The New Global Financial Architecture Program
The program brings together distinguished finance and economics professors at Columbia Business School and other parts of the University with financial market participants in the United States and Japan, and, in principle, Europe and China as well. While the focus is on the United States and Japan, this necessarily is in the broader context of the global financial system and its other major players. Potential topics include, but are not limited to, financial system restructuring; development of national and international regulatory systems; effective governance, supervision, and monitoring; the operations of and interactions among specific financial markets; the relationships between finance and macroeconomic performance; and the nature and role of government and monetary policies.
The program begins with an initial three-year commitment and develops and grows substantially beyond that. Subject to funding, it will include two major conferences each year, one at Columbia University and one in Tokyo. An inaugural event,"Coping with Crisis: Financial Policy in the U.S. and Japan" was held at Columbia Business School on November 10, 2009, including Professors Heizo Takenaka, Director of the Global Security Research Institute at Keio University and Takatoshi Ito, Professor at The University of Tokyo as speakers. The program is also expected to include a series of workshops in which faculty and practitioners meet to discuss specialized topics and research; the development of joint research projects; and the development of new curricula by participating faculty based on the work of the program.
To support the program initially, CJEB provides seed money from its reserve fund for new programs and administrative resources. The Center will establish a special lead corporate sponsor funding category for this program and seeks a small number of appropriate sponsors prepared to make significant annual commitments for three years. We encourage anyone interested in getting involved in this program to contact Caroline Hasegawa, Director for Administration, at 212-854-5930 or firstname.lastname@example.org.