IBA Interactive Discussion: The global economic outlook in the wake of Covid-19 and the US elections.


With Covid-19 and the US election being significant topics, we are pleased to welcome back to our seminar series the well-regarded and experienced Dr. Paul Sheard. Paul will be sharing his insights on these events, how they are unfolding, and what their impact may be on the financial services industry, markets, policymaking, and the broader global economic landscape. This webinar will be an interactive discussion.

The questions we will be discussing include:

  • How to assess the outlook for the US economy under a Biden Administration?
  • What is the outlook for the global economy impacted by Covid-19?
  • What are the lasting impacts of the pandemic on economies and societies?
  • What are the long-term impacts of central banks and government responses to Covid-19?
  • How is Covid-19 impacting China?
  • How might Japanese companies change?

Dr. Paul Sheard

Paul Sheard, a noted Australian-American economist, is a Research Fellow in the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School. Sheard attends and speaks regularly at conferences around the world and his views on the global economy and economic policy are frequently cited in the international press. He was Vice Chairman of S&P Global, after being Executive Vice President and Chief Economist. He was chief economist at Standard & Poor’s Rating Services, at Nomura Securities, and at Lehman Brothers, where he was earlier Chief Economist Asia based in Tokyo. Earlier, Sheard was on the faculty of the Australian National University and Osaka University and was a visiting assistant professor at Stanford University and a foreign visiting scholar at the Bank of Japan. Sheard is a member of the World Economic Forum’s Global Future Council on the New Agenda for Fiscal and Monetary Policy and was a member of the WEF’s Global Future Council on the New Economic Agenda and its Global Agenda Council on the International Monetary System. He twice served on committees of the Japanese Government’s Economic Deliberation Council and was a member of the Research Institute of Economy, Trade, and Industry. Sheard is a member of the board of the Foreign Policy Association and is a member of the Bretton Woods Committee and the Economic Club of New York. He served as an outside director of ORIX Corporation from 2003 to 2010. Sheard has a Bachelor of Arts (Honours in Japanese and Geography) from Monash University and a P.hD. in Japanese Economy and a Master of Economics from the Australian National University. In 2019, Monash University conferred an honorary Doctor of Laws on Sheard.

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