Global Financial Stability: What’s at Stake?
The Covid-19 pandemic has resulted in a severe global economic crisis. While the current situation in Europe and the United States is different, in an effort to jump-start their economies both the EU and the U.S. are in the process of adopting ambitious stimulus packages.
The NextGeneration EU recovery plan is in the process of being ratified by the national parliament of each EU member state. In the U.S., the Biden-Harris administration has proposed major spending programs in the form of the American Jobs Plan and the American Families Plan.
Join the ACG and the Hanns-Seidel-Stiftung for a discussion about the state of the economy in Europe and the U.S. as we begin to emerge from the pandemic. Can Europe and the U.S. afford this level of spending? Is it sustainable in the short- to mid-term? Should we be concerned about inflation?
ACG Chairman Ambassador John B. Emerson and Chairman of the Hanns-Seidel-Stiftung Markus Ferber will discuss these questions and more with economist Megan E. Greene.