How can the Fund be more effective in dealing with global financial instability? It's an honor to moderate a panel, so commit to making it as interesting, interactive and enriching as any good talk show host would!
Certainly, the days when the Fund had a big power behind it and was speaking to small countries, this is over. Did the surveys show whether the self-represented litigants used any of the court services currently available to them?
The topic this afternoon is the role and governance of the IMF. And they are focusing on solvency when the problem is a global financial panic. They just do not have the funding to provide lawyers for everyone who needs one and is qualified.
What about New Mexico.
It's a club, and de facto they follow the consensus Script for panel discussion the club, and the consensus can be quite precise in the recommendation, and that recommendation can be followed through, but they prefer to deal with an ectoplasm than with a formal institution.
Raise your hand if you would have taken action. It assembles a very heterogeneous group of institutions and yet it has become the core group which actually drives the agenda.
And it was natural to have the kind of organization that the Fund then was. Jean's comment that countries prefer to work with the FSF because that doesn't involve any transfer of sovereignty is an important insight, that may explain why big countries, in particular, don't support the Fund as much as they should.
So Louise, since you're the expert here in international law, how would you have approached the situation? I will try to answer all four of the questions you posed, some of them very briefly. Two questioners raised the question of whether this crisis is, at its core, a result of a failure of exchange rate adjustment in the case of the United States-Chinese exchange rate, or a case of U.
And I'll ask him to come in after we've heard from the other three panelists.
And as everybody in the room will know, he was for 7 or 8 years the First Deputy Manager Director of the IMF, including during the entire period of the Asian crisis.
For our own good. Once we are through with that, then I think you begin to look at various loci of decision-making within the institution. The markets, after all, are the predominant determinants of exchange rates.
Obviously, it is both, to some degree. Now, the Fund, as an organization of governments, but predominantly, I suppose, influenced by finance ministries, has much less direct authority on the way in which financial interactions develop amongst countries.
If I keep objecting to his or her questions and statements the case will go nowhere, but I have an obligation to represent my client.
Because ownership at a time like this is fundamentally important. Integration of financial systems and the complexities of new financial instruments seem to have made financial stability more fragile and meanwhile fundamental changes have taken place in the distribution of economic power across countries.
Then the role of confidential adviser was very important because it meant that you also got access to all this information. I don't know the answer to this question, but it certainly is a question worth asking, whether, in fact, this is an issue. It was our problem, it was our crises, we didn't have the rules, but I think this time around we have the rules and regulations and supervision in most emerging markets.
When we chose the topic some months ago, it seemed topical.script for a panel discussion Note: The above Script was prepared by John Greacen, Director of the New Mexico Administrative Office of the Courts, for the New Mexico Conference on Pro Se, presented in.
Transcript of a Panel Discussion on the Role and Governance of the IMF: Further Reflections on Reform - The Per Jacobsson Foundation. October 12, Panel Moderator Checklist: Meeting with Panelists Prior to Panel Discussions The Anatomy of a Powerful Panel Discussion Kristin Arnold, professional panel moderator and high stakes meeting facilitator, shares her best practices for interactive, interesting, and engaging panel presentations.
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I suggest you write out your talking points and/or script your welcome and introductions. Practice them so you are comfortable enough with the content and won’t have. The panel discussion was invented by someone who liked to sit three feet above his audience, talk with five of his closest friends for an hour, and barely acknowledge that there are other.
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