Financial System Reforms: The implications for non-G20 countries
Dr Paola Subacchi, Research Director, International Economics, Chatham House
Professor Alan Winters, Chief Economist, Department for International Development
Sony Kapoor, Managing Director at Re-Define
Dr Keith Jefferis, former Deputy Governor, Bank of Botswana and Founder and Managing Director of Econsult
In the current debate on the restructuring of the regulatory architecture of the global financial system, relatively little is being heard about the impact of these global reforms on developing countries and still less about how the reforms will accommodate the interests of developing countries in the future.
These issues matter deeply to developing countries contending with the effects of the global downturn. Chatham House, with support from the Department for International Development, is presenting a breakfast discussion to explore what the G20 proposals might mean for non-G20 countries and how best to ensure that these countries have a seat at the table. The discussion will explore how:
- capital flows remain accessible and affordable to those countries that need them
- the interests of non-G20 countries are adequately represented in the decision making fora that oversee the global financial system
- regulators have access to technical support to deal with the complexities of supervising cross-border financial institutions, macro-prudential supervision, or reforms to Basel 2
- citizens of developing countries are able to benefit from greater levels of access to financial services in the future
The meeting will take place immediately before Chatham House's conference - Global Financial Regulation: the Emerging Landscape and is strictly by invitation only.
This meeting is jointly organized with the UK Department for International Development (DFID).
For more information please contact Emily Blott.