IMF Global Financial Stability Report: Preempting a Legacy of Vulnerabilities

About the speaker:

Andrea Deghi is a Financial Sector Expert in the Global Financial Stability Analysis Division of the IMF’s Monetary and Capital Markets Department. In his role, he led Chapter 3 of April 2021 GFSR aimed to identify financial stability risks arising from the commercial real estate market and to discuss policy tools available to mitigate such risks. Previously, he worked in the Macroprudential Policy and Financial Stability Department at the ECB and with the Research Department of the Deutsche Bundesbank. His research spans topics in systemic risk, financial intermediation, real estate markets and monetary policy. Andrea holds a PhD in Economics jointly awarded by the Universities of Siena, Florence and Pisa.

Discussants:
 

Adolfo Barajas is a Senior Economist in the IMF’s Monetary and Capital Markets Department, leading the work for analytical chapters of the Fund’s Global Financial Stability Report since 2017. He has also worked in other departments of the Fund: leading training activities for government officials in the Institute for Capacity Development, as a desk economist for Central American and Caribbean countries in the Western Hemisphere Department, and coordinating the Regional Economic Outlook for the Middle East and Central Asia department. Early in his career he worked as a research economist in Colombia’s central bank and at Fedesarrollo, a private think tank in Bogotá. He has written research papers on financial stability, financial development and inclusion, macroeconomic effects of remittances, monetary and exchange rate policy, and dollarization. He received his doctorate in Economics from Stanford University, and his undergraduate degree in Economics from the Universidad de los Andes.