IPD AINobel Prize-winning economist Joseph E. Stiglitz spoke on “The Global Economy in Multiple Crises: Challenges for Emerging and Developing Countries and Pathways to Enhanced Resilience” at the JICA Ogata Sadako Research Institute for Peace and Development (JICA Ogata Research Institute) in Tokyo on Oct. 7, 2022. The talk was part of the JICA Ogata Research Institute Knowledge Forum series of events. The forum looked at how emerging and developing countries can recover from the turmoil of the global economy and how to create more resilient systems and societies, with a focus on emerging and developing countries.
The event began with opening remarks by JICA President Tanaka Akihiko. Tanaka introduced Stiglitz, a Columbia University professor and the president of the Initiative for Policy Dialogue (IPD), a non-profit research initiative at the university. JICA Ogata Research Institute has partnered with the IPD on a joint research series focusing on industrial policy and economic transformation in Africa. Tanaka began by discussing the multiple, compound crises negatively impacting the world, including COVID-19, the Russo-Ukrainian War, climate change, rising food and energy costs and fears of capital outflows due to monetary tightening by the United States.