T20 Ottawa Conference: Prioritizing International Monetary and Financial Cooperation

Sunday, May 3, 2015 - 12:00 AM
Ottawa, Canada
May 3

CIGI and TEPAV are co-hosting the Think20 (T20) conference in Ottawa from May 3-5th, 2015. The conference will focus on Turkey’s G20 Agenda in the fall of 2016, while prioritizing issues that include:

  • strengthening multilateral institutions
  • enhancing special drawing rights in a reformed monetary system
  • emerging countries’ role in the G20
  • global macroeconomic imbalances and macroprudential regulation
  • managing severe sovereign debt crises
  • structural financial reforms on global finance
  • environmental and sustainability risks through financial regulatory reforms

Turkey’s G20 agenda builds on the previous Australian presidency while also expanding the G20’s reach, attempting to make the forum more relevant for the rest of the world. This year’s presidency is focused on three “i’s”: implementation, investment, and inclusiveness. The first two build on previous accomplishments. Implementation aims to ensure that the G20 follows through on its previous commitments, including the growth strategies in the Brisbane Action Plan and financial regulatory reforms. Investment supports progress made during the Australian presidency on the G20’s infrastructure agenda and seeks to expand on it by establishing country-specific investment strategies. Inclusiveness is the attempt to leave a legacy in the G20 process; it focuses on ensuring that global growth benefits for marginalized groups are included in the G20’s conversations, including low-income developing countries, small and medium-sized enterprises, and youth. Against this backdrop, the T20 Ottawa Conference shall discuss whether Turkey’s G20 agenda is sufficiently ambitious while being realistic.

CIGI Participants include:

Rohinton Medhora

Domenico Lombardi

James Boughton

Paul Jenkins

Malcolm Knight

Olaf Weber

Barry Carin

 

Event Speakers

Rohinton P. Medhora is president of the Centre for International Governance Innovation and a member of the Commission on Global Economic Transformation, an initiative co-chaired by Nobel economics laureates Michael Spence and Joseph Stiglitz.

Domenico Lombardi is the former director of the Global Economy Program and a former member of the executive management committee at the Centre for International Governance Innovation (CIGI). He serves on the advisory boards of the Peterson Institute for International Economics and the Bretton Woods Committee in Washington, and is a member of the Steering Committee of the Asian Economic Panel.

James M. Boughton is a CIGI senior fellow. James’s research focuses on the evolution of Canada’s role in international governance since the 1940s and the potential for further evolution in the near future.

Paul Jenkins is a CIGI distinguished fellow. He contributes expertise on international policy coordination and financial stability, with a particular interest in the Group of Twenty. Previously he served as senior deputy governor of the Bank of Canada.

Malcolm D. Knight is a CIGI Distinguished Fellow. He is also deputy chair of the board of directors of Payments Canada, visiting professor of finance at the London School of Economics and a director of the Global Risk Institute in Financial Services.

Barry Carin is a CIGI Senior Fellow. He has served in a number of senior official positions in the Government of Canada and played an instrumental role in developing the initial arguments for the G20 and a leader’s level G20. Barry brings institutional knowledge and experience to his research at CIGI on the G20, international development, energy and climate change.

Olaf Weber is a CIGI senior fellow and an expert on sustainability and the banking sector. He is currently a professor in the School of Environment, Enterprise and Development at the University of Waterloo and a University of Waterloo Research Chair in Sustainable Finance.