Rethinking Bretton Woods | Wed, Jun 9, 2010
Center of Concern, Jubilee USA Network and Interaction,
with the support of the French Embassy in Washington DC,
invite you to a book launch
Debt and Trade: What Are the Linkages, and How Can They Be Made to Avoid a New Crisis?
June 21, 2010
10:00 AM- 12:00 PM
1400 16th St., NW, Suite 210
Mr. Paul Bertrand Barets, French Ministry for Foreign and European Affairs
Mr. Aldo Caliari, Center of Concern (and editor of Debt and Trade: Making Linkages for the Promotion of Development)
Mr. Michael Clark, Interregional Adviser, UNCTAD
Mr. Ernest Aryeetey, Brookings Institution
Mr. Ben Leo, Center for Global Development
Moderator: Mr. John Ruthrauff, InterAction
High levels of public debt have, for more than three decades, remained a constraint on the development efforts of poor countries. This continues to be the case in spite of short-lived improvements in the years preceding the global economic crisis of 2008-09, with a range of analyses pointing to either a return to pre-crisis situation (if global demand picks up quickly) or worsened conditions.
As countries design measures to sustain the incipient recovery, reshaping the paradigm linking trade and debt on the basis of the lessons learned will be key to achieving a more resilient and development-oriented global economy. In turn, this requires that policy-making on both trade and debt be approached in a more holistic way than in the past.
Some key areas of concern that can provide a starting point in this endeavor are the technical dimensions of linking debt and trade in balance of payments accounting, the potential and limitations of market access, the export growth-debt repayment link, the effects on debt of foreign investment rules, the impacts of domestic monetary policy on debt and trade, and the definition of debt sustainability, including how to better factor trade performance into debt sustainability assessments.
Join us for a panel discussion where a number of experts from governments and civil society will discuss these issues and contextualize them in the light of the most recent events and ongoing reforms of global economic governance structures. The recently published book Debt and Trade: Making Linkages for the Promotion of Development, will be launched in the occasion.
Registration: Please RSVP at firstname.lastname@example.org
For any questions or comments please contact Aldo Caliari at (202) 635-2757 x 123 or email@example.com
Click here to download announcement.
Click here for information on how to order the book.