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Kevin Young Presents on Global Financial Reform at United Nations

Kevin Young, Assistant Professor of Political Science, was an invited panelist and presenter at the United Nations roundtable discussion, “Global Financial Reform: How might the 2014 International Conference on Financing for Development strengthen reform momentum?” October 21-24, 2014. The event, which was organized by the Financing for Development Office of UN Department of Economic and Social Affairs, and an NGO, Bread for the World, was designed to prepare UN delegations on the costs and benefits of different financial reform proposals as well as their political dimensions.

“The recent financial crisis … imposed enormous costs on the global economy,” say the roundtable organizers. “The causes of the financial crisis are various and intensely debated, as are the proposals to prevent future crises. However…successful crisis mitigation requires global coordination and cooperation.”

In this light, the event brought together international stakeholders from academia, international organizations, the financial and banking sectors, and civil society to explore these issues in greater detail as a lead-up to the large UN summit in June in Addis Ababa, Ethiopia. Professor Young was one of fourteen experts asked to speak. He presented research on how interest groups become involved in financial regulatory reform, how this has changed since the financial crisis and what to do about it. “It was truly amazing to participate within an important international process and to get a first-hand glimpse at how the UN works from the inside,” Young remarked.

Professor Young’s research focuses on the political economy of financial regulation and the role of organized business in shaping policy. He is co-author of Gridlock: Why Global Cooperation is Failing When We Need it Most (Polity, 2013) and a noted expert on financial regulation, business lobbying dynamics, and international political economy.

 

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