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.[1]

History

The GIC was founded in 1976 during Philadelphia's Bicentennial Celebration at convocation of leading United Nations and U.S. officials.[1] 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.[2]

GIC Abroad: Delegations have visited France,[3] Ireland,[4] 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,[5] 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,[6] 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.[7] In addition, Dr. Roger W. Ferguson Jr., president and CEO of TIAA-CREF, was awarded the Fred Heldring Global Leadership Award in 2006.

Recent Programming

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

[8] and [9]

References

  1. 1 2 "About Us". Global Interdependence Center. Retrieved 2009-01-15.
  2. ↑ "Challenges for Monetary Policy in a Globalized Economy". Federal Reserve Bank of Dallas. January 17, 2008. Retrieved 2009-01-15.
  3. ↑ "Should Central Banks Help Governments Run Bigger Deficits?". Wall Street Journal. March 26, 2012. Retrieved 2012-06-08.
  4. ↑ "Is Price Stability Attainable?". Federal Reserve Bank of Cleveland. June 11, 2007. Archived from the original on July 16, 2011. Retrieved 2009-01-15.
  5. ↑ "Santomero receives Global Citizen Award". Philadelphia Business Journal. July 14, 2005. Retrieved 2009-01-15.
  6. ↑ "Dr. Constantine Papadakis Biography". Drexel University. November 18, 2008. Archived from the original on October 24, 2007. Retrieved 2009-01-15.
  7. ↑ "Global Citizen Award - GIC International Financial Leaders". Global Interdependence Center. Retrieved 2020-02-06.
  8. ↑ "Upcoming Events - GIC International Financial Leaders". Global Interdependence Center. Retrieved 2020-02-06.
  9. ↑ "Archive of Past Events on Global Issues, International Economics, and The Global Economy". Global Interdependence Center. Retrieved 2020-02-06.
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