The Working Group is preparing recommendations to improve the sovereign debt resolution architecture and to prevent future crises.
The Working Group drives the Committee’s efforts to educate U.S. policymakers on the importance of the international financial institutions and continued U.S. support.
Most observers gave the IMF high marks for its initial response to the COVID-19 crisis. It responded quickly with emergency financing to 86 countries, including a fivefold increase in its concessional lending to low-income countries (LICs).
On April 12, BWC member Jason Furman, Jacob J. Lew, Maria Demertzis, and Marcel Fratzscher joined Rana Foroohar to discuss the US-EU fiscal response to the COVID-19 pandemic.
On April 21, BWC member Catherine L. Mann (Citigroup) joined Jonathan Goldberg (Carbon Direct), Inosi Nyatta (Sullivan & Cromwell, LLP), and Edward Morse (Citigroup, moderator) to explore various issues within the world of energy finance, including how the market is evolving, how to define "green finance", and additional relevant policy issues.
Our guest is the eminent economist Paul Sheard, Research Fellow at the Harvard Kennedy School’s Mossavar-Rahmani Center, an expert in both monetary policy and the Japanese economy.