UNCTAD to discuss systemic weaknesses, imbalances in global economy

The United Nations Conference on Trade and Development (UNCTAD) will be deliberating on the current imbalances in the global economy at its annual Trade and Development Board meeting in Geneva, Switzerland from September 12-23, 2011.

According to UNCTAD, the panellists on the discussion table include Carlos Márcio Bicalho Cozendey, Secretary for International Affairs, Ministry of Finance, Brazil, Gilbert Terrier, Deputy Director, Western Hemisphere Department of the International Monetary Fund (IMF) and Sergio Chodos, Director, Central Bank of Argentina.

“On Monday, the high-level segment will focus on volatile capital flows and development… member States will deliberate on systemic weaknesses and imbalances in the global economy,” the Geneva-based UN think tank for trade and development related economic and monetary policies said in a press release copied to ghanabusinessnews.com September 10, 2011.

A special address will be given by UNCTAD Secretary-General Supachai Panitchpakdi, Pascal Lamy, Director-General of the World Trade Organization and the Minister of Economic Development of South Africa, Ebrahem Patel.

By Ekow Quandzie

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