IMF Connect

Together with B20 Germany, the International Monetary Fund invites you to join the panel discussion “Towards a Resilient Global Economy: Is the next financial crisis just around the corner?”

The G20 has broadly finalized implementation of its financial market regulatory reform agenda set in the aftermath of the financial crisis. Despite massive liquidity injections, capital increases, and macroprudential reforms, substantial parts of the banking sector are still in turmoil. Notwithstanding historically low interest rates, uncertainty leads to low levels of investment in the real economy and excessively high cash holdings. The G20 finance ministers will have their last meeting under Chinese presidency on October 7-9 as Germany prepares to take over the baton on December 1. In this context, the panel will explore inter alia how the past G20-driven financial market regulation affect the banking sector, the insurance industry, and the real economy. How to improve effective and coherent implementation? What should be the next steps on enhancing resilience under the German G20 presidency? The panel discussion will be chaired by Stormy-Annika Mildner, B20 Germany Sherpa.

Chair:

Stormy-Annika Mildner, B20 Germany Sherpa

Panelists:

Andreas Gruber, Chief Investment Officer, Allianz SE

German government representative

Hung Tran, Executive Managing Director, The Institute of International Finance (IIF)

José Manuel González-Páramo, Member of the Board of BBVA

Nigel Jenkinson, Assistant Director in the Monetary and Capital Markets Department

Robert Milliner, Senior Advisor to B20 Germany and former B20 Australia Sherpa