Korea Economic Institute (KEI) Presents: Leading G-20 Official and Experts Discuss the Need to Expand Current Financial Safety Nets in the Global Economy
WASHINGTON, June 24 /PRNewswire-USNewswire/ -- The following was released today by the Korea Economic Institute:
Tuesday, June 29, 10:00–11:30 am |
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KEI Conference Facility |
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1800 K St. NW, Washington, D.C. 20006, Suite 1010 |
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Featured Speakers: |
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Choi Heenam |
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Director General, G-20 Task Force |
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Co-chair of the Financial Safety Nets Experts Group in the G-20 |
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Ministry of Strategy and Finance |
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Republic of Korea |
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Craig Beaumont |
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Division Chief |
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General Resources and SDR Policy, Finance Department |
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International Monetary Fund |
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Yusuke Horiguchi |
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First Deputy Managing Director |
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Institute of International Finance |
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About the Program:
As the financial global crisis demonstrated, volatile capital flows pose significant risks to emerging and developing countries. At the recent meeting of finance ministers and central bankers in Korea, there was strong support developing a financial safety net for developing economies on the G-20 agenda. The current proposal on the table envisions a combination of regional initiatives and financial support from the IMF. Please join KEI for a discussion of why the issue of financial safety nets is a pressing one for the maintenance of the global financial architecture, how the G-20 and IMF handled the issue during the recent crisis, and what proposals might be developed for the G-20 summit in Seoul this November. Director General Choi Heenam of the Ministry of Strategy and Finance in Korea will also provide insight into the perspective of the Republic of Korea, the current chair of the G-20, on this issue.
For further information, please contact Greg Scarlatoiu ([email protected]) or go to our website (www.keia.org).
SOURCE Korea Economic Institute
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