Technical Group Meetings (TGM)
A Technical Group Meeting is held generally at least a month before the Spring Ministerial Meetings to discuss the key outputs of the research work program, including those that are related to priority issues of current concern to the group and longer-term research issues. The meeting is attended by technical personnel from member countries, IMF/WB member country representatives from the offices of Executive Directors, and invited authors and presenters of research papers and policy briefs.
Manila, Philippines
Panel 1: Reforms of the Global Financial Safety Net for 21st Century Challenges
Jon Woo Kang – Reforms of the Global Financial Safety Net for 21st Century Challenges
Andres Arauz – Financing Sustainable Economic Transformation: Domestic Resource Mobilization
Session 2: Changes in Global Trade Regime and Impacts on the Global South
John Paolo R. Rivera – Lending Capacity of Multilateral Development Banks
Session 3: Domestic Resource Mobilization for the 21st Century
Kevin Cruz – Domestic Resource Mobilization for the 21st Century: The Philippine Context
Session 4: Climate Action and Financing
Sara Jane Ahmed – Climate Action and Financing
Richard Samans – Climate Action and Financing
Session 5: Sovereign Debt Resolution
Andres Arauz- Sovereign Debt Resolution
Sara Jane Ahmed – Sovereign Debt Resolution
Closing Remarks
Abidjan, Côte d’Ivoire
Special Session
Iyabo Masha – Setting the Context: Development and Global Challenges – Implications for Financing
Session 1: Domestic Resource Mobilization
Oral H. Williams – Domestic Revenue Mobilization
Fadhel Kaboub – Financing Sustainable Economic Transformation: Domestic Resource Mobilization
Session 2: Foreign and Private Financing
Hassatou N’Sele – Lending Capacity of Multilateral Development Banks
Fadhel Kaboub – Financing Sustainable Economic Transformation: Foreign and Private Financing
Session 3: Climate Challenge and Financing
Amar Bhattacharya – Finance for climate action: Scaling up investment for climate and development
Session 4: Sovereign Debt Restructuring and Renegotiation
Sara Jane Ahmed – Sovereign Debt Restructuring and Renegotiation
Amar Bhattacharya – Sovereign Debt Restructuring and Renegotiation
Virtual
Session 1: Structural Transformation and Sustainable Development
Session 2: Perspectives on the World Bank Group (WBG) Evolution Roadmap
Amar Bhattacharya – A World Bank for the 21st Century
Annalisa Prizzon – Presentation Notes on the World Bank Group (WBG) Evolution Roadmap
[Closed session]
Session 3: Mobilizing Private Finance for Sustainable and Inclusive Development
Solange Amichia – Mobilizing Private Finance For Sustainable and Inclusive Development
Session 4: Food Insecurity – Macroeconomic and Structural Drivers
Maximo Torero Cullen – Tackling drivers of food insecurity for Africa and other vulnerable countries
Martien Van Nieuwkoop – Responding to Rising Food Insecurity: A Financing Perspective
Virtual
Session 1: Central Bank Digital Currencies (CBDCs): Implications on Developing Countries
Tomasso Mancini Grifolli – Digital Money, an Overview
Kwame A. Oppong – eCedi Ghana’s Central Bank Digital Currency (CBDC) Pilot
Raymond Estioko – Presentation by the Bangko Sentral ng Pilipinas
Session 2: The Urgency of Dealing with Inequality
Franziska Lieselotte Ohnsorge – Global Economic Prospects
Halsey Rogers – The State of the Global Education Crisis: A Path to Recovery
Rosalia Vazquez-Alvarez – Wage inequality and income inequality: a gender perspective
Session 3: Mobilizing Public Revenues for Inclusive Growth and Development
Ruud de Mooij – Mobilizing Public Revenue for Inclusive Growth and Development
Sol Picciotto – The Global Minimum Tax and Developing Countries
Session 4: Remittances and Migration for Development
Luca Dall’Oglio – IOM Presentation
Dilip Ratha – Remittances during COVID-19 Crisis and Beyond
