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Exclusive Representation
JOHN LIPSKY
IMF's First Deputy Managing Director,
2006-2011
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What is at Stake for the Global Economy? John Lipsky’s leadership at the International Monetary Fund informs a unique perspective on the unprecedented challenges facing the global economy—and on the unprecedented efforts underway to confront them. He discusses the prospects for successful international cooperation, and the risks to the economy and to financial markets that would result from failure.
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After just joining HWA late last month, John Lipsky has already been scheduled for many engagements including Commonfund, a major investment forum in Cincinnati, OH next week, and a leading financial services institution in Asia next month.
John Lipsky’s tenure at the IMF coincided with the onset of the greatest economic and financial challenges faced yet by the rapidly globalizing world. Having served as the IMF’s First Deputy Managing Director between 2006-2011, as well as Acting Managing Director from May-July 2011, Lipsky helped to lead the IMF’s efforts to halt the global downturn and reestablish economic and financial stability and restart growth through unprecedented international policy cooperation in the face of historic market upheavals and systemic disruption. Over the course of his distinguished career in both the private and public sectors, he has earned the credentials that give him the respect of leaders from both sectors around the world. Lipsky offers a unique insight into how economic policy is being negotiated and implemented today, in the face of new challenges and the global realities of shifting relative power in both economic and political arenas.
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Watch Lipsky's speech, "Global Recovery and Global
Cooperation: The Challenges Ahead," presented at the Peterson Institute for International Economics on May 19, 2011. View video...
John Lipsky addresses the main takeaways from the 2011 World Bank-IMF Spring Meetings. Watch interview...
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A Respected Leader at the IMF Calming Turbulent Waters
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Deeply involved in the IMF’s efforts to help quell the current European crisis, Lipsky led the IMF delegation at the 37th G8 summit held in May 2011 in Deauville, France. As Acting Managing Director, Lipsky represented the Fund at critical meetings of Eurozone Finance Ministers, and pushed hard for stronger action to halt the downward spiral, to restart growth and to implement important reforms. His strong stance and steadfast leadership during this period was noted widely at the time in publications like The Economist.
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