ESMT Open Lecture with Malcolm D. Knight
A Proposal for G7/G20 Policy Coordination to Strengthen Global Productivity and Output Growth
The present juncture provides a unique opportunity for new initiatives of international cooperation, if focused on the right economic policies, to be the most productive of any time in the past half century. In this talk Dr Knight will discuss his proposal that the leaders of the G7 and G20 should adopt a specific set of internationally coordinated economic policies—a ‘blueprint’ to accelerate global productivity and per capita GDP growth. His talk will outline a proposed program of international economic policy coordination which, if implemented vigorously and consistently over the next decade, could sustainably strengthen productivity and output growth, thereby creating a historic “win-win” outcome not only for the G20 countries but throughout the world.
Thursday, March 30, 2017, 12:30 p.m.; registration starts at 12:00 p.m.
"A Proposal for G7/G20 Policy Coordination to Strengthen Global Productivity and Output Growth"
ESMT Berlin, Schlossplatz 1, 10178 Berlin
Speaker: Malcolm D. Knight, Deputy Chair, Board of Directors, Payments Canada, and Distinguished Fellow, Centre for International Governance Innovation
Moderator: Kevin P. Hoffmann, Head of Economics Desk, Der Tagesspiegel
About Malcolm D. Knight
Malcolm D. Knight served as General Manager of the Bank for International Settlements from 2003 to 2008. He is currently a Distinguished Fellow of the Centre for International Governance Innovation where he works on governance-related aspects of international macroeconomic policy cooperation and financial regulatory reform. He is also Deputy Chair of the Board of Directors of Payments Canada, which operates Canada’s national large value payments system and regulates retail payment and clearing operations; a Visiting Professor of Finance at the London School of Economics; and a member of the board of directors of the Global Risk Institute in Financial Services. From 2008 to 2012 Dr. Knight was Vice Chairman of Deutsche Bank Group, where his responsibilities included analytical work on regulatory reform and international financial stability. During 1999-2003 Dr. Knight was Senior Deputy Governor of the Bank of Canada, where he was the Bank’s chief operating officer and a member of the Board of Directors. From 1975 to 1999 he was with the IMF, where he successively held senior positions in both research and operations. Dr. Knight served as a trustee of the International Accounting Standards Committee Foundation and a member of the Financial Stability Forum (now the Financial Stability Board) during 2003-08. He holds an Honour BA in Political Science and Economics from the University of Toronto, and MSc (Econ) and PhD degrees in economics from the London School of Economics. He has published widely in the fields of macroeconomics, international finance and banking, and financial regulation.