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Session 21: Challenges To The Global Economy
Our distinguished speaker will discuss current and future challenges to the global economy, such as the food-fuel debate, the risk of higher global inflation, aging populations, and financial stability. Hear how global institutions like the IMF are poised to meet these challenges head on.
Speaker Materials
Speakers
Gene Huang
FedEx Corporation
Gene Huang is Chief Economist for FedEx and a Managing Director of the company’s Economic and Industry Analysis Group. He is responsible for forecasting global economic and financial conditions. Gene tracks and monitors all industries served by FedEx.
Gene is a member of the Blue Chip Consensus Panel, which provides the economic consensus used by policy makers as well as the business community, the Wall Street Journal Economic Panel and BusinessWeek Magazine’s Business Outlook Panel. In 2002, Gene was profiled in BusinessWeek as its“Most Accurate Forecaster”. He credits his forecasting success to the “front row seat” that FedEx provides him in global Supply Chain Management. Gene is a member of the Board of Directors of the National Association for Business Economics (NABE).
Gene began his corporate career in 1987 with a Wall Street money management firm. Since then he has worked for some of the largest industrial corporations and most prestigious research institutions in the U.S. and Japan, including Eaton Corporation, General Motors Corporation, ICSEAD in Japan, and Wharton School’s Economic Research Unit.
Gene received his M.A. from Yale University and his Ph.D. from the University of Pennsylvania. He also holds a law degree from Fudan University in Shanghai.
He is the author of two books in business economics and many articles published in U.S., Japanese, and European economic and policy journals. Gene is frequently interviewed by leading news journals in the U.S. and has made appearances on Bloomberg TV as an economic commentator. He has also occasionally served in an advisory capacity to U.S. Federal Government agencies and international organizations.
John Lipsky
International Monetary Fund
John Lipsky assumed the position of First Deputy Managing Director of the International Monetary Fund on September 1, 2006.
Before coming to the Fund, Mr. Lipsky was Vice Chairman of the JPMorgan Investment Bank. In this position, he advised the firm's principal market risk takers, published independent research on the principal forces shaping global financial markets, was actively engaged with JPMorgan's key clients, and represented the firm around the world with senior public and financial sector decision makers.
Previously, Mr. Lipsky served as JPMorgan's Chief Economist, and as Chase Manhattan Bank's Chief Economist and Director of Research. He served as Chief Economist of Salomon Brothers, Inc. from 1992 until 1997. From 1989 to 1992, Mr. Lipsky was based in London, where he directed Salomon Brothers' European Economic and Market Analysis Group.
Before joining Salomon Brothers in 1984, he spent a decade at the IMF, where he helped manage the Fund's exchange rate surveillance procedure and analyzed developments in international capital market. He also participated in negotiations with several member countries and served as the Fund's Resident Representative in Chile during 1978-80.
In 2000, he chaired a Financial Sector Review Group, established by former Managing Director Horst Köhler, to provide the IMF with an independent perspective on the Fund's work on international financial markets.
Mr. Lipsky's current professional activities include serving on the Board of Directors of the National Bureau of Economic Research. Prior to joining the IMF as First Deputy Managing Director, Mr. Lipsky served as a Director of several corporations and non-profit organizations.
A graduate of Wesleyan University, Mr. Lipsky earned a bachelors degree in economics. Subsequently, he was awarded an M.A. and a Ph.D. in economics from Stanford University.
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