After two years of pandemic disruption, RBWC is back in Washington DC for the IMF and World Bank annual meetings.
Compared to 2020, the world has dramatically changed. To address the adverse effects of covid-19 lockdowns and curfews, governments have mostly chosen to spend more, while central banks have eased their domestic financing conditions by lowering their interest rates and by implementing quantitative easing policies. This has led economies to benefit from a strong rebound from the 2020 low, but also to surges in end consumer prices, especially in the US.
Furthermore, the war in Ukraine has brought negative consequences for the world economy. The reduction of Russian and Ukrainian supplies of energy, raw materials, and food has led not only to a further surge in prices, especially in the EU, but also to recessive effects as the war and the more-acute-than-ever confrontation between the US and China is progressively depressing global demand.
Nevertheless, optimism has not disappeared: these last two years have been crucial for the development of digital finance. However, these new technologies – which can be key to the next generation of monetary and financial systems – raise many questions.
Thus, in 2022 the world seems brand new, likely entering a new era of stagflation, associating high-energy prices, low growth perspectives, high public debt levels and tightening monetary conditions. It might as also face a new technological and geopolitical context, which could totally reshape its international financial and monetary system. This conference will ponder from various important perspectives what should be done to remain on track.
Draft-Subject to Change
Venue: Dupont Circle Hotel,
1500 New Hampshire Ave NW, Washington, DC 20036, USA
Registration and Welcome Coffee
TRACK I: GLOBAL GOVERNANCE
Session I: Improving the Debt Architecture
TRACK II: GLOBAL MACRO
Session 2: The Inflation Reset
Session 3: Emerging Markets in a New Era
TRACK III: DIGITAL MONEY & FINANCE
Session 4: CBDC and Private Stablecoin Coexistence-Challenges Ahead
Session 5: Cross-Border Payment: A Global Public Good?
CONFIRMED SPEAKERS (in alphabetical order)
List will be expanded regularly in the next few weeks as other invited speakers confirm their attendance.