2015-16 IGM Year in Review

8 The goal of the China Economics Summer Institute (CESI) is to enhance economic research on China by connecting promising young researchers with experienced scholars (who know the country well) to gain insights into important institutional characteristics of China’s economy. The CESI, which held its eighth annual conference at Peking University in Beijing in August 2015, has become recognized as a high-quality gathering for researchers studying China. In November 2015, the IGM organized a small high-level meeting on the financial crisis. This meeting was part of a series of such gatherings that the IGM began holding in 2009, when it arranged the first such meeting on “Saving the Financial System.” Participants included Brian Barry, Anil Kashyap, and Luigi Zingales from Chicago Booth; academics from other schools; central bank officials; and senior managers of global financial institutions. Within the past few decades, the rise of international financial market integration and the importance of understanding the interactions between various political and economic institutions have posed new questions and generated greater discussion among global capital market scholars. The Initiative on Global Markets at Chicago Booth and the University of North Carolina Kenan-Flager Business School hosted the 2015 Global Issues in Accounting Conference from September 18–19 at Chicago Booth’s Harper Center. The purpose of the conference was to facilitate meaningful and collaborative discussions about topics in new global capital markets research. This year, a diverse group of speakers and participants from economics, finance, and accounting engaged in collaborative and in-depth discussions about current global capital research. Speakers included Ray Ball (Chicago Booth), Morten Bennedsen (INSEAD), Anya Kleymenova (Chicago Booth), Xi Li (Temple University), Darius Miller (Southern Methodist University), T.J. Wong (The Chinese University of Hong Kong), and Luigi Zingales (Chicago Booth). In October 2015, the IGM cosponsored a conference with the Brookings Institution in Washington, DC. The authors of the 2015 US Monetary Policy Forum report—James Hamilton (UCSD), Ethan Harris (Bank of CHINA ECONOMICS SUMMER INSTITUTE FINANCIAL CRISIS MEETINGS 2015 GLOBAL ISSUES IN ACCOUNTING CONFERENCE WHERE INTEREST RATES WILL BE WHEN THE ECONOMY IS (FINALLY) HEALTHY AND WHY IT MATTERS