GLOBAL FINANCE AS A COMMONS – GUARANTOR OR THREAT TO STABILITY?
Over the past half-century, policymakers have successfully created an international system of trade and finance that has spurred globalization and brought greater prosperity to large proportions of the world’s population. But if this same system is used as a principal weapon in political disputes, e.g. barring a country from the use of SWIFT, do we risk a fragmentation of global finance and a lessening of globalization’s benefits? How might these policies motivate the diversification of reserve currencies?
Moderator:
John Fraher ,
Executive Editor for International Government, Bloomberg
Panellists
Shamshad Akhtar ,
Executive Secretary, The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)
Richard Werner ,
Professor, University of Southampton
Andrey Kostin ,
President, Chairman of the Management Board, Member of the Supervisory Council, Member of the Strategy and Corporate Governance Committee, VTB Bank
Alexei Moiseev ,
Deputy Finance Minister of the Russian Federation
Andy Xie ,
Independent Economist
Jean-Pierre Thomas ,
President, Thomas Vendome Investment