Rebuilding the Global Economy: Role of the US Treasury Department

Lawrence H. Summers (Harvard University), Maurice Obstfeld (PIIE) and Peter Blair Henry (Leonard N. Stern School of Business)


November 10, 2020 1:00 PM to 2:00 PM EST
Virtual Event

Event Summary

As part of PIIE's new series, Rebuilding the Global Economy, Lawrence H. Summers and Maurice Obstfeld discussed their policy memos to the secretary and the under secretary of the US Treasury, respectively. Peter Blair Henry from the Leonard N. Stern School of Business joined the discussion.


Lawrence H. Summers was the US Treasury secretary from 1999 to 2001. He is the Charles W. Eliot University Professor at Harvard University and vice chair of the PIIE board of directors.  Maurice Obstfeld was former chief economist of the International Monetary Fund from 2015 to 2018. He is the Class of 1958 Professor of Economics at the University of California, Berkeley, and PIIE nonresident senior fellow. Peter Blair Henry is dean emeritus and the William R. Berkley Professor of Economics and Finance at the Leonard N. Stern School of Business.



Rebuilding the Global Economy, launched by the Peterson Institute for International Economics (PIIE) in October 2020, is a series that lays out for policymakers heading into 2021 what needs to be repaired by defining critical and practical priorities, and offering credible solutions. These PIIE-led proposals will take the form of memoranda to policymakers and policy briefs, accompanied by data visualizations, blogs, videos, and virtual events with experts. The virtual discussions will outline a multi-faceted set of policy responses to achieve sustainable, inclusive economic growth and improve human welfare.