Global Interdependence Center

The Global Interdependence Center (GIC) is a Philadelphia-based non-profit organization that holds conferences and programming to increase global dialogue and promote free trade, in order to improve cooperation and understanding among nation states, with the goal of reducing international conflicts and improving worldwide living standards.

History

The GIC was founded in 1976 during Philadelphia's Bicentennial Celebration at convocation of leading United Nations and U.S. officials.{{cite web|title=About Us |url=http://www.interdependence.org/About.Us.php |publisher=Global Interdependence Center |accessdate=2009-01-15}} Its vision was affirmed in a Declaration of Interdependence, which was crafted by historian Henry Steele Commager and signed by international dignitaries. Early leaders in the organization included Nobel Laureate Dr. Lawrence Klein, Benjamin Franklin Professor of Economics and Finance at the University of Pennsylvania.

Notable programming

GIC hosts and sponsors many programs throughout the year, both in Philadelphia, where it is based, and abroad. Programming comprises international trips, domestic conferences and roundtable discussions. Included among these programs are:

Annual Monetary and Trade Conference: This gathering together of global leaders has been held since 1979. Past speakers include Paul Volcker, chair of the International Accounting Standards Board and former chairman of the Board of Governors of the Federal Reserve System, Lawrence Kudlow and Robert Hormats, noted free-market economists, as well as chief economists for the International Monetary Fund and representatives from global finance and trade organizations.

The Central Banking Series: This series assembles well-known bankers to speak on their countries' monetary policies, their views on U.S. economics and the business ramifications of monetary systems. Recent speakers have included Christian Noyer, governor of the Banque de France and Richard Fisher, president of the Federal Reserve Bank of Dallas.{{cite web|date=January 17, 2008 |title=Challenges for Monetary Policy in a Globalized Economy |url=http://www.dallasfed.org/news/speeches/fisher/2008/fs080117.cfm |publisher=Federal Reserve Bank of Dallas |accessdate=2009-01-15}}

GIC Abroad: Delegations have visited France,{{cite news|date=March 26, 2012 |title= Should Central Banks Help Governments Run Bigger Deficits? |url=https://blogs.wsj.com/economics/2012/03/26/should-central-banks-help-governments-run-bigger-deficits/?KEYWORDS=global+society+of+fellows |newspaper=Wall Street Journal |accessdate=2012-06-08}} Ireland,{{cite web |date=June 11, 2007 |title=Is Price Stability Attainable? |url=http://www.clevelandfed.org/For_the_Public/News_and_Media/Speeches/2007/Pianalto_20070611.cfm |publisher=Federal Reserve Bank of Cleveland |accessdate=2009-01-15 |archive-url=https://web.archive.org/web/20110716091147/http://www.clevelandfed.org/For_the_Public/News_and_Media/Speeches/2007/Pianalto_20070611.cfm |archive-date=July 16, 2011 |url-status=dead }} Estonia, Chile, South Africa and Israel. Delegations generally include business leaders from the United States as well as representatives from central banks of various nations.

Celebration of Interdependence: Formerly the Annual Black Tie Gala, the annual Celebration in Philadelphia sees the presentation of the Global Citizen Award to individuals who demonstrate exceptional service to the increasingly global community. Recent honorees include Anthony Santomero, former president of the Philadelphia Federal Reserve Bank, in 2005,{{cite news|date=July 14, 2005 |title=Santomero receives Global Citizen Award |url=http://www.bizjournals.com/philadelphia/stories/2005/07/11/daily41.html |newspaper=Philadelphia Business Journal |accessdate=2009-01-15}} Michael Heavener, executive vice president and head of Wachovia Bank's Global Financial Institution and Trade Division, in 2006, Dr. Constantine Papadakis, president of Drexel University, in 2007,{{cite web |date=November 18, 2008 |title=Dr. Constantine Papadakis Biography |url=http://www.drexel.edu/papadakis/biography3.asp |publisher=Drexel University |accessdate=2009-01-15 |url-status=dead |archiveurl=https://web.archive.org/web/20071024131110/http://www.drexel.edu/papadakis/biography3.asp |archivedate=October 24, 2007 }} Edward G. Boehne, former president of the Philadelphia Federal Reserve Bank, in 2008, and long-time Board Members Sharon Javie and Bill Dunkelberg in 2012.{{Cite web|url=https://www.interdependence.org/about/award-recipients/global-citizen-award/|title=Global Citizen Award - GIC International Financial Leaders|website=Global Interdependence Center|access-date=2020-02-06}} In addition, Dr. Roger W. Ferguson Jr., president and CEO of TIAA-CREF, was awarded the Fred Heldring Global Leadership Award in 2006.{{Citation needed|date=October 2008}}

Recent programming

class="wikitable"
DateLocationTitle
January 15, 2014New York, N.Y.Puerto Rico Debt: Questions and Answers
February 6, 2014Sarasota, Fla.Economic Outlook with Eric Rosengren
February 24, 2014Phoenix, Ariz.Southwest Economic Summit
March 10–11, 2014Paris, FranceMonetary Policy and Banks and the Rise of Global Protectionism
April 16, 2014Philadelphia, Pa.32nd Annual Monetary and Trade Conference
May 8, 2014London, U.K.Monetary Policy and Currency Issues in 2014: QE or Not QE
May 19, 2014New York, N.Y.Managing Currency Risk in the ETF Space
June 19, 2014VirtualTransitioning to a New Equilibrium of a Growth-Driven Market
July 11, 2014Jackson Hole, Wyo.Sixth Annual Rocky Mountain Economic Summit
July 14, 2014Salt Lake City, UtahThe Bottom Line of Disabilities
July 30, 2014VirtualWhat to Expect from the FOMC
August 27, 2014VirtualTwenty-One Quarters and Counting. How Long will the Expansion Last?
September 10, 2014VirtualThe Ebola Virus: Chilling
September 19, 2014Philadelphia, Pa.Gearing for the Future of Risk Management
September 24, 2014VirtualThe Pythagorean Theorem of Financial Repression
October 9, 2014Philadelphia, Pa.Aluminum Futures: Global Interdependence and Extractive Industries
October 17, 2014Philadelphia, Pa.Celebration of Interdependence
December 15, 2014Philadelphia, Pa.The Nordic Economic Model: Successes, Challenges and the Future
February 2, 2015Sarasota, Fla.The Economic Outlook
February 18, 2015New York, N.Y.Commodities
March 23, 2015Paris, FranceNew Policies for the Post Crisis Era
July 10, 2015Jackson Hole, Wyo.Seventh Annual Rocky Mountain Economic Summit

{{Cite web|url=https://www.interdependence.org/events/browse/|title=Upcoming Events - GIC International Financial Leaders|website=Global Interdependence Center|access-date=2020-02-06}} and {{Cite web|url=https://www.interdependence.org/events/archive/|title=Archive of Past Events on Global Issues, International Economics, and The Global Economy|website=Global Interdependence Center|access-date=2020-02-06}}

References

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