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Making Monetary and Fiscal Policy: Challenges and Rewards

On Wednesday, December 1, 2010, CED convened a forum entitled, “Making Monetary and Fiscal Policy: Challenges and Rewards” as part of the 25th Annual Conference of International Network of Private Business Organizations in New York, NY. Vice Chairman of the Federal Reserve Board, Janet Yellen [play part 1] [play part 2] delivered keynote remarks on fiscal responsibility, global rebalancing, and the challenge of achieving fiscal sustainability in the United States.

Her remarks were followed two panel discussions responding to her comments and analyzing the role of fiscal responsibility in global economic recovery from various perspectives. Gillian Tett [play video], US Managing Editor, Financial Times; CED Trustee Joe Kasputys [play video], Founder and Chairman, IHS Global Insight; Gonzalo Sánchez de Lozada [play video], former President of Bolivia; and Jean-Marc Daniel [play video], Editor of Societal, Institut de l’Entreprise focused on the impact of global imbalances on economic recovery.

The second panel explored the political considerations that will factor in to the balancing of the budget, and included Thomas Mann [play video], Senior Fellow, Governance Studies, The Brookings Institution;  James A. Thurber [play video], Distinguished Professor of Government, American University CED Trustee; Edouard Tetreau [play video], Partner, Mediafin; and Ingo Plöger [play video], President, Business Council of Latin America (CEAL), Brazil.