In this lecture, CIGI Senior Fellow Paul Blustein discusses his latest book, Off Balance - a detailed account of the failings of international institutions in the global financial crisis that erupted in 2008. Based on interviews with scores of policy makers and on thousands of pages of confidential documents that have never been previously disclosed, the book focuses mainly on the International Monetary Fund and the Financial Stability Forum in the run-up to and early months of the crisis. Blustein exposes serious weaknesses in these and other institutions, which lead to sobering conclusions about the governability of the global economy.
Paul Blustein is a CIGI senior fellow. An award-winning journalist and author, he has written extensively about international economics, trade and financial crises. Prior to joining CIGI in 2010, Paul was a journalist-in-residence at the Brookings Institution, a staff writer for The Washington Post and the chief economic correspondent for The Wall Street Journal. Paul recently released his fifth book, Laid Low: Inside the Crisis That Overwhelmed Europe and the IMF, and he is currently working on a book about China and the global trading system, which will be published by CIGI in early 2019.