Why are emerging markets facing another debt crisis and how can it be addressed effectively? Join our conversation with leading academic experts to discuss how such crises originate and which global economic reforms are needed to prevent them in the future.
Slowing global growth, surging inflation and rising interest rates are squeezing emerging markets more than others. Past economic crises have proven that low-income countries are most vulnerable to economic stagnation and financial crisis when global debt levels reach record highs. How is this crisis different from past emerging market debt crises? What international strategies are being developed to slow the crises and minimize the impact? How can we ensure such disproportionate impacts on low-income countries do not occur again?
Meet the speakers and chair
Professor Jayati Ghosh, Professor of Economics, University of Massachusetts Amherst. Jayati Ghosh is Professor of Economics at the University of Massachusetts Amherst. Her research interests include globalisation, international trade and finance, employment patterns, macroeconomic policy, gender issues, poverty and inequality. She was the Chairperson of the Andhra Pradesh Commission on Farmers’ Welfare in 2004, and Member of the National Knowledge Commission reporting to the Prime Minister of India (2005-09).
Professor Joseph Stiglitz, University Professor at Columbia University. Joseph E. Stiglitz is University Professor at Columbia University. He is the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Institute. A recipient of the Nobel Memorial Prize in Economic Sciences (2001), he is a former senior vice president and chief economist of the World Bank and a former member and chairman of the US President’s Council of Economic Advisers.
Dr Jerome Roos, LSE Fellow in International Political Economy. Jerome Roos is an LSE Fellow in International Political Economy (IPE) at the Department of International Development of the London School of Economics. His research focuses on the political economy of global finance, sovereign debt and international crisis management. He holds a dual degree in International Political Economy from Sciences Po Paris and the London School of Economics, and a PhD in Political and Social Sciences from the European University Institute in Florence. Prior to returning to LSE in January 2018, he was a postdoctoral researcher at the Department of Sociology of the University of Cambridge.
More information about the event
This event is hosted by LSE IDEAS
Event hashtags: #GlobalEconomicGovernance #LSEGEGC
LSE IDEAS (@lseideas) is LSE's foreign policy think tank. Through sustained engagement with policymakers and opinion-formers, IDEAS provides a forum that informs policy debate and connects academic research with the practice of diplomacy and strategy.