Per Jacobsson Lecture: Building Economic Resilience in Uncertain Times: Challenges for Emerging Markets and the Region

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DATE: October 14, 2023

DAY: Saturday

3:00 PM - 4:00 PM

LOCATION: AA03 Volubilis

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The 2023 Per Jacobsson Lecture will bring together policy makers and experts from Africa and the Middle East to discuss key issues and challenges facing the region, with a focus on “Building Economic Resilience in Uncertain Times: Challenges for Emerging Markets and the Region”. Economies in the region have been affected by multiple challenges including rapid inflation, food insecurity, costly borrowing, and mounting debt. Reforms and new policies are needed to build sustainable macroeconomic stability and growth, yet many countries have very limited policy space. This seminar will discuss how countries can work towards economic resilience in an era of greater uncertainty and shocks.

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Per Jacobsson Lecture: Building Economic Resilience in Uncertain Times: Challenges for Emerging Markets and the Region


Opening Remarks: Antoinette Monsio Sayeh

Antoinette M. Sayeh assumed office as Deputy Managing Director of the International Monetary Fund on March 16, 2020.

Ms. Sayeh has been a Distinguished Visiting Fellow at the Center for Global Development (CGD) since November 2016 and was Co-Chair for the recently concluded 19th Replenishment of the International Development Association (IDA19), the World Bank’s Fund for the poorest. She previously oversaw and significantly enhanced the International Monetary Fund’s engagement with its sub-Saharan African members as Director of the African Department between July 2008 and August 2016. Full bio

Moderator: Guillermo Ortiz

Guillermo Ortiz Guillermo Ortiz is Senior Advisor and Board Member of BTG Pactual. Former Chairman of BTG Pactual Latam ex-Brazil. He was Chairman of the Board of Grupo Financiero Banorte. Dr. Ortiz is Chairman of the Per Jacobsson Foundation, and a member of several international organizations. He also serves in the Board of several companies. He was Governor of Banco de Mexico (1998-2009), Minister of Finance of Mexico (1994-1997) and Secretary of Communications and Transportation (1994). In 2006 he was appointed to the Board of the BIS and was elected Chairman in 2009. He was also Executive Director at the IMF (1984-1988). Mr. Ortiz earned a BA degree in Economics from UNAM and a PhD in Economics from Stanford University.

Panelist: Lesetja Kganyago

Lesetja Kganyago was appointed Governor of the SARB with effect from 9 November 2014. He was reappointed by the President of South Africa for a second five-year term effective 9 November 2019. Prior to his appointment as Governor, Kganyago served as Deputy Governor of the SARB from 16 May 2011 until his elevation to Governor.

Kganyago chairs the Committee of Central Bank Governors of the Southern African Development Community (SADC), the Bank for International Settlements Central Bank Governance Group (CBGG) and co-chairs the Financial Stability Board’s Cross-Border Payments Coordination Group (CPC) and Regional Consultative Group for Sub-Saharan Africa (RGG-SSA). In addition, he served as the Chairperson of the International Monetary and Financial Committee, which is the primary advisory board to the International Monetary Fund (IMF) Board of Governors, from 18 January 2018 – 17 January 2021.

He holds an MSc in Economics from SOAS University of London and a Bachelor of Commerce degree in Economics and Accounting from the University of South Africa as well as Doctor of Commerce degrees from Stellenbosch University and the Nelson Mandela University. He also received various training in Finance, Economics and Management.

Panelist: Masood Ahmed

Sir Masood Ahmed has been president of the Center for Global Development since 2017. Before joining CGD, Masood had a 35-year career driving economic development policy initiatives relating to debt, aid effectiveness, trade, and global economic prospects at the IMF, World Bank, and DFID.

As a leading expert on international development finance, Masood Ahmed has served on a number of international committees and forums. Currently, he is a Policy Advisor to the G20 High-Level Independent Expert Group on Strengthening Multilateral Development Banks and co-chair of the World Economic Forum GFC on the Future of Growth.

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