Virtual Conference: Lessons from the Global Financial Crisis in the Age of COVID-19

Event Page: https://www.imf.org/en/News/Seminars/Conferences/2020/11/23/lessons-from-the-global-financial-crisis-in-the-age-of-covid-19 (Registration is not required)

The world is facing an unprecedented crisis. Pre-existing vulnerabilities in financial systems are intensifying in many economies, particularly for non-financial corporates, non-bank financial institutions, and sovereign debt. The world must prepare for post-pandemic financial reforms to secure financial stability. This virtual conference “Lessons from the Global Financial Crisis in the Age of COVID-19” hosted by the International Monetary Fund and The University of Tokyo brings together veteran and current policymakers and researchers from around the world to offer their insights on how best to manage financial risks during the current and future crises.

Program

Time
Program

8:00-8:10 pm

Opening Remarks:
Haruhiko Kuroda, Governor, Bank of Japan

8:15-8:30 pm

Navigating the Pandemic: Asia’s Multi-Speed Recovery
Jonathan D. Ostry, Acting Director, Asia and Pacific Department, IMF

8:35-9:20 pm

International efforts to bolster cooperation and manage financial stability in the era of COVID-19

Moderator:
Takehiko Nakao, Chairman, Mizuho Research Institute

Panelists:
Ceyla Pazarbasioglu, Director, Strategy Policy and Review Department, IMF
Masamichi Kono, Deputy Secretary-General, The Organisation for Economic Co-operation and Development (OECD)
Toshinori Doi, Director, ASEAN+3 Macroeconomic Research Office (AMRO)

Issues for discussion
Both global and regional cooperation are important to mitigate economic and financial risks during crises. This session will discuss how best to leverage such cooperation during the COVID-19 crisis to manage risks, including by drawing on lessons from the past.