IMF SEMINAR EVENT
DATE: October 8, 2014
DAY: Wednesday
11:00 AM - 12:30 PM
LOCATION: George Washington University, Jack Morton Auditorium
Overview
Fostering and sustaining robust and balanced economic growth is a policy imperative across all countries in the world today. This high-level conference will bring together policy makers, experts and analysts to exchange views on the nature of the challenges and on the reforms needed to jumpstart job creation and ensure more inclusive growth. The one-day event will discuss challenges to delivering robust and sustained growth, the role of public debt and investment, and sharing the fruits of growth. IMF Managing Director Christine Lagarde will provide opening remarks. The conference will conclude with a policy panel to discuss the critical dilemmas that countries face as they seek to implement reforms to deliver job-rich and inclusive growth.
Session 2: The global financial crisis has left a legacy of very high public debt across advanced economies, which has elicited calls to gradually decrease public debt in order to reduce risks of sovereign debt crises and re-establish buffers. Public infrastructure in many countries has also deteriorated and consequently impacted growth trajectories, prompting calls for scaling up public investment, given the still very low real costs of public borrowing. Some key questions for discussion in this session include: (i) is a further debt buildup warranted to meet public investment goals? How can the efficiency of public investment be improved?; (ii) is the legacy of high public debt a problem, or should countries simply live with higher public debt in the future?; and (iii) what normative guidelines are appropriate for countries as they try to manage the multiple challenges associated with high public debt, deficient public infrastructure, and lackluster medium-run growth prospects?
View other sessions:
Session
1: The
Imperative of robust and sustained growth
Session
3: Sharing
the fruits of growth
Concluding Session:
Growth
and Reform Challenges
Join the conversation via #sharedgrowth