Financial experts to explore global economies

Financier George Soros, chairman of Soros Fund Management LLC, will deliver the keynote address at a May 21 conference on Global Financial Crisis & Economic Development taking place at the Federal Reserve Bank of Chicago.

Sponsored by the University Department of Economics Chairman’s Council, the George J. Stigler Center for the Study of the Economy and the State at the University, and the Federal Reserve Bank of Chicago, the conference will include case studies of Thailand, Taiwan, Brazil and Argentina.

Scheduled presentations are “Crises and Meltdowns,” to be given by Robert Lucas Jr., the John Dewey Distinguished Service Professor in Economics; “The Role of Coordination Failure in Financial Crises,” to be given by David Marshall of the Federal Reserve Bank of Chicago; and “Did Short-term External Borrowing Cause the Asian Crisis?,” to be given by Raghuram Rajan, the Joseph L. Gidwitz Professor in the Graduate School of Business.

Gary Becker, University Professor in Economics and Sociology, will moderate a roundtable discussion on “Lessons for Financial Markets and Economic Development.”