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How the multilateral financial system can preserve global integration

OeNB & SUERF “Meet the author” seminar with Shekhar Aiyar

How the multilateral financial system can preserve global integration

Date & Time: Wednesday, February 22, 2023; 14:30-16:00 CET
Format & Venue: Hybrid online via Webex and in-person event at Oesterreichische Nationalbank, Otto-Wagner-Platz 3, 1090 Vienna, Austria


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.

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

16:00 Snacks & Networking

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