Mervyn King on the Global Financial Crisis

Mervyn King, The Rt. Hon. The Lord King of Lothbury KG GBE, Former Governor of the Bank of England

The global financial crisis fostered a rare unity of purpose in the US and UK—as policymakers, central bankers, and economists scrambled to preserve the viability of the international financial system. While the US and UK appear well down the path to recovery, the lingering effects of the crisis—debt, slow growth, and unemployment—threaten to become the new normal for much of Europe and the developed world. With the immediate panic subsided, has the impetus for governments to pursue wider reforms receded? Are we returning to an age of complacency and too-big-to-fail? Do the structural flaws and imbalances that precipitated the last crisis contain the seeds of the next? Join The Chicago Council on Global Affairs and Lord King, governor of the Bank of England in the depths of the crisis, for a discussion on the global financial crisis and the lessons for today’s global economy.

Speaker Bio

Schedule

5:30 p.m.             Registration and cash bar reception
6:00 p.m.             Presentation and discussion
7:15 p.m.             Adjournment
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