Economist Lawrence H. Summers has been the main voice within the nationwide debate on inflation.
- What are the longer term dangers as soon as inflation is below management?
- Will gradual development and secular stagnation reappear?
Lawrence H. Summers, the famend American economist who served because the 71st Secretary of the USA Treasury from 1999 to 2001 below Invoice Clinton, in addition to the director of the Nationwide Financial Council from 2009 to 2010 below Barack Obama, will supply his insights on the earth economic system and monetary markets through the thirteenth AIM Summit to be held on November 21-22, 2022 in Dubai, United Arab Emirates.
AIM Summit is the area’s premier discussion board for offering info on funding developments and world market situations. This yr, particular emphasis is positioned on the present world economic system, inflation, stagflation and recession. Summers will clarify why the USA is prone to be heading right into a recession over the subsequent two years. Summers will focus on how globalization, commerce and expertise will play a central function in the way forward for the worldwide economic system.
In 2021, Summers repeatedly referred to the potential for inflation in the USA, whereas the US Federal Reserve and plenty of economists considered rising costs as transitory.
Commenting on his attendance on the AIM Summit, Summers mentioned: “Traders in different property should navigate a difficult macroeconomic atmosphere at present and anticipate its affect on their portfolios tomorrow. On the AIM Summit in Dubai, I’ll handle among the most urgent questions traders needs to be asking: Will the Fed’s new hawkish stance result in a painful recession or stage a mushy touchdown? »
“Will we return to the post-2009 period of secular stagnation, or to a brand new paradigm? Will the prognoses of China’s economic system overtaking that of America develop into just like these of Russia and Japan, which look ridiculous at present?
Raha Moradi, President and CEO of AIM Summit, mentioned, “We’re honored as organizers of AIM Summit to welcome such a famend economist and senior American official as Lawrence H. Summers.
His views on inflation, recession, and world politics in the USA and all over the world will present our viewers with priceless insights that may profit their insurance policies and techniques sooner or later. Traders and coverage makers within the GCC and MENA area are invited to hitch us to take heed to Summers’ predictive insights. »
The AIM Summit brings collectively and connects hedge fund, non-public fairness, enterprise capital, digital asset and FinTech traders with world business leaders. This yr, the summit will cowl subjects regarding portfolio development, rising markets, frontier markets, non-public credit score, hedge funds, the way forward for digital property, NFTs, the metaverse, mining crypto, ESG, affect investing and Net 3.
Audiences may even hear Summers’ perspective on crypto and blockchain.
For extra info, go to the official web site occasion web site.
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In regards to the AIM Summit – “Connecting Folks, Connecting Concepts, Connecting Markets”
AIM Summit started over seven years in the past with a mission to attach folks, join concepts, and join different funding markets. AIM Summit is the main different funding administration summit spanning hedge funds, non-public fairness, enterprise capital, digital property and personal debt – bringing collectively the very best minds within the different funding business with the largest recipients.
AIM Summit is a platform for discussing funding developments, world market situations, newest traits and acts as a networking discussion board for future enterprise alternatives. The one convention of its nature and scale organized and orchestrated by the business in an intimate setting to induce actual exchanges on greatest practices and know-how.
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