GDP Center Hosts Workshop on Global Financial Safety Net

Credit: @T20Solutions

The Global Development Policy (GDP) Center, an affiliated center of the Frederick S. Pardee School of Global Studies at Boston University, hosted a June 4, 2018 workshop with the United Nations Conference on Trade and Development (UNCTAD) at the Institute of World Economics and Politics (IWEP) at the Chinese Academy of Social Sciences (CASS) in Beijing, China.

The workshop, entitled “Cooperation for Stability: Strengthening the Global Financial Safety Net,” was held in support of the Think 20 Argentina Task Force on International Financial Architecture for Stability and Development. It brought together experts from think tanks engaged in the T20 process as well as experts from the United Nations and government representatives.

GDP Center Director Kevin P. Gallagher serves as the co-chair of the T20 task force on International Financial Architecture for Stability and Development. The T20 is the research and policy advice network for the G20 summit. The task force aims to combine policy-driven topics arising from the priorities of the G20 Presidency, and think-tank-driven topics initiated by the think tanks and research organizations.

Gallagher chaired a session at the workshop entitled  “Regional Financial Arrangements,” which focused on the extent to which the IMFs recent policy coordination and staff position proposal is consistent with the G20’s guiding principles. Gallagher also delivered closing notes at the workshop

The keynote addresses at the workshop were made by Jose Antonio Ocampo, Co-director of the Central Bank of Colombia and Chair of the Committee on Development Policy at the United Nations, and Huang Haizhou, Managing Director and Management Committee member at China International Capital Corporation (CICC).

The GDP Center is a university-wide research center in partnership with the Office of the Vice President and Associate Provost for Research and 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.