UC Santa Cruz economists discuss global capital markets during free public workshop Nov. 9 at NASA Research Park

With global financial markets more interdependent than ever before, economists and financial managers are keeping a close eye on developments. On Friday, November 9, leading economists from the University of California, Santa Cruz, will be joined by top practitioners and analysts from the financial sector for a candid discussion of the implications of turmoil in global capital markets.

The public workshop, "Rough Seas for Global Capital Markets: Implications for India, China, and the United States," will take place from noon to 5 p.m. in the Eagle Room, Building 943, at NASA Research Park, Moffett Field. Admission is free and lunch will be served, but advance registration is required by Oct. 28. For more information and to register, visit more info.

"The spillover of the U.S. subprime crisis to Europe and Asia highlights the possible vulnerability of global financial markets," said Nirvikar Singh, professor of economics at UCSC and organizer of the workshop. "We have to ask ourselves if the global prosperity of the past 20 years is eroding, and if so, what does it mean for three of the world's major and emerging economic powers?"

The workshop consists of two panel discussions on the state of global capital markets. The first session features UCSC economics faculty members Joshua Aizenman, Michael Dooley, and Michael Hutchison; it will be chaired by Carl Walsh, also a professor of economics at UCSC. The second panel features Alok Aggarwal, founder and chairman of Evalueserve; Steve Bruce, founder and chief investment officer of Alcentra; and Mark W. Headley, co-chief executive officer of Matthews International Capital Management, LLC. Their discussion will be chaired by Arun Kumar, lead partner of KPMG, LLC. Welcoming remarks will be made by Alison Galloway, vice provost of academic affairs and a professor of anthropology at UCSC.

The workshop is being sponsored by UCSC's Center for Global, International and Regional Studies (CGIRS) and the UCSC Silicon Valley Initiative.

Building 943 is located next to the NASA Exploration Center at NASA Ames (see directions).

The workshop schedule follows; for more information about this event, call (831) 459-2833 or e-mail global@ucsc.edu.


12 p.m. Lunch and Registration

1 p.m. Welcoming remarks

1:15 p.m. Panel One

2:45 p.m. Coffee break

3:15 p.m. Panel Two

4:45 - 5 p.m. Closing remarks