Dr. Manuel Orozco – Remittances, Migration and Development to Latin America and the Caribbean
Dhammika Nanayakkara – Challenges in Enhancing Labour Migration and Remittances
Virtual
Session 1: Managing Capital Flow Volatility
Giovanni Dell’Ariccia- Toward an Integrated Policy Framework
Prakash Loungani- IEO IMF Advice on Capital Flows
Kevin Gallagher- IMF Institutional View: Time to Deepen Reform
Session 2: International Tax Cooperation
Victoria Perry – International Corporate Tax: An Overview of the Current Situation
Martin Hearson – Tax treaties and Developing Countriess
Sol Picciotto – For a Better Globe: A Minimum Effective Tax Rate for Multinationals
Carlos Protto – Tax Challenges of the Digitalisation of the Economy
Session 3: Domestic Resource Mobilization to Support a Better Post-COVID Recovery
Michael Keen – Taxation for an Inclusive World After COVID-19
Sanjeev Gupta – Political Economy of Tax Reforms in Developing Countries
Jeremias Paul Jr. – Building Back Better with Health Taxes
Roberto Arias – Extraordinary Solidarity Contribution to Help Mitigate the Effects of the Pandemic
Session 4: Delivering on Climate Finance to Support Better Recovery and Climate Goals
Marc Sadler – Transformative Climate Finance
Ian Parry – Climate Mitigation in the G24
Farah Imrana Hussain – Market-based Sustainable Financial Instruments
Session 5: Addressing the Challenge of Sovereign Debt Distress
Homi Kharas – Debt Distress and Development Distress: Twin Crises of 2021
Ugo Panizza – Sovereign Debt Vulnerabilities in Africa and Beyond
Jeromin Zettlemeyer – Debt Sustainability Framework for Market Access Countries
Deborah Bräutigam – Trends in China’s Lending to Developing Countries
Lima, Peru
Keynote: The Global Financial Safety Net and the IMF: The Unfinished Agenda
Jose De Gregorio- IMF Reform: The Unfinished Agenda
Session 1: Coping with Global Financial Uncertainties and the Global Financial Safety Net
Maxwell Opoku-Afari- Coping with Global Uncertainties and the Global Safety Nets
Eugenio Cerutti- Capital Inflows and Emerging Markets
Special Session: Global Financial Governance and Development
Kyle Peters- Making the Global Financial System Work for All: G20 Eminent Persons Group
Session 2: Combating Illicit Financial Flows
Nadim Kyriakos-Saad- Combating Illicit Financial Flows
Jean Pierre Brun- Illicit Financial Flows (IFFs)
Lucas Diez Suarez- Illicit Financial Flows: a Private Sector Perspective
Alex Cobham- Combating illicit financial flows: Definition, measurement and policy response
Stephanie Blankenburg- Combating Illicit Financial Flows from Developing Economies
Session 3: Fiscal Reforms and Governance
Paola Alvarez- Making headway despite the headwinds
Jens Kristensen- Fiscal Reforms and Governance -a PEFA Perspective
Session 4: Managing Sustainable Investments and Growth: Some Perspectives
Amar Bhattacharya- Scaling-up Sustainable Investments for Better Development and Better Climate
Elsa Galarza- Managing Sustainable Investments and Growth: some perspectives
Special Session: Taxation Challenges: A Focus on the Digital Economy
Suresh Yadav- Taxation Challenges:A Focus on the Digital Economy
Natalia Quinones- Taxation Challenges:A Focus on the Digital Economy
Session 5: Ensuring Adequate Social Safety Nets
Sanjeev Gupta- Social Safety Nets in IMF Policy Advice
Margaret Grosh- Universal Social Protection: Issues and a Way Forward
Fabio Durán Valverde- Ensuring Adequate Social Protection Systems
ECLAC- Social protection systems in Latin America and the Caribbean
Colombo, Sri Lanka
Session 1:
Marcelo Giugale – The Evolution of Public Debt Management: An Advisor’s View
Yilmaz Akyuz – Deepened Financial Integration and Changing Vulnerabilities of the Global South
Session 2:
Baudouin Richard – Strengthening Liability Managementin Local Currency Sovereign Bond Markets
Benu Schneider – Emerging Issues in Sovereign Debt What Can Developing Countries Do?
