Post-crisis policy challenges in the world economy
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Speaker(s): Dr Heiner Flassbeck, Dr Supachai Panitchpakdi
Chair: Professor Robert Wade
Recorded on 5 September 2011 in Hong Kong Theatre, Clement House.
Post-crisis policy challenges in the world economy will be the focus of UNCTAD´s Trade and Development Report 2011. The Report will address the question of what lessons have policymakers drawn from the crisis for reforming the international monetary and financial system and the design of macroeconomic policies.
The rethinking of policies and the reshaping of the international monetary and financial system remain urgent tasks. The Report will make concrete proposals on how, and in which priority areas, to advance in strengthening regulation of the financial sector and commodity markets, reform of the international monetary system, and the reorientation of fiscal policy.
Dr Heiner Flassbeck is Honorary Professor of Hamburg University and Director, Division on Globalization and Development Strategies, UNCTAD secretariat. He is the leader of the team preparing the Trade and Development Report. Previously, he was the Vice-Minister of Finance in Germany and Chief Economist of the German Institute of Economic Research in Berlin.
Dr Supachai Panitchpakdi is Secretary-General of UNCTAD. He began his second four-year term as Secretary-General of UNCTAD on 1 September 2009, following his unanimous confirmation by the UN General Assembly.
Established in 1964, the United Nations Conference on Trade and Development promotes the development-friendly integration of developing countries into the world economy. UNCTAD has progressively evolved into an authoritative knowledge-based institution whose work aims to help shape current policy debates and thinking on development, with a particular focus on ensuring that domestic policies and international action are mutually supportive in bringing about sustainable development.