G-20 Italy - The Reinventing Bretton Woods Committe

Towards a More Resilient International Financial Architecture

May 10, 2021

Partners

Overview

This event examined proposals to “recycle” or “channel” SDRs towards the countries that need them most, taking note of the institutional and design constraints that lending or donating SDRs carries. A second focus was on the evolution of capital flows since the outbreak of the pandemic, the policy responses adopted, and how these fit in the context of the IMF Integrated Policy Framework, with an eye to the upcoming Review of the IMF’s Institutional View.

Program

What should be done with the SDR?

MASOOD AHMED, PRESIDENT OF THE CENTER FOR GLOBAL DEVELOPMENT

ALESSANDRO RIVERA, DIRECTOR GENERAL OF THE TREASURY, ITALIAN MINISTRY OF ECONOMY AND FINANCE

What should be done with the SDR?

MASOOD AHMED, PRESIDENT OF THE CENTER FOR GLOBAL DEVELOPMENT

ALESSANDRO RIVERA, DIRECTOR GENERAL OF THE TREASURY, ITALIAN MINISTRY OF ECONOMY AND FINANCE

CEYLA PAZARBASIOGLU, DIRECTOR OF THE STRATEGY, POLICY AND REVIEW DEPARTMENT, INTERNATIONAL MONETARY FUND

EMMANUEL MOULIN, DIRECTOR GENERAL OF THE TREASURY, FRENCH MINISTRY OF ECONOMY AND FINANCE

Global Financial Cycle, Capital Flows, Policy Responses

JACOB FRENKEL, CHAIRMAN OF THE FRENKEL-ZUCKERMAN INSTITUTE FOR GLOBAL ECONOMICS, FORMER GOVERNOR OF THE BANK OF ISRAEL

JAMES BULLARD, PRESIDENT OF THE FEDERAL RESERVE BANK OF ST LOUIS

KRISTIN FORBES, PROFESSOR OF ECONOMICS, MASSACHUSETTS INSTITUTE OF TECHNOLOGY

LUIGI FEDERICO SIGNORINI, SENIOR DEPUTY GOVERNOR OF THE BANK OF ITALY

TOBIAS ADRIAN, FINANCIAL COUNSELLOR AND DIRECTOR OF THE MONETARY AND CAPITAL MARKETS DEPARTMENT, INTERNATIONAL MONETARY FUND

CARMEN REINHART, CHIEF ECONOMIST OF THE WORLD BANK

DODY BUDI WALUYO, DEPUTY GOVERNOR OF THE BANK OF INDONESI