The opening panel debate ‘Global Finance: The Issues‘ will be chaired by Dr Noreena Hertz, CIBAM’s Associate Director and an expert on economic globalization. There will be a panel discussion on the long term prospects of global financial markets. The panel will include Chen Zhao, Managing Editor, Bank Credit Analyst, Dr Peter Warburton, Director, Economic Perspectives Ltd and Member of the Shadow Monetary Policy Committee and Jonathan Garner, Managing Director, Morgan Stanley. They will analyze the evolution of the Global Credit Cycle, and discuss whether the boom in emerging markets domestic demands are capable of both mitigating the downturn in the United States and keeping global economic growth at reasonable levels in the short to medium term.

Day two will cover discussion on ‘Global Finance and the future of private equity‘ and ‘Global Finance: credit crisis‘. Panelists and presenters will discuss quantitative fund management, credit ratings, in particular how the current environment is shaping rating agencies and whether private equity can still justify its role in the economy and society. In addition they will consider how the rise of China has inadvertently contributed to the world’s current economic crisis and why credit policy is now too important to be left to central bankers.

Commenting on the event, Dr Christos Pitelis, Director of CIBAM, said “The reasons behind the current problems in the financial markets, and to what extent private equity and securitization have contributed to these, are all issues that businesses, governments and civil services should to be aware of. We hope that the symposium will encourage dialogue and collaborative opportunities between representatives from these communities in dealing with the challenges presented by the ongoing turmoil in the world’s economic climate.”

Information about the event:
The CIBAM Global Business Symposium convenes twice a year at Cambridge. Key note speakers are invited to address the Symposium on a matter of topical interest chosen by the CIBAM Global Advisory Board.