In a data-driven world, narratives generated by data can help inform economic policymaking. So what do the IMF’s biggest datasets tell us about lagging regions, new approaches on climate change, and what happens when housing markets overheat?

11:00 am - 11:30 am
Putting a Value on Marine Life:

A whale sequesters about 33 tons of carbon dioxide on its body when it dies and sinks to the ocean floor. They also are responsible for indirectly fertilizing phytoplankton, capturing around the same amount of carbon dioxide as 78 billion trees per year. How can we put a price on the benefits this marine life gives back to the earth?

Speakers:

Ralph Chami, Institute for Capacity Development
Joe Roman, University of Vermont

11:45 am - 12:15 am
Housing Markets—A Stich in Time Could be a Lifeline:

Financial systems face a host of risks from all corners of the economy, and regulators use tools to contain these. Over the years, a variety of measures and regulations have been tried to curtail booms and busts in housing markets, but which ones might be the most effective in keeping housing markets stable?

Speakers:

Tobias Adrian, Financial Counsellor, IMF
Boris Vujčić, Governor, Central Bank of Croatia

12:30 pm - 1:00 pm
Global Growth, Lagging Sub-National Regions:

Global growth is under pressure and even within countries, performance varies. Long-term unemployment rates are persistently higher on average in worse-performing regions within advanced economies. What kinds of reforms can help these lagging regions become more resilient?

Speakers:

Gita Gopinath, Economic Counsellor, IMF
Nadia Calvino, Minister of Economy, Spain

4:00 pm - 4:25 pm
The Price to Stop Climate Change:

The window to stop climate change is closing rapidly and Finance Ministers must play a role. A carbon tax can stop the planet’s warming, but at what cost to people and governments?

Moderator: Justin Worland, TIME

Speaker:

Vitor Gaspar, Director of Fiscal Affairs Department, IMF

4:30 pm - 5:00 pm
Putting a Value on Marine Life:

A whale sequesters about 33 tons of carbon dioxide on its body when it dies and sinks to the ocean floor. They also are responsible for indirectly fertilizing phytoplankton, capturing around the same amount of carbon dioxide as 78 billion trees per year. How can we put a price on the benefits this marine life gives back to the earth?

Speakers:

Ralph Chami, Institute for Capacity Development, IMF
Joe Roman, University of Vermont

Schedule