Tuesday, January 23, 2018

Economic forum starts today in Barbados

Top US author, economist to lead talks


on sabbatical in barbados: Dr C Fred Bergsten

Mark Fraser

 l Bridgetown 

Senior fellow and director emeritus of the Washingwton-based Peter­­son Institute Dr C Fred Berg­sten will be the lead speaker at the Caribbean Economic Forum ta­king place in Bridgetown, Barbados, today.

Bergsten has commenced a six-week sabbatical in the Caribbean country as a guest of the Central Bank of Barbados.

The Peterson Institute is a major research institution in the United States devoted to international economic issues, and des­cribed by international econo­-

mists as “the most influential think-tank on the planet”.

Governor of the Central Bank of Barbados Dr DeLisle Worrell noted the bank was honoured to have been chosen by Bergsten to spend a part of his sabbatical. 

During his visit, Bergsten will be involved in the Caribbean Economic Forum to be hosted by regional broadcaster Julian Rogers this morning at the Grande Salle, Tom Adams Financial Centre, in Bridgetown.

This discussion forum is the first of its kind in the region, the Barbados Central Bank said.

It will examine the economic prowess of emerging markets, reforming the international mon­e­ta­ry system, a strategy for the world economy in the 21st century and reform of the International Monetary Fund (IMF). 

Bergsten will also deliver lectures and seminars to graduate students of The University of the West Indies (UWI) Cave Hill campus, government officials, media representatives, policymakers and economists from Barbados and the rest of the Caribbean, and will participate in an interview with Governor Worrell, the bank said. 

Bergsten, 70, is a widely quoted think-tank economist and has authored, co-authored, edited or coedited 41 books on international economic issues, including Global Economics in Extraordinary Times: Essays in Honour of John Williamson (2012), and The Long-Term International Economic Position of the United States (2009), se­lected a “must read” by The Wash­­ington Post.

He recently retired from the Peterson Institute, of which he was the founding director in 1981.

In  a statement released by the Barbados Central Bank on February 14, he said: “I’ve spent 30 years of my life creating and developing the institute. I do want to get back to doing more research and wri­ting myself. And I want to make the transition when we’re in good shape and there’s a very strong foundation.”