Specialist conference
Details
Since the unfolding of the global financial crisis, the G-20 forum has played a major role in coordinating macroeconomic policies to revive the world economy. There have been initiatives such as the commitment towards fiscal consolidation plans in advanced countries enshrined in the G-20 Toronto Declaration and reiterated in the Leaders’ Declaration at the Seoul Summit, reform of international financial institutions and enhanced efforts at reduction of global economic imbalances. As the recovery of the world economy gains momentum, though at a pace which differs substantially across countries, the attention of the G-20 has shifted towards addressing the causes of the financial crisis.
In this context and in anticipation of the forthcoming G-20 summit to be held in November 2011 in Cannes, the third G-20 conference is organized in New Delhi addressing the following principal topics. These are
- Financial Sector Regulatory Reforms
- Indicative Guidelines for Reducing Global Imbalances
- The International Monetary System
- Capital Flows Volatility and Financial Safety Nets
- Development Agenda: The Way Forward
- Commodity Markets and Food Security
The conference focuses on bringing clarity to new areas of reform while continuing the dialogue on the still-pressing issues of stabilization and rebalancing thrown up by the economic crisis. The aim is to gather leading academicians and policymakers from different G-20 countries to discuss and debate the key reform proposals. It is hoped that the result of these deliberations would serve as useful policy inputs to the leaders participating in the Cannes Summit.