Seminar: Boosting Productivity Growth in the Digital Age

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IMF SEMINAR EVENT

DATE: October 15, 2025

DAY: Wednesday

11:00 AM - 12:00 PM

LOCATION: IMF HQ1 Atrium (HQ1-1-700)

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Overview

Productivity is what powers prosperity for people. Breakthroughs in technology, finance, and globalization have lifted growth for decades—but often at the cost of middle-class security and widening divides across regions and communities. In recent years, the engine of productivity has slowed, dragging down growth momentum worldwide. Now a new wave of digital technologies, including artificial intelligence, promises another leap forward. Will it deliver shared prosperity, or widen existing gaps? This seminar brings together leading thinkers to explore how policies can turn today’s innovations into inclusive, broad-based growth—and ensure everyone shares in the productivity dividend.

Seminar: Boosting Productivity Growth in the Digital Age

Panelists

Speaker: Kristalina Georgieva

Kristalina Georgieva Kristalina Georgieva is the Managing Director of the International Monetary Fund (IMF). She is the first person from an emerging market economy to lead the IMF since its inception in 1944. Before joining the Fund, Ms. Georgieva was Chief Executive Officer of the World Bank and also served as Interim President for a time. Previously, she served at the European Commission as Vice President for Budget and Human Resources – and as Commissioner for International Cooperation, Humanitarian Aid and Crisis Response. She was named “European of the Year” and “Commissioner of the Year” by European Voice for her leadership in the European Union’s humanitarian response to crises.

Speaker: His Excellency Mohammed Al-Jadaan

His Excellency Mohammad Al-Jadaan is Minister of Finance for the Kingdom of Saudi Arabia. He serves on the Board of Directors of the Saudi Public Investment Fund and Saudi Aramco; the Ministerial Council of the OPEC Fund for International Development; the Board of Governors of the World Bank and IMF, Arab Monetary Fund, Islamic Development Bank, and Asian Infrastructure Investment Bank; and heads the Kingdom's delegation to the meetings of G20 Finance Ministers and Central Bank Governors. Prior to his appointment as Minister, he served as Chairman of the Board of the Capital Market Authority of Saudi Arabia, and was a founding partner of Al-Jadaan and Partners Law Firm.

Speaker: Tony O. Elumelu

Tony O. Elumelu is an African investor and philanthropist, and one of the world’s most prominent voices on Africa’s transformation agenda.

He is the Founder and Chairman of Heirs Holdings, a family-owned investment company, which invests in strategic sectors of the African economy, including financial services, hospitality, power, energy, technology, and healthcare, as part of its commitment to improving lives and transforming Africa.

Tony is the Chair of the United Bank for Africa (UBA) Group which operates in 20 countries across Africa, as well as the United Kingdom, France, the UAE, and the United States. He also chairs Nigeria’s largest quoted conglomerate, Transcorp Group, whose subsidiaries include Transcorp Power, a leading producer of electricity in West Africa, and Transcorp Hotels Plc, Nigeria’s foremost hospitality brand.

Speaker: Simon Johnson

Simon Johnson is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management, where he is head of the Global Economics and Management group. He is also co-director of MIT’s James M. and Cathleen D. Stone Center on Inequality and Shaping the Future of Work, a Research Affiliate at Blueprint Labs, and co-founder with Michael Mina of a new Public Health Engineering initiative.  In December 2024, Johnson received the Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel, jointly with Daron Acemoglu and James A. Robinson, “for studies of how institutions are formed and affect prosperity.” In 2007-08, Johnson was chief economist and director of the Research Department at the International Monetary Fund. He currently co-chairs the CFA Institute Systemic Risk Council with Erkki Liikanen. He is a Research Associate at the NBER and a Fellow at CEPR. 

Speaker: Ruth Porat

Ruth Porat has held the position of President and Chief Investment Officer of Alphabet and Google since September 2023. In this role, she is responsible for the Company’s corporate investments and investment vehicles, including GV and CapG, the Other Bets investment portfolio, Real Estate and Workplace Services, and other Company infrastructure. She engages with policymakers and regulators about the Company’s business and impact across markets related to economic growth, job creation, and opportunity. She was previously SVP and CFO of Alphabet and Google. 

Moderator: David Wessel

David Wessel is director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution. The center provides independent, non-partisan analysis of fiscal and monetary policy issues in order to further public understanding and to improve the quality and effectiveness of those policies. He joined Brookings in December 2013 after 30 years on the staff of The Wall Street Journal, where most recently he was Economics Editor and author of the weekly Capital Column. He is still a contributing correspondent to The Wall Street Journal and appears frequently on NPR’s Morning Edition.

(As of April 2016)

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