Rodrigo Cabral – Liability Management Operations in the External Markets
South Africa – Debt Management Overview
Sri Lanka – Debt Management and Sustainability
Session 3:
Hector Torres – Trade at crossroads: Structural changes and Policy challenges
Michael Ewing – Except for all the Others
Ramy Afifi – Egypt Intervention
Vinod Kumar – Presentation – India
Aaditya Mattoo – Trade and Cooperation in an Age of Insecurity
Session 4:
Ilhyock Shim – Dealing with capital flow volatility
Jonathan Ostry – Managing Capital Flows: Toward a Policy Vademecum
Jose Ocampo – Enhancing the Role of the SDRs in the Global Reserve System
Moses Tule – Dealing with Capital Flow Volatility: The Nigerian Experience
Saraiva – Brazil – Dealing with Capital Flows Volatility (G24 TGM)
Addis Ababa, Ethiopia
Session 1:
Monari – World Bank’s Role in Transformational Engagements
Wa-Kyendo – Infrastructure Investments for Economic Growth
Bond – Sustainable Financing of Infrastructure in Emerging Economies
Ahmad – Public Investment for Sustainable Growth
Cote D’Ivoire – Country Perspective
Session 2:
Page – Structural Transformation It’s Not Just Manufacturing Anymore
Elhiraika – Transformative and inclusive development policy in Africa
Gottschalk – Catching up and structural transformation What does it take in today’s world
Taglioni – Global Value Chains Relevance for G24 Countries
Montes – Should Developing Countries Accept TPP-style Obligations on Foreign Investor Protections
Ethiopia – Policies for productivity growth and structural transformation
Session 3:
Keen – Revenue mobilization in developing countries—issues and initiatives
Fitzgerald – International Tax Competition and Emerging Markets
Ghana – Mobilizing Domestic Resources for Development & International cooperation
Cartagena, Colombia
Agenda
Summary Report
Colombia’s Economic Strategy in the New Global Context
Session 1a: Financing Infrastructure through Domestic Resource Mobilization
The Role of FDN as a Specialized and Innovative Development Bank
On Public Investment Efficiency
Bond Markets as a Source of Financing for Infrastructure in Latin America and the Caribbean
Session 1b: Financing Infrastructure and the Role of Public-Private-Partnerships
Financing Infrastructure and the Role of PPPs
Global Infrastructure Hub: Bridging the Infrastructure Gap
Developing a PPP Program: the Experience of the Philippines
South Africa’s Renewable Energy Procurement Program
PPPs in Emerging Markets and Developing Economies
Session 2: Fiscal Policy and Income Inequality
Fiscal Policy Incidence on Poverty and Inequality in Latin America
Income Inequality and Fiscal Policy
Session 3: Financial Inclusion: Innovations and Challenges Ahead
Financial Inclusion and Financial Education for Deposit Insurers
Financial Inclusion: the Indian Experience
Nigeria’s Financial Inclusion Strategy
Impact of De-risking in the Caribbean
Session 4: A Dialogue on Reinvigorating Growth
Global Challenges, Global Solutions: the Big Picture
Beirut, Lebanon
Session 1: Financing for Development and Perspectives of the G-24
Trepelkov, ‘Financing for Sustainable Development’
Session 2: Addressing the Shortcomings in the Sovereign Debt Restructuring Framework
Lombardi, ‘Sovereign Debt Restructuring – Current Challenges, Future Pathways’
Ramcharan (Trinidad and Tobago), ‘Resolving Sovereign Debt Distress in the Caribbean’
Tule (Nigeria), ‘Nigeria’s Sovereign Debt Restructuring-Challenges and the Way Forward’
Session 3: The Role and Reform of Multilateral Finance
