Sponsored by WAGE, CIBER, and Robert M. La Follette School of Public Affairs

Co-sponsored by Dept. of Economics, European Union Center of Excellence, WI Dept. of Commerce, the International Credit Executives Group,

MITA, and World Trade Center Wisconsin





Global Imbalances and the U.S. Dollar: Doing Business in the World Economy


Menzie Chinn and Charles Engel, Organizers



Thursday, May 1, 2008

Fluno Center for Executive Education




11:30-Noon                Conference Registration


Noon-1:30                  Luncheon

Reflections on the Current Outlook

Michael Knetter, Dean UW School of Business.


1:30-1:45                   Break


1:45-3:15                   Panel I

Global imbalances and currencies …and how they affect US Business



Charles Engel

Professor of Economics, UW-Madison


Catherine Mann

Professor of Economics, Brandeis University.  Senior Fellow, Peter  G. Peterson Institute for International Economics


Michael Melvin

Managing Director, and Head of Currency Research,

Barclay’s Global Investors.  Co-editor of Journal of International Money & Finance



3:15-3:30                   Break


3:30-5:00 p.m.           Panel II

The United States, China and the Policy Choices



Menzie Chinn

Professor of Public Affairs and Economics, UW-Madison


Jeffrey Frankel

James W. Harpel Professor, Harvard University.  Former member, President’s Council of Economic Advisers. Member of NBER Business Cycle Dating Committee


Shang-Jin Wei

Professor of Finance and Economics, Columbia University.  Former Division Chief, IMF, and former Senior Fellow, the Brookings Institution


5:15-6:15 p.m.           Reception; Study Pub on 8th Floor (note change of venue)


All speakers are confirmed. Exact schedule and specific panel topics may change slightly



Abbreviated biographies


Jeffrey Frankel

Jeffrey A. Frankel is James W. Harpel Professor of Capital Formation and Growth at Harvard University’s Kennedy School of Government. From 1997 to 1999, he was a Member of the President’s Council of Economic Advisers. He also directs the Program in International Finance and Macroeconomics at the National Bureau of Economic Research, where he is also on the Business Cycle Dating Committee, which officially declared the 2001 recession.


Catherine Mann

Catherine L. Mann is a professor at International Business School at Brandeis University, and a senior fellow at the Peter G. Peterson Institute for International Economics. She has also held positions at the Federal Reserve Board of Governors, the President's Council of Economic Advisers, and the World Bank. Her books include Accelerating the Globalization of America: The Role for Information Technology (2006) and Global Electronic Commerce: A Policy Primer (2000); as well Is the US Trade Deficit Sustainable? (1999).


Michael Melvin

Michael Melvin is a Managing Director, at Barclay’s Global Investors. He leads the currency research team in the Global Market Strategies Group.  Prior to joining BGI in 2005, he was Professor of Economics and Dean’s Council Distinguished Scholar at Arizona State University.  He also serves as Co-editor of the Journal of International Money & Finance, the leading scholarly journal devoted to international finance.  His research on foreign exchange and global equity markets has been published in the leading academic journals.  He received his PhD from UCLA.


Shang-Jin Wei

Shang-Jin Wei is a Professor of Finance and Economics and N.T. Wang Chair in Chinese Business and Economy at Columbia University’s Graduate School of Business. His previous positions include Chief of Trade and Investment Division at the International Monetary Fund, the New Century Chair Senior Fellow at the Brookings Institution, and Associate Professor at Harvard University’s Kennedy School of Government. Professor Wei has published extensively on topics on international finance, trade, and the Chinese economy in leading academic journals.


Link to Current Account Sustainability Website


Contact: Email Bridget Pirsch