talks on IMF dilemmas and security in China
A senior official of the International Monetary Fund (IMF) and an expert on Chinese security will visit the campus this week as guests of the Yale Center for the Study of Globalization.
Both will present talks that are free and open to the public.
Anne O. Krueger, the first deputy managing director of the IMF, will give a public lecture titled "Dilemmas in IMF Policy Design" on Wednesday, March 26, at 4:30 p.m. in the lecture hall of Sterling Memorial Library (Wall Street entrance).
Krueger is the second highest ranking official of the IMF and the first woman to hold a senior management role in that institution. She has been at the forefront of the IMF's dealings with Argentina and Brazil. The IMF's denial of additional funds to Argentina marked a break from the past practice of accommodating countries -- particularly large ones -- whether or not they had fully implemented prescribed economic reforms. This move answered critics who claimed that the fund encouraged bad practices by shielding countries from the consequences of their economic policies but was controversial because of its impact on Argentina.
Krueger helped craft a package of support for Brazil in the politically charged atmosphere leading up to the country's recent election. She also was involved in the IMF's negotiations with Turkey that played a role in the recent vote of the Turkish Parliament to reject stationing American troops there in preparation for a war with Iraq. She instituted a significant reform of the international financial system by developing a mechanism for restructuring sovereign debt -- effectively an international bankruptcy court -- that could help countries emerge from financial crises in a more orderly way.
Before her IMF appointment, Krueger taught economics at Stanford University and was director of its Center for Research on Economic Development and Policy Reform. A past president of the American Economic Association and former vice president for economics and research at the World Bank, she has published extensively on policy reform in developing countries, the role of multilateral institutions in the international economy and the political economy of trade policy.
Michael Yahuda, professor of international relations at the London School of Economics and an expert on Chinese security, will present a lecture on "China's New Concept of Cooperative Security" on Thursday, March 27.
His talk will begin at 4:30 p.m. in Rm. 202 of Luce Hall, 34 Hillhouse Ave.
In his talk, Yahuda will address the question of how China is playing its role as a major world power while caring for its own immediate security concerns. He will also discuss the Chinese perspective on Iraq and North Korea.
Yahuda's scholarly interests include the political and military policies of China, Taiwan and East Asia.
The Yale Center for the Study of Globalization is devoted to examining the impact of the increasingly integrated world on individuals, communities and nations. For more information on the lectures or the center, call (203) 432-1900 or e-mail globalization@yale.edu.
T H I S
IMF official
Expert on Chinese security
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