On the heels of Canadian Prime Minister Stephen Harper’s visit to the United States, Energy & Environment Program Associate Director Mihaela Carstei joins CTV to discuss the Keystone Pipeline project that would transport tar sands oil from Canada and the northern United States to refineries in the Gulf coast of Texas.
Nancy Birdsall, president of the Center for Global Development and a member of the Atlantic Council's Business and Economics Advisors Group, analyzed the responses of the IMF and World Bank to the financial crisis and the new challenges the institutions now face. In light of the G20’s recent mandate to expand their roles in the global recovery process, some experts question whether the IMF and World Bank have the capabilities to effectively meet the growing demands of the international community.
The call was part of the Mapping the Economic and Financial Future Series, a lecture series featuring high-level business leaders and economic policymakers from the U.S. and Europe hosted by the Atlantic Council’s Global Business and Economics Program. The discussion was moderated by Francis J. Kelly, a member of the Atlantic Council Board of Directors and the Managing Director and Head of Government Affairs, Americas, of Deutsche Bank.
The conversation with Birdsall addressed several key areas:
- Rethinking the governance structures of the IMF and World Bank
- Encouraging emerging nations such as China, India, and Brazil to be active in the policy-setting discussion
- Redistributing voting rights and representation to give small nations a greater voice
- Enhancing transparency in decision-making and resource allocation
Related Atlantic Council Economic Analysis:
- G20 Report: Renewing Globalization and Economic Growth
- Nancy Birdsall: Congressional Testimony on the Financial Crisis
- Tim Adams: Congressional Testimony on the G20
- G20 Report: Stimulus and Regulation Compromise Needed
Mapping the Economic and Financial Future Series:
- Tim Adams on China and the Global Economic Recovery
- EU Commissioner Charlie McCreevy: Regulating Financial Markets in Crisis
- Youssef Boutros Ghali Discusses IMF, Economic Crisis
- Josef Ackermann on the Global Economic and Financial Crisis
- Kroes Speaks on Economic Crisis
The Mapping the Economic and Financial Future Series is generously supported by Deutsche Bank.
Photo from Flickr user arvidbr under Creative Commons license.
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