Ibru to speak at IMF high-level seminar on African finance in March
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The seminar which has been scheduled to hold between March 4 and 5 in Tunisia is being organized by the IMF Institute under the auspices of the Joint Africa Institute and supported by the United Kingdom’s Department for International Development (DFID).
Despite achieving macroeconomic stability in recent years, many countries in sub-Saharan Africa are still struggling to maintain a sustained economic growth path fostering economic development and poverty reduction.
The consensus in academic as well as policy circles is that strong institutions are a necessary condition for sustainable growth.
Many have argued that, among the large array of institutions that foster growth, a well functioning financial system is a sine qua non for development.
The financial sector facilitates market exchange, mobilizes and pools savings, allocates capital efficiently and makes risk management possible.
The starting question of this high level seminar is: to what extent does the financial sector in Africa play these roles? And how can the efficiency of this institution be improved so that they can play a more active role in economic development? The seminar will allow participants to share their practical experiences in the financial sector. This will provide an opportunity to debate practical solutions for overcoming key obstacles that stymie financial sector development.
Other participants include high-level officials from governments, including ministries of finance, economy, planning, and development; financial regulation and supervision agencies, and central banks. The seminar will involve contributions by experts from official agencies in Africa, international financial institutions, the private sector, and academia.
Other speakers at the seminar include Stephen Haber a professor of the Department of Political Science, A.A. and Jeanne Welch Chair, School of Humanities and Sciences, Stanford University, Patrick Honohan, a professor of the Department of Economics, Trinity College, Dublin, Louis Kasekende, Chief Economist, African Development Bank, Ernest Aryeetey, a professor and director at the Institute of Statistical, Social and Economic Research, University of Ghana. Emma Andrianasolo, director, Banking and Financial Supervision Commission, Madagascar, Mthuli Ncube, a professor at the Wits Business School; former chairman of the Barbican group and the Zimbabwe International Trade Fair company and Stock Markets in Africa, Lemma Senbet, a professor of William E. Mayer Chair, Smith School of Business, University of Maryland at College Park Financing Equity Creatively.
Other include, Tom Gibson, SME Think and John Wakeman-Linn, advisor, African Department, International Monetary Fund, Jean-Claude Brou, special advisor to the Governor, General Comptroller, Central Bank of West African States, Consolate Rusagara, Vice-Governor, National Bank of Rwanda, Kal S. Wajid, Division chief, Monetary and Capital Markets Department, International Monetary Fund , Jennifer Isern, Lead Private Sector Development Specialist, Consultative Group to Assist the Poor, World Bank Group Building Supervisory Structures for Africa and Marc Quintyn, Division Chief, International Monetary Fund Institute.
Despite achieving macroeconomic stability in recent years, many countries in sub-Saharan Africa are still struggling to maintain a sustained economic growth path fostering economic development and poverty reduction.
The consensus in academic as well as policy circles is that strong institutions are a necessary condition for sustainable growth.
Many have argued that, among the large array of institutions that foster growth, a well functioning financial system is a sine qua non for development.
The financial sector facilitates market exchange, mobilizes and pools savings, allocates capital efficiently and makes risk management possible.
The starting question of this high level seminar is: to what extent does the financial sector in Africa play these roles? And how can the efficiency of this institution be improved so that they can play a more active role in economic development? The seminar will allow participants to share their practical experiences in the financial sector. This will provide an opportunity to debate practical solutions for overcoming key obstacles that stymie financial sector development.
Other participants include high-level officials from governments, including ministries of finance, economy, planning, and development; financial regulation and supervision agencies, and central banks. The seminar will involve contributions by experts from official agencies in Africa, international financial institutions, the private sector, and academia.
Other speakers at the seminar include Stephen Haber a professor of the Department of Political Science, A.A. and Jeanne Welch Chair, School of Humanities and Sciences, Stanford University, Patrick Honohan, a professor of the Department of Economics, Trinity College, Dublin, Louis Kasekende, Chief Economist, African Development Bank, Ernest Aryeetey, a professor and director at the Institute of Statistical, Social and Economic Research, University of Ghana. Emma Andrianasolo, director, Banking and Financial Supervision Commission, Madagascar, Mthuli Ncube, a professor at the Wits Business School; former chairman of the Barbican group and the Zimbabwe International Trade Fair company and Stock Markets in Africa, Lemma Senbet, a professor of William E. Mayer Chair, Smith School of Business, University of Maryland at College Park Financing Equity Creatively.
Other include, Tom Gibson, SME Think and John Wakeman-Linn, advisor, African Department, International Monetary Fund, Jean-Claude Brou, special advisor to the Governor, General Comptroller, Central Bank of West African States, Consolate Rusagara, Vice-Governor, National Bank of Rwanda, Kal S. Wajid, Division chief, Monetary and Capital Markets Department, International Monetary Fund , Jennifer Isern, Lead Private Sector Development Specialist, Consultative Group to Assist the Poor, World Bank Group Building Supervisory Structures for Africa and Marc Quintyn, Division Chief, International Monetary Fund Institute.
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