CBB-UNCTAD to shed light on global financial stalemate

Under the patronage of the Central Bank of Bahrain, the United Nations Conference on Trade and Development (UNCTAD) will organize a workshop entitled “ The Global Financial and Economic Crisis: What Next?” , which will take place on 11-12 January 2012 at the Ritz Carlton Hotel in Manama. The workshop will be attended by senior economists and policy makers from the Kingdom of Bahrain as well economists from financial institutions in the region.

The Keynote Statement at the workshop will be delivered by the Governor of the Central Bank of Bahrain Rasheed Al Maraj. Senior economists from UNCTAD will deliver presentations on the global crisis from UNCTAD’s perspective. The UNCTAD experts are led by the Director of the Globalisation and Development Strategies Division, Dr. Heiner Flassbeck, who is also the former Deputy Minister of Finance of Germany.

Dr. Flassbeck will also deliver a Public Lecture in the afternoon of January 11th entitled “The future of the Eurozone.”

The workshop presentations will cover different aspects of the global financial and economic crisis, including global imbalances, the financialisation of commodity markets, sovereign debt issues and financial sector regulation.
UNCTAD was established as part of the United Nations General Assembly in 1964 and is the main body of the UN specialized in trade and development issues. There are 193 member states of UNCTAD, while a number of international inter-governmental and non-governmental organizations and civil society representatives also participate in UNCTAD’s work as observers.