Inclusive Policy Cooperation in the G20: Macroeconomic Spillovers Between Developed and Emerging Economies
Paola Subacchi, Research Director, International Economics, Chatham House
Paul van den Noord, Economist, Autonomy Capital; Associate Fellow, International Economics, Chatham House
Fatih Özatay, Professor, TOBB University of Economics and Technology; Director, TEPAV Finance Institute
Mina Toksoz, Associate Fellow, International Economics, Chatham House
Güven Sak, Director, TEPAV
Chair: Stephen Pickford, Senior Research Fellow, International Economics, Chatham House
This research workshop will focus on the spillover effects of macroeconomic policy decisions by developed economies on emerging economies. Emerging markets continue to grow in importance in the global economy, and interdependencies in global production chains point to the need for greater policy coordination amongst G20 countries.
Against the backdrop of the Turkish presidency of the G20 in 2015, the workshop will discuss the potential for cooperation in macroeconomic policies between developed and emerging economies within the G20. In particular, what is the impact of monetary policy decisions by the United States and other developed economies on other G20 economies, and on the global economy? Starting from an analysis of the post-crisis period, the workshop will discuss potential ways to increase cooperation on macroeconomic policies within a system of inclusive global governance.
The research workshop forms part of a joint project between Chatham House International Economics and the Economic Policy Research Foundation of Turkey (TEPAV). The final aim of this project is to engage with Turkey’s G20 team ahead of the presidency in 2015 to provide analysis and recommendations to steer and further advance Turkey’s G20 agenda on inclusive G20 governance.
The Foreign & Commonwealth Office has contributed to this event through the Global Prosperity Fund.
This meeting forms part of the project Towards Inclusive Policy Coordination: Turkey's G20 Presidency in 2015 (2014-2015).
Attendance is strictly by invitation only.
The Chatham House Rule
To enable as open a debate as possible, this event will be held under the Chatham House Rule.