Waterloo, Canada — May 5, 2014 – Adam Posen, president of Washington, D.C.’s Peterson Institute for International Economics, will discuss the global economy’s return to a late 19th-century model following the financial crisis, in the next Signature Lecture at the Centre for International Governance Innovation (CIGI).

“The Old Normal for the World Economy” will take place from 7-9 p.m. on Tuesday, May 6, 2014.

Posen will discuss the global economy’s return to a world where globalization continues but is less rules-based than its US hegemony. He will explain how this is a world in which poor countries are likely to continue to catch up with the rich, while richer countries are likely to grow more slowly.

Following his lecture, Posen will be joined in discussion by Domenico Lombardi, director of CIGI’s Global Economy Program.

CIGI invites media to cover this free public lecture. Members of the media can register in advance by emailing Declan Kelly, CIGI communications specialist, at [email protected]. Members of the public who want to attend in person can find more information, including how to register, by visiting: http://www.cigionline.org/events/old-normal-world-economy. Those who are not in Waterloo or who want to watch the lecture from home can view the live-webcast at no cost by visiting the same link for registration.

Adam Posen
is president of the Peterson Institute for International Economics, Washington’s leading non-partisan think tank on globalization. An expert on macroeconomic policy, he is an adviser to the US Congressional Budget Office and has consulted for the Bank of England, Federal Reserve, European Central Bank, IMF, and other central banks. He is the author or co-author of six books, and writes regularly for the Financial Times.

Domenico Lombardi (discussant) is director of CIGI's Global Economy program. Lombardi is a member of the Financial Times Forum of Economists and editor of the World Economics Journal. Formerly, he was a senior scholar at the Brookings institution and an executive board member of the International Monetary Fund and the World Bank.

Public Event:                                                        

CIGI Signature Lecture - “The Old Normal for the World Economy” featuring Adam Posen with discussant Domenico Lombardi

Date: Tuesday, May 6, 2014                                                            

Time: 7-9 p.m.

The CIGI Campus Auditorium
67 Erb St. West, Waterloo, Ontario, Canada

Declan Kelly, Communications Specialist, CIGI
Tel: 519.885.2444, ext. 7256, Email: dkel[email protected]  

The Centre for International Governance Innovation (CIGI) is an independent, non-partisan think tank on international governance. Led by experienced practitioners and distinguished academics, CIGI supports research, forms networks, advances policy debate and generates ideas for multilateral governance improvements. Conducting an active agenda of research, events and publications, CIGI’s interdisciplinary work includes collaboration with policy, business and academic communities around the world. CIGI was founded in 2001 by Jim Balsillie, then co-CEO of Research In Motion (BlackBerry), and collaborates with and gratefully acknowledges support from a number of strategic partners, in particular the Government of Canada and the Government of Ontario. For more information, please visit www.cigionline.org.

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