Book launch and discussion: "The End of Laissez Faire: How to Globalize Governance of the World Financial System"

Wednesday, November 5, 2008 12:30 PM EST (UTC–05:00)
Nov
5

CIGI and Chatham House book launch and roundtable discussion.

This event will begin with insights from the authors of a new book, Emerging Powers in Global Governance: Lessons from the Heiligendamm Process (CIGI-WLUP, 2008) , which recognizes the centrality of emerging powers and pushes for their inclusion in discussions on the new global architecture.

Meanwhile, the spread of toxic 'Frankenstein' products through global markets has precipitated a major crisis and uncovered significant and large-scale regulatory and risk management failures. This has prompted many to claim that "laissez-faire is over".

This recognition presents regulators and international institutions with an unprecedented opportunity for reform, to review the systemic shortcomings of the current architecture and devise a new model of governance suitable for today's global economic realities. The results of this brainstorming roundtable should feed into the G8 agenda in 2009.

This event is strictly by invitation only.

Welcome and Introduction
Paola Subacchi, Research Director, International Economics, Chatham House

Emerging Powers in Global Governance: Lessons from theHeiligendamm Process
Andrew Cooper, Associate Director, CIGI
Gregory Chin, Senior Fellow, CIGI

How to globalize governance of the world financial system?
Chair: Paola Subacchi, Research Director, International Economics, Chatham House
Discussants:
Jon Cunliffe, Prime Minister’s Adviser on International and EuropeanPolicy, Cabinet Office
Paolo Guerrieri, Vice President, Istituto Affari Internazionali (IAI), Rome
Barbara Ridpath, Chief Executive Officer, The International Centre for FinancialRegulation

General discussion

Concluding remarks