Humphrey, ‘Current Challenges for Multilateral Development Banks’
Session 4: Enhancing the Tax Base and International Tax Cooperation
Keen, ‘International corporate Tax Issues and Developing Countries’
Cairo, Egypt
TGM September 2014 Provisional Agenda 081114
Presentations
Ahmad & Bhattacharya – Financing the Post-2015 Sustainable Development Agenda 090514
Bustillo – Financing for Development – A View from Latin America and the Caribbean 090514
El-Megharbel – Financing for Development in Egypt 090614
G-24 TGM – Concluding Remarks by Chair of Deputies
G-24 TGM Cairo September 2014 – Opening Remarks from Chair, Minister El-Ehwany
Hasan – Sustainable Development Financing – Perspectives from Asia and the Pacific 090514
Montes – The Financing For Development Agenda 090514
Muhtar – Report of the UN Intergovernmental Committee of Experts on Sustainable Development 090514
Ostry – Redistribution, Inequality and Growth 090614
Sy – Financing for Development – Regional Perspectives from Africa 090614
Tan – Regional Perspectives on Financing for Development – Case of the Philippines 090514
Luxor, Egypt
Opening Remarks by Dr. Ashraf El-Araby, Minister of Planning and International Cooperation of Egypt
Session 1: Global Economy
Presentations
The State of the World and Longer Prospects
Y. Akyuz (South Centre)
Fear of Flying: Policy Stances in a Troubled World Economy
A. Izurieta (UNCTAD)
Background Material
Crisis Mismanagement in the US and Europe: Impact on Developing Countries and Longer-Term Consequences
Y. Akyuz (South Centre)Waving or Drowning: Developing Countries After the Financial Crises
Y. Akyuz (South Centre)
Session 2: Development Finance
Presentations
Public Finance Underpinnings for Sustainable Infrastructure Financing
E. Ahmad (LSE Asia Research Centre)
Financing for Development: What Should be the Priorities for EMDC’s
A. Bhattacharya (G-24)
Background Material
Public Finance Underpinnings for Infrastructure Financing in Developing Countries
E. Ahmad
Session 3: Debt and Debt Sustainability
Presentations
Egypt in Transition: Towards Prosperity for All
Ministry of Finance
Debt and Debt Sustainability Overview
A. Bala (G-24)
Debt Sustainability Challenges for Developing Countries
Y. Li (UNCTAD)
Background Material
MF Staff Guidance Note on the Application of the Joint Bank-Fund DSF for Low-Income Countries
10 Reasons Why NML vs. Argentina Matters
Session 4: Administrative Matters and Closing Remarks
Closing Remarks by Mr. Karim Wissa, Chair of the Deputies
Washington, D.C., USA
Session 1
Session 2
Session 3
Session 4
Washington, D.C.
Session 1: Trends and Volatility in Commodity Prices and Food Security
Commodity Market Developments and Differential Impacts on Developing Countries
Amar Bhattacharya, Susanne Quadros
Food Security, Commodity Price, Trends, and Volatility
Jomo Kwame Sundaram
Food Security and Inclusive Growth
B. de Azevedo
Background: Commodity Market Developments and Differential Impacts on Developing Countries
Amar Bhattacharya, Susanne Quadros
Infrastructure for Low-Income Countries
M. Kay
Raising the Bar on Infrastructure Development
Amar Bhattacharya, Homi Kharas
Session 2: Climate Finance
Climate Finance: Key Challenges for the Poorest, Smallest and Most Climate-Vulnerable Countries
Cyrus Rustomjee
Tax and Development
Gabriel Jamed
Tax Cooperation: Enhancing the Fiscal Capacity of Developing Countries
Michael Lennard
Background: Enhancing the Fiscal Capacity of Developing Countries
Vito Tanzi
Reform of the International Monetary System and the Role of the SDR
Pablo Pereira
Washington, D.C.
