In analyzing the financial crisis five years down the road, CIGI Research Fellow David Kempthorne notes that "the line between legality and morality [was] one of the key issues." This week, co-host David Welch chats with Kempthorne on key structural failures that lead to the 2008 financial crisis and the subsequent reaction from the international financial regulatory system. After providing background on the crisis, the conversation touches on the current state of U.S. and European financial systems, and considers the impact of the crisis on China. The role of the Financial Stability Board (FSB), International Monetary Fund (IMF) and the G20 in providing governance for the global financial system is also discussed.

Program
Join co-hosts David Welch, CIGI Chair of Global Security and Dr. Andrew Thompson for the fourth season of Inside the Issues — a weekly podcast series — as they share timely and candid discussions with global governance experts on issues related to the core areas of CIGI expertise: Global Economy, Global Security & Politics and International Law.
The opinions expressed in this article/multimedia are those of the author(s) and do not necessarily reflect the views of CIGI or its Board of Directors.