Event Date: April 7, 2016 - 12:00am to 1:30pm
Location: Social Sciences Building, 120 University Pvt., room 4006
ILENE GRABEL, University of Denver
Presented by the CIPS and the International Political Economy Network.
Free. In English. Registration is not required. Seating is limited and available on a first come, first served basis.
The global crisis of 2008 generated decentralization of the developing world’s financial governance architecture. I understand this state of affairs via the concept of “productive incoherence.” Drawing on Albert Hirschman, I argue that the absence of an encompassing theoretical blueprint for a new economic system is in fact a vitally important virtue rather than a weakness. The real test of this new architecture, however, will be in how it fares in the context of growing financial turbulence, which could very well induce the next crisis.
Ilene Grabel is Professor at the Josef Korbel School of International Studies at the University of Denver. She has worked as a consultant to the International Poverty Centre for Inclusive Growth, UNCTAD/G-24, UNU/WIDER, and UNDP. Grabel is a co-editor of the Review of International Political Economy (RIPE). She has published widely on financial policy and crises, developmental financial architectures, international financial institutions, and international capital flows.
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