2017 - 18 Year in Review

Letter from the Director The Initiative on Global Markets (IGM) provides informed, evidence-based thought leadership on how markets work, their effects, and the way they interact with policies and institutions. In doing so, it upholds Chicago Booth’s finest scholarly traditions of pursuing new discoveries and ideas wherever they lead. The IGM supports original research by Chicago Booth faculty, informs the public about important ideas, and promotes high-quality interactions among our faculty, policymakers, business and financial leaders, and leading scholars from other schools. One of the main ways in which the IGM engages the public is through our European and US Economic Experts Panels, two groups of highly respected economists with a keen interest in public policy. The IGM regularly polls these panelists on important policy questions. We display their individual views and comments, as well as the distribution of views for each panel as a whole, to the public through the IGM Forum (igmchicago.org) . The IGM also sponsors public policy talks in our distinguished speakers series, the Myron Scholes Global Markets Forum. Our Scholes series this past year included a fireside chat on political risk with Condoleezza Rice (66th US secretary of state and Denning Professor in Global Business and the Economy at the Stanford Graduate School of Business) and Amy B. Zegart (Davies Family Senior Fellow at the Hoover Institution); a talk on Western political trends by Gillian Tett (US managing editor for the Financial Times ); a lecture on the past, present, and future of globalization by Professor Richard Baldwin (president and director of the Centre for Economic Policy Research and BRIAN BARRY EXECUTIVE DIRECTOR, IGM CLINICAL PROFESSOR OF ECONOMICS, CHICAGO BOOTH