Session 1: Briefing on G-20 Outcomes and Upcoming Agenda
G-20 Leaders Declaration Los Cabos Summit
R. Marino
Session 2: Global Economies
World Economic Outlook
Jorg Decressin
Global Economic Prospects
Hans Timmer
A New Phase of the Global Economic Crisis
M. Montes
Background: Staggering Rise of the South
Yilmaz Akyuz
Session 3: IMF Quota Reform
A Comprehensive Review of the IMF Quota Formula
Amar Bhattacharya
Background: Summary Report of the High Level Seminar
IMF
Making Sense of the IMF Quota
Edwin Truman
Notes
Ralph Bryant
Quota Formula Reform Is About IMF Credibility
Arvind Virmani
Quota Formula Review: Data Update and Further Consideration
IMF
Quota Formula Review: Supplementary Information
IMF
Session 4: Capital Flow Volatility and Prudential Regulation in Emerging Markets
Macro-Prudential Policies: Lessons for and From Emerging Markets
Stijn Clasessens, Swati R. Ghosh
Session 5: Sovereign Debt Resolution Mechanisms
Perspectives on Sovering Debt Restructuring
Benu Schneider
Sovereign Debt Crisis Resolution Mechanism
Yuefen Li
The Argentinean Experience
Dr. Sergio Chodos
Expert Group Meeting on Soverign Debt Restructuring
Session 6: Capital Flow Volatility and Prudential Regulation in Emerging Markets
Infrastructure for Development: Meeting the Challenge
Mattia Romani
Background: Infrastructure for Development: Meeting the Challenge
Amar Bhattacharya, Mattia Romani, Nicholas Stern
Pretoria, South Africa
Session 1: High Level Panel
The Multi-Polar World, the Global Recovery, and the New Normal
Justin Yifu Lin
Growth in a Multi-Polar World
Cyrus Rustomjee
A Global Economy with Multiple Growth Poles
Justin Yifu Lin
Session 2: Global Context for Growth and Development
G-20 Map Growth, Rebalancing and Development
Zia Qureshi
Background: Growth and Development in Emerging Markets and Developing Countries
World Bank
Post-Crisis Challenges for MDG Attainment, Sub-Saharan Afrca
J.K. Sundaram
Background: Keeping the Promise: United to Achieve the Millennium Development Goals
United Nations
Background: World Economic Situation and Prospects
United Nations
The Seoul Consensus on Development
Mmakgoshi Phetla-Lekhethe
Seoul Development Consensus for Shared Growth
G-20
Session 3: Key Issues on the International Development Agenda
Managing Capital Flows: What Tools to Use
Atish Ghosh
Background: Capital Inflows
IMF
The State of Climate Finance Talks
K. Naidoo
Climate Finance: Some Perspectives and Issues
Cyrus Rustomjee
Background: Report of the Secretary-General’s High Level Advisory Group
United Nations
The Multilateral System of Development Finance
Amar Bhattacharya, Rogerio Studart
INAF – It’s Not Always Fiscal
Ugo Panizza
Background: The Unexplained Part of Public Debt by C.F.S.
Camila F.S. Campos, Dany Jaimovich, Ugo Panizza
Trends and Volatility in Commodity Prices and Food Security
Jorg Mayer
Food Price Determinants in Context
Jomo Kwame Sundaram
Food Price Watch
World Bank
Food Security: The Need for Multilateral Action
World Bank
Geneva, Switzerland
Geneva, Switzerland
Session 1
Session 2
Session 3
Session 4
Session 5
Session 6
New York, USA
Session 1
Session 2
Session 3
Singapore
Session 1
Session 2
Session 3
Session 4
Session 5
Geneva, Switzerland
Session 1
Session 2
Washington, D.C., USA
Session 1
Session 2
Manila, Philippines
Session 1
Washington, D.C., USA
Session 1
Session 2
Geneva, Switzerland
Session 1
Session 2
Geneva, Switzerland
Session 1
Session 2
Port of Spain, Trinidad and Tobago
February
Session 1
Beirut, Lebanon
Session 1
Session 2