How the multilateral financial system can preserve global integration
OeNB I SUERF “Meet the author” seminar with Shekhar Aiyar
Venue
online via Webex and in-person event at Oesterreichische Nationalbank, Otto-Wagner-Platz 3, 1090 Vienna, Austria
Format
hybrid, Vienna
Date
Wednesday, February 22, 2023
In cooperation with
Geo-Economic Fragmentation and the Future of Multilateralism, Published January 15, 2023 After several decades of increasing global economic integration, the world is facing the risk of policy-driven geoeconomic fragmentation (GEF). This note explores the ramifications. It identifies multiple channels through which the benefits of globalization were earlier transmitted, and along which, conversely, the costs of GEF are likely to fall, including trade, migration, capital flows, technology diffusion and the provision of global public goods. It explores the consequences of GEF for the international monetary system and the global financial safety net. Finally, it suggests a pragmatic path forward for preserving the benefits of global integration and multilateralism.
Program
Time
Wednesday, 22 February 2023
14:30
Welcome remarks & event moderation
Birgit Niessner,
Director Economic Analysis and Research Department, Oesterreichische Nationalbank
14:40
Geo-Economic Fragmentation and the Future of Multilateralism
Shekhar Aiyar,
Head of Multilateral Surveillance, Research Department, IMF
15:10
Panel disccussion and Q&A with the audience
Michael G. Plummer,
Director, Professor of International Economics SAIS Europe, Johns Hopkins University, Bologna
Susanne Weigelin-Schwiedrzik,
Chair Professor of Sinology, University of Vienna
Shekhar Aiyar,
Head of Multilateral Surveillance in the IMF’s Research Department, IMF
