IMF Global Economic Outlook
A Luncheon Presentation by OLIVIER BLANCHARD, Economic Counselor and Director of Research Department, International Monetary Fund
In its world economic update report released in January, the International Monetary Fund upgraded its 2010 outlook, noting renewed signs that the global slump was bottoming out. However, Europe's sovereign-debt crisis has cast a shadow over the global economic outlook. Will Europe's debt crisis spin out of control? What are the prospects for a global recovery? Can Asian economies lead the way? Is it the right time for governments to begin implementing clear and coordinated exit strategies?
Olivier Blanchard is Economic Counselor and Director of the Research Department at the International Monetary Fund. He is currently on leave from the Massachusetts Institute of Technology, where he is the Class of 1941 Professor of Economics. Prior to MIT, Blanchard taught at Harvard University. A macroeconomist, he has worked on a wide set of issues, including the role of monetary policy and the nature of speculative bubbles, and has collaborated with numerous countries and international organizations. He is the author of many books and articles, including two textbooks in macroeconomics, one co-authored with Stanley Fischer. Blanchard obtained his Ph.D in economics at the Massachusetts Institute of Technology.