Divergent recoveries from COVID-19: How will emerging markets fare?

Caroline Atkinson (RockCreek; PIIE Executive Committee), Gita Gopinath (Chief Economist and Director of Research Department, International Monetary Fund) and Peter Orszag (CEO, Financial Advisory Lazard; PIIE Board Member)

Details

April 13, 2021 9:00 AM to 10:00 AM EDT
Virtual Event

Event Summary

The COVID-19-induced recession hit emerging markets and developing countries hard in 2020. Unlike the global financial crisis, GDP for this group of countries shrank, setting back the process of gradual convergence with advanced economies. Recovery to a pre-pandemic path is projected to be slow and difficult. How should these countries and the world respond to divergent recoveries and the prospect of faster than expected normalization in US monetary policy?

Joining this episode of Global Connections were:

HOST

  • Caroline Atkinson
    Senior Advisor, RockCreek; PIIE Executive Committee Member

GUESTS

  • Gita Gopinath
    Chief Economist and Director of Research Department, International Monetary Fund
  • Peter Orszag
    CEO, Financial Advisory Lazard; PIIE Board Member

ABOUT THIS SERIES

Join the conversation with the world's leading economic policymakers, business leaders, and experts as they discuss the challenges facing the global economic system. Caroline Atkinson, former White House deputy national security adviser and former head of global policy for Google, hosts this monthly virtual discussion series.