Global Financial Forum: The New Global Economic Order, 3 November 2010
What is the evolving global economic, regulatory and monetary picture?
As governments have acted to promote economic growth after the global financial crisis, one result has been a massive increase in deficit financing by European governments and the United States. Now is a key moment to look at the evolving global economic, regulatory and monetary picture.
Leading figures from governments, regulatory bodies, financial institutions and international organizations will assess the impact of steps taken to mitigate the global financial crisis and focus on vital issues for the future, including:
* Have global economic stimulus policies been effective in pulling national economies out of recession?
* Have counter-cyclical fiscal policies pushed developed economies into a debt trap? What is the risk of a spreading sovereign debt crisis?
* How should exits from crisis-driven stimulus measures be timed?
* Is the independence of central banks threatened by their purchases of government bonds?
* Are the Financial Stability Board and the G20 providing adequate support for macroprudential supervision, or is a more robust legal and institutional framework needed?
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