IMF Global Economic Outlook, A Luncheon Presentation by former Harvard professor OLIVIER BLANCHARD, Economic Counselor & Director of Research Department, International Monetary Fund

In its world economic update report released in April, the International Monetary Fund expects world output to rise by about 4.25 percent, following a 0.5 percent contraction in 2009. Economies that are off to a strong start are likely to remain in the lead. Meanwhile, Europe’s sovereign-debt crisis has cast a shadow over the global economic outlook. Will Europe’s debt crisis spin out of control? What are the prospects for a global recovery? Can Asian economies lead the way? Olivier Blanchard is Economic Counselor and Director of the Research Department at the International Monetary Fund. He is currently on leave from the Massachusetts Institute of Technology where he is the Class of 1941 Professor of Economics. Prior to MIT, Professor Blanchard taught at Harvard University from 1977 to 1983. A macroeconomist, he has worked on a wide set of issues including the role of monetary policy and the nature of speculative bubbles and has collaborated with numerous countries and international organizations. He is the author of many books and articles, including two textbooks in macroeconomics, one co-authored with Stanley Fischer. Professor Blanchard obtained his Ph.D in economics at the Massachusetts Institute of Technology.

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