Shaping the world economy

Phil Dybvig headshot
Dybvig is the Boatmen’s Bancshares Professor of Banking and Finance at Olin, and the Dean of the Institute of Financial Studies at the Southwestern University of Finance and Economics in Chengdu, Sichuan province, China. He is co-author of the Diamond-Dybvig model of bank runs and related financial crises.

Olin Business School professor Phil Dybvig’s expertise is in shaping the world economy. Dybvig was one of six distinguished academics invited to address the G7 summit held May 11-13, 2017 in Italy. The G7 is a meeting of the world’s seven most industrialized economies. It plays an important role in shaping nations’ responses to global challenges and complements the G20 summit, an international forum for the governments and central bank governors of 20 major economies.

The G7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.

Dybvig was invited to present his recommendations on bank regulation and growth to the finance ministers and central bank governors attending the summit.

Recommendations from the G7 are shared with world leaders at the G20 summit, held July 7 and 8 this year in Germany. The G20 is the most important forum for global economic and financial cooperation and discussion,  seeking to strengthen international cooperation and ensure global economic stability.

Read more in the Olin blog.