Nobel Prize Winner Joseph Stiglitz in Berlin

Press Release of 9 March 2009

As a consequence of the world financial crisis, the President of the UN General Assembly established the UN-Commission of Experts on Reforms of the International Monetary and Financial System in the fall of 2008. The Commission is chaired by Joseph Stiglitz, the 2001-winner of the Nobel Prize in Economic Sciences.

In the run-up to the second meeting of the Stiglitz-Commission in March in Geneva, Stiglitz speaks at the International Policy-Dialogue: “The Global financial crisis and international financial architecture: governance perspectives for developing countries” in Berlin, organised by InWEnt and the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE). The Policy-Dialogue aims to generate ideas on development policy and involve a broader range of experts in the current discussion process. At the same time, the event – commissioned by the Federal Ministry for Economic Cooperation and Development – is intended to contribute to achieving greater policy coherence.

In addition to high-level experts of the Stiglitz-Commission, leading representatives from developing and emerging countries, the World Bank, the IMF, the multinational development banks, international financial institutions, think-tanks and civil society are attending the International Policy-Dialogue.

The Institute in Brief:

The German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) is one of the leading Think Tanks for development policy world-wide. It is based in the UN City of Bonn. DIE builds bridges between theory and practice and works within international research networks. The key to DIE’s success is its institutional independence, which is guaranteed by the Institute’s founding statute. Since its founding in 1964, DIE has based its work on the interplay between Research, Consulting and Training. These three areas complement each other and are the factors responsible for the Institute’s distinctive profile.
Every Monday, the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) comments the latest news and trends of development policy in The Current Column.
The German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) is headed by Dirk Messner (Director) and Imme Scholz (Deputy Director). DIE is member of the Johannes-Rau-Forschungsgemeinschaft.