As the world economy faces a serious economic downturn, policies implemented by the United States can have a major impact on other countries around the world. The World Bank projects that global economic growth will fall to 1.7 percent this year, the worst in three decades, other than the downturns of 2009 and the 2020 pandemic recession. The World Bank noted that “urgent action is needed to attenuate the risk of global recession stemming, in part, from the fastest and most synchronized monetary tightening in decades.”

Join the Boston University Global Development Policy Center, the Center for Economic and Policy Research, the Arab Watch Coalition, the Institute for Policy Studies and MADRE on Thursday, February 2 at 10:00-11:00 EST for a discussion on the economic pressures and impacts of US policies in developing countries, including interest rate hikes, sanctions regimes and IMF policies such as Special Drawing Rights (SDRs) and surcharges - as well as alternatives.

Speakers:

Jomo Kwame Sundaram, Senior Adviser at the Khazanah Research Institute and Fellow, Academy of Science, Malaysia

Jayati Ghosh, Professor, Department of Economics, University of Massachusetts at Amherst

Mark Weisbrot, Co-Director of the Center for Economic and Policy Research

Victoria Guida (Moderator), Economics Reporter at Politico

Lara Merling (Introductory Remarks), Senior Policy Adviser, Global Economic Governance Initiative, Boston University Global Development Policy Center