Title: When will we ever learn? Has Malaysia learnt the correct lessons from past crises?
Date: Wednesday, 16 December 2009
Venue: Hotel Singgahsana, Persiaran Barat, off Jalan Sultan, 46760 Petaling Jaya (next to Taman Jaya LRT Station)
The world is still struggling to emerge from the longest and deepest financial crisis in six decades. For every piece of optimistic news about recovery there are stories of setbacks and worsening downturns. Asia has been here before. A decade ago, the Asian financial crisis swept across the region. It not only prompted some rethinking of how to 'manage' financial crises but also stimulated some serious rethinking about the character of the development model in Asia. Lessons were learnt and new policy and institutional frameworks were put into place. But the severity of the current crisis begs a question: did politicians and policymakers really learn the right lessons from ten years ago? This is the burning question that is addressed in Jomo's important public talk.
Jomo is one of the world's leading thinkers on questions of development -- not just development economics but also the policy commitments and institutional frameworks for international cooperation that are necessary to deliver both reform and sustainability. From his position at the United Nations he is able to shape debates and influence their outcomes. At the same time, he remains profoundly committed to building longstanding solutions to the most pressing problems that face the world today - environmental degradation and climate change, financial disorder and continuing uneven development. Come and listen to him offer important reflections on what has gone wrong and what might be done to advance a progressive agenda.