Fellows Present at GDP Center on Central Bank Diplomacy and Financial Crisis Mitigation
On February 27th, three of our Fellows (Milena Vučinić, Collen Masunda, and Sergiu Bulbaș) were invited to present at the Global Development Policy Center (GDP) at Boston University. The presentation topic was central bank diplomacy and actions intended to prevent and mitigate financial crises. The event was moderated by Kevin Gallagher, Professor of Global Development Policy and Director of the GDP Center.
The Global Development Policy (GDP) Center is a University-wide center in partnership with the Frederick S. Pardee School of Global Studies. The GDP Center’s mission is to advance policy-oriented research for financial stability, human well-being, and environmental sustainability. The Fellows had the chance to attend the inaugural ceremony for the GDP Center, featuring a keynote speech by former Secretary General Ban Ki-moon.
As demonstrated by the 2007-2008 financial crisis, central banks around the world play an essential role in responding to financial crisis. Bringing in their diverse perspectives from their home countries, Milena, Collen and Sergiu began their presentation by introducing the history of central bank diplomacy before giving an in-depth analysis of the current status of central banks in their home countries Montenegro (Milena), Zimbabwe (Collen), and Moldova (Sergiu).
To conclude, the Fellows presented next steps for how central banks can better mitigate and respond to crisis, as well the opportunities and limits they face. After the presentation, there was an engaging and passionate discussion between the Fellows and the audience. In attendance were many graduate students and PHD candidates in the field of global development. It was an engaging and insightful experience and we look forward to working with the GDP Center in the future.
