Inaugural SOAS Central Banking Lecture (2018) | SOAS University of London
Channel: SOAS University of London
Date: 11/12/2018

The Inaugural SOAS Central Banking Lecture: Essential Reforms for a Sound 21st Century International Monetary System was given by José Antonio Ocampo (Banco de la República, Colombia & Columbia University), Stephany Griffith-Jones (Columbia University) and Ulrich Volz (SOAS) at the Department of Economics, SOAS University of London on 5 November 2018. Find out more: http://bit.ly/2zSkbZD

The inaugural SOAS Central Banking Lecture will be delivered by Professor José Antonio Ocampo. The SOAS Central Banking Lectures have been established by the SOAS Department of Economics to provide a forum for distinguished scholars and practitioners to address topics of broad interest in the areas of central banking and international monetary and financial policy.

The lecture will scrutinise the need for and the challenges of reforming the international monetary system. The 2007-09 global financial crisis, as the emerging market crises of the late twentieth century, show that the ad hoc international monetary system that evolved out of the crisis of the Bretton Woods arrangements in the early 1970s needs fundamental reforms. This lecture, based on José Antonio Ocampo’s recent book, Resetting the International Monetary (Non)System, will analyse the areas in need of fundamental reform: the global reserve system, macroeconomic policy cooperation, prevention and management of balance of payments crises, and governance of the system. Professor Ocampo’s lecture will be followed by comments by Stephany Griffith-Jones (Columbia University) and Ulrich Volz (SOAS).