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Capital Flow Cycles: Old and New Challenges
Friday, November 7, 2003, 2:00 p.m.–3:30 p.m.
IMF Auditorium (Enter via the IMF Center)
720 19th St. N.W., Washington, DC

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Transcript of the proceedings

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Private capital flows are a hallmark of the 21st Century global economy. When harnessed effectively, they can boost investment and spur productivity growth; when they dry up, growth can come to a jarring halt. The key concerns, then, are how capital flows and macroeconomic policy can interact to produce good and bad outcomes—and what innovative policy ideas at the international and national level are available to address them. The following panelists will discuss these issues:

Zanny Minton-Beddoes (Moderator)
Washington Correspondent
The Economist

Agustín Carstens
Deputy Managing Director

Jeffry Frieden
Department of Government
Harvard University

Peter Garber
Global Strategist
Deutsche Bank

Morris Goldstein
Senior Fellow
Institute for International Economics