Launch of the Center on Global Economic Governance
On Thursday, April 26, 2012, Columbia University’s School of International and Public Affairs launched its new Center on Global Economic Governance (CGEG). The event featured a keynote address by Alan Krueger, Chairman of the White House Council of Economic Advisers, followed by a panel discussion on the European crisis.
Columbia University Provost John H. Coatsworth opened the launch of CGEG, an idea which was born under his tenure as Dean of SIPA in 2008.
"The global economic crisis made us all painfully aware of the need to understand global economic policy," he said.
The Director of the new center, SIPA Professor Jan Svejnar explained CGEG’s mission:
"We envision CGEG producing a new wave of policy recommendations on global economic issues, stressing excellence and impact," he said.
Svejnar then introduced his former student, Alan Krueger, and his keynote address, “Reversing the Middle-Class Jobs Deficit.” Krueger outlined President’s Obama’s plans and economic policies to revive the middle class.
"The middle class jobs deficit is both cyclical and structural," he said. "Reversing the middle class jobs deficit requires playing both good defense and good offense. Both are necessary.
Defense means that we as a nation want to hold on to and promote as many good jobs as possible. Offense means we want to provide opportunity for new companies and training for workers to meet the demands of the modern workforce.”
Watch Krueger’s full address above, or read more about the speech on:
- CNNMoney.com: White House: Middle Class Jobs are Trickling Back
- Whitehouse.gov: Chairman Alan Krueger Discusses Reversing the Middle-Class Jobs Deficit
After Krueger’s remarks, SIPA Interim Dean Robert Lieberman introduced the panel, "Will Europe Derail the World Economy?" as the first of many such global economic policy conservations stemming out of CGEG.
"This is the kind of discussion which we think can only happen at a place like Columbia and SIPA," Lieberman said.
"There’s no such thing as national or local public policy anymore. The challenges that the United States faces are deeply interconnected with things that happen elsewhere in the world. It’s to that new kind of challenge to which SIPA and our new Center for Global Economic Governance are devoted."
Watch the panel discussion above, moderated by Kathleen Hays of Bloomberg Radio and featuring SIPA Professors Guillermo Calvo, Merit E. Janow, Sharyn O’Halloran, Jeffrey Sachs and Svejanar.
This event was also live-tweeted. For highlights and notable quotes from both Krueger’s speech and the panel, click here:
- Michelle Chahine