Keynote Speakers:
Asli Demirguc-Kunt is the Chief Economist of the Financial and Private Sector Development Network and Senior Research Manager of Finance and Private Sector in the World Bank’s Development Economics Research Group. Dr. Demiguc-Kunt received her Ph.D. from The Ohio State University. She is the author of over 100 publications including the books Finance for All: Policies and Pitfalls in Expanding Access and Financial Structure and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development . She also maintains a well-respected blog for The World Bank. Her research has focused on the links between financial development and firm performance and economic development. Dr. Demiguc-Kunt spoke about regulatory reform and the role of the state; trade-offs between competition and stability; and preventing banks from becoming systemic.
Alan Greenspan was Chairman of the U.S. Federal Reserve Board for five consecutive terms from 1987 to 2006. He is a world-renowned economist and advisor to many U.S. presidents, including Richard Nixon, Ronald Reagan, George H.W. Bush, Bill Clinton, and George W. Bush. He holds honorary degrees from Harvard, Yale, Pennsylvania, Notre Dame, Leuven, and Edinburgh universities. He received the Legion of Honor from France, and became an honorary Knight Commander of the British Empire and received the Medal of Freedom, The United States’ highest civil award. Dr. Greenspan also heads Greenspan Associates, a consulting firm in Washington, D.C. and is the author of The Age of Turbulence. Dr. Greenspan shared his views on the unusual nature of the current U.S. economic recovery and how it differs from the European financial crisis.
Lemma W. Senbet, is the William E Mayer Chair Professor of Finance at the Smith School of the University of Marland, College Park and Director of the Center for Financial Policy. He is an influential member of the global community of finance scholars, having advised the World Bank, the International Monetary Fund, the United Nations, African Economic Research Consortium, and other international institutions on issues of financial sector reform and capital market development. Dr. Senbet analyzed the difficulties in adequately measuring true executive compensation and the controversial issue of companies that are “too big to fail”.
Plenary Symposium on the “Mortgage Policy Crisis”
Members included:
Robert A. Eisenbeis (Chair), Chief Monetary Economist, Cumberland Advisors
Joseph Tracy, Executive Vice President and Senior Advisor to the President at the Federal Reserve Bank of New York.
Alex Pollock, Resident fellow at the American Enterprise Institute of Public Policy Research.
Edward Pinto, Resident fellow at the American Enterprise Institute of Public Policy Research.
Peter J. Wallison, Co-director of American Enterprise Institute’s program on financial policy studies.
Pictured left to right: Drs. Pinto, Eisenbeis, Pollock, Tracy, Wallison, and Virgo.