Seventh Annual Global Economic Forum

July 1, 2004
8:30 A.M. Breakfast/Registration
9:00 A.M.

Title: It’s All About Economic and Financial Literacy: FRBNY Student and Teacher Programs
Description: From student competitions, to professional development programs for educators, the Federal Reserve Bank of New York conducts a wide range of activities intended to promote economic and financial literacy in grades K-16. These programs feature age-appropriate activities for students and professional development for educators.

Robert Diamant, Economic Education Specialist, Public Information Dept.

9:30 A.M.

Title: Building a Banking System in Iraq
Description: In the wake of the overthrow of Saddam Hussein, the New York Fed was asked to provide assistance in setting up a safe, sound, and market-oriented banking system in Iraq. A variety of legal, financial, and cultural issues make this task a daunting one. This presentation, offered by a New York Fed attorney who was sent to Iraq soon after the American occupation, will discuss the Iraqi banking system, the steps that have been taken to improve that system, and the challenges that lay ahead. These topics will be addressed in the course of a presentation of pictures from Iraq that shed light on conditions there and the life of an advisor to the Coalition Provisional Authority.

Michael Silva, Counsel and Vice President, Legal Group

10:30 A.M. Break
10:45 P.M. Title: A,B,Cs of Islamic Financing
Description: Muslim countries play an ever-increasing role in the global financial system. Doing business with Islamic countries requires some understanding of the way the Quran governs financial relationships and impacts on the economy of the nations of the Middle East and Asia. This presentation will look idea some of the basic ideas governing Islamic financing.

Asim Ghanfoor, Managing Director, Washington AG Group

11:45 A.M. Lunch
12:30 P.M.

Title: Global Economic Summit Simulation

Robert Diamant, Chair

2:30 P.M. Adjourn