Global Savings and Investment Patterns & the Changing Structure of the World Economy

Adelaide, Australia

March 18-19, 2006



This seminar in Adelaide asked participants to outline and discuss the main factors driving saving and investment behavior across the globe and to reflect on their implications in terms of needed reforms of the International Financial Institutions (IFIs).  The challenge for the international community according to many participants was to harness interest in reforms in order to guide discussions towards concrete next step — developing a consensus on principles for effecting change and a realistic plan for achieving reforms.  There was also general consensus that the G-20 could play an important role in this work.



  • Dietrich DOMANSKI: Head Macroeconomics Monitoring, BIS
  • Glenn STEVENS: Deputy Governor, Reserve Bank of Australia
  • Hu XIAOLIAN: Deputy Governor, People’s Bank of China
  • John HELLIWELL: Professor of Economics, British Columbia
  • Jong Wha LEE: Professor of Economics, Korea University
  • Marc UZAN: Executive Director, Reinventing Bretton Woods Committee
  • Mark CARNEY: Senior Associate Deputy Minister, Department of Finance of Canada
  • Martin PARKINSON: Executive Director, The Treasury, Australia
  • Menzie CHINN: Professor of Economics, Wisconsin University
  • Michael BUCHANAN: Co Director of Global MacroResearch, Goldman Sachs
  • Nouriel ROUBINI: Professor of Economics, New York University
  • Richard SAMANS: Managing Director, World Economic Forum
  • Susan BIES: Governor, Board of Governors of the Federal Reserve System, USA
  • Ted TRUMAN: Senior Fellow, IIE
  • Thomas MIROW: State Secretary, Ministry of Finance, Germany

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