Digitalization and the New Gilded Age
IMF SEMINAR EVENT
DATE: April 18, 2018
DAY: Wednesday
3:30 PM - 4:45 PM
LOCATION: IMF HQ1, Atrium
Overview
Are technological advances leading to greater market concentration in firms such as Google and Facebook and, in turn, creating what could be described as a New Gilded Age? Is now a time for a new era of trust busting? Can start-ups compete against larger, more established firms? What is the prospect for “technological unemployment” that John Maynard Keynes forewarned about in 1930? The answers to these questions hold the key to how the IMF and policymakers should address productivity, inequality and the future of work.
Join the conversation via #NewEcon
Digitalization and the New Gilded Age
Panelists
Moderator: Christine Lagarde
Christine Lagarde has been Managing Director of the International Monetary Fund since July 2011. She held various ministerial positions within the French government, including Finance and Economy Minister (2007–11), Minister for Foreign Trade, and Minister for Agriculture and Fisheries. She was also Chairman of the Global Executive Committee and Global Strategic Committee of Baker & McKenzie.
Panelist: Bridget van Kralingen
Panelist: Alec Ross
Alec Ross is a New York Times best-selling author. He started his career as a teacher in Baltimore City Public Schools before co-founding a non-profit organization focused on bridging the digital divide. He has received a number of respected recognitions, including Top 100 Global Thinkers by Foreign Policy Magazine, Huffington Post’s 10 Game-Changers in Politics and the Tribeca Film Festival Disruptive Innovation Award. Ross lives in Baltimore and advises start-ups in Maryland and around the world.
Panelist: Tharman Shanmugaratnam
Tharman Shanmugaratnam was elected as Singapore’s President in September 2023. He had served as Deputy Prime Minister and Finance Minister for several years, and as Education Minister earlier. He also served as Chairman of the Monetary Authority of Singapore, the nation’s central bank and financial regulator.
Tharman led the IMF’s International Monetary and Financial Committee from 2011-2014. He currently co-chairs the High-Level Advisory Council on Jobs established by the World Bank Group, and chairs the board of the Group of Thirty.
He also chaired the G20 Eminent Persons Group on Global Financial Governance in 2017-2018, and co-chaired the G20 High-Level Panel on financing pandemic preparedness and responses in 2021. He recently co-chaired the Global Commission on the Economics of Water, which released its report in October 2024.