Oct

23

2024

23

Oct

2024

Rayburn House Office Building, Room 2253

Event: Debt, Climate and International Financial Institutions (IFIs) from a Global South Perspective

Rayburn House Office Building, Room 2253

45 Independence Ave SW, Washington, DC 20515

Oct 23, 2024

9:30 AM - 10:30 AM (GMT-5)

 

The Center for Economic and Policy Research, ActionAid USA, Action Corps, Initiative for Policy Dialogue, Oxfam America, and Partners in Health organized this important panel discussion on Capitol Hill.

The challenges facing the Global South are unprecedented — a vicious cycle of debt, climate change, and development challenges which threatens the future of the world’s majority. Yet the existing global economic architecture is woefully unprepared to confront this poly-crisis.

As the annual meetings of the World Bank and International Monetary Fund convened just down the street, leading economists and experts discussed:

How do the twin crises of debt and climate impact the nations of the Global South? How are these challenges exacerbated by the status quo policies of the major International Financial Institutions? What alternatives are available to support Southern economies in the short term, and to build a more effective, just global economic architecture in the future? And what role might US policymakers play in realizing this much-needed transformation that is essential for the planet and humanity?

Moderator: Niranjali Amerasinghe | Executive Director, ActionAid USA

Panelists:

  • Andrés Arauz | Senior Research Fellow, Center for Economic and Policy Research
  • Pepukaye Bardouille | Director, Bridgetown Initiative
  • Martín Guzmán |  Professor, School of International and Public Affairs at Columbia University
  • Iyabo Masha | Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24)
  • Mark Weisbrot | Co-Director, Center for Economic and Policy Research

Concluding Remarks by: 

  • Alex Main | Director of International Policy, Center for Economic and Policy Research

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