Low-Income Developing Countries Conference Session II:

IMF Seminar

imf seminars event

DATE: April 13, 2016

DAY: Wednesday

11:00 AM - 12:30 PM

LOCATION: George Washington University, Jack Morton Auditorium

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This high-level session of the LIC conference will discuss how public investment can be scaled up in an efficient manner in developing countries to boost short- and long-run growth without imperiling debt sustainability.


Low-Income Developing Countries: Conference on Sustainable Economic Development in a Challenging Global Environment


Session I : Inequality, Growth and Resilience

Session III: Economic Development and Stability: The Road Ahead for Developing countries and Key Implementation Challenges


Media Partners

Low-Income Developing Countries Conference Session II:

Scaling-Up Public Investment and Debt Sustainability

Also available in French.


Moderator: Mitsuhiro Furusawa


Mitsuhiro Furusawa assumed office as Deputy Managing Director of the International Monetary Fund on March 2, 2015. He joined the IMF after a distinguished career in the Japanese government, including several senior positions in the Ministry of Finance in recent years. Immediately before coming to the Fund, he served as Special Advisor to Japanese Prime Minister Shinzo Abe and Special Advisor to the Minister of Finance. Among his recent ministry postings, Mr. Furusawa served as Vice Minister of Finance for International Affairs (2013-2014), Director-General of the Financial Bureau (2012-2013), and Senior Deputy Director-General of the International Bureau (2009-2010). Mr. Furusawa’s overseas postings for the Japanese government have included IMF Executive Director (2010-2012), Minister (Finance) at the Embassy of Japan in the United States (2007-2009), and Counselor (Finance) at the Embassy of Japan in France (1997-1999). A 1979 graduate of the University of Tokyo with an LL.B. degree, Mr. Furusawa also graduated in 1983 from the École Nationale d’Administration in Paris.

(As of April 2016)

Paul Collier


Paul Collier is a Professor of Economics and Public Policy at the Blavatnik School of Government, University of Oxford; Co-Director of the Centre for the Study of African Economies; a Director of the International Growth Centre (IGC); a CEPR Research Fellow; and Professorial Fellow of St Antony’s College, Oxford. He was formerly the Senior Advisor to Tony Blair’s Commission on Africa, and was Director of the Development Research group at the World Bank for five years. He researches the causes and consequences of civil war; the effects of aid; and the problems of democracy in low-income and natural-resource-rich societies.

Graciela Kaminsky


Graciela Kaminsky is Professor of Economics and International Affairs at George Washington University and Research Associate at the NBER. She previously held positions as Assistant Professor at the University of California, San Diego and Staff Economist at the Board of Governors of the Federal Reserve System. She has been a Visiting Scholar at numerous government organizations and a consultant to international institutions, including the Inter-American Development Bank, the IMF, and the World Bank. She holds a Ph.D. in Economics from MIT. She has published widely in leading academic journals on a variety of topics in Macroeconomics and International Finance, including Financial Globalization, Financial Crises, Contagion, Credibility and Inflation Stabilization Policies.

Alamine Ousmane Mey


Alamine Ousmane Mey is Minister of Finance of Cameroon. Minister Mey was appointed in December 2011. Prior to his appointment, he was Director-General of Afriland First Bank, the second-largest bank in Cameroon.

Mr. Mey, who is a specialist in Risk Capital Lending and Leasing Operations, graduated as an Electrical Engineer from the Aachen Polytechnics University (Germany).

Gyan Chandra Acharya

Gyan Chandra

Gyan Chandra Acharya is UN Under- Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS). He has three decades of experience in the diplomatic service of Nepal. A strong advocate of the issues affecting LDCs, LLDCs and SIDS, Mr. Acharya has stressed that “LDC, LLDC and SIDS issues are livelihood issues of interest and concern to all, and as such they need urgent global attention and support to complement their national efforts”. He calls for a pro-active role of all the stakeholders in galvanizing international support in a spirit of global partnership and solidarity to make best use of the immense potentials that exist in these countries.

Ugo Panizza


Ugo Panizza is Professor of Economics and Pictet Chair at the Graduate Institute, Geneva. He is also the head of the Department of International Economics, the Deputy-Director of the Institute's Centre on Finance and Development, and a CEPR Research Fellow. Prior to joining the Institute, Ugo was the Chief of the Debt and Finance Analysis Unit at the United Nations Conference on Trade and Development (UNCTAD). He also worked at the Inter-American Development Bank and the World Bank and was an Assistant Professor of Economics at the American University of Beirut and the University of Turin. His research interests include international finance, sovereign debt, banking, and political economy. He holds a PhD in Economics from The Johns Hopkins University and a Laurea from the University of Turin.