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About


The LSE Global Economic Governance Commission is a forum for debating and redesigning global economic governance.

COVID-19 has presented the world with a new Bretton Woods moment. It has exposed the fragilities of the global monetary order and the dislocations in the global trading system. With economic damages rising and tax revenues falling, it has presented a new crisis for global development and demonstrated the overdue need for global tax coordination. As states have struggled to band together to overcome their shared challenges, it has made clear the difficult road ahead for the global climate agenda.

To steer the much-needed transformation of the rules, practices, and institutions of the global economy, and LSE IDEAS have convened the LSE Global Economic Governance Commission. The Commission brings together leading academics and policymakers around five core domains of global economic governance: monetary policy, trade policy, development policy, tax policy, and climate policy.

The Commission hosts public and closed-door panels, lectures, and workshops on all matters relating to global economic governance. Event details are announced online by LSE and LSE IDEAS.

Commissioners

Minouche Shafik

Baroness Minouche Shafik, Director of The London School of Economics and Political Science

Nemat (Minouche) Shafik is a leading economist, whose career has straddled public policy and academia. She was appointed Director of the LSE in September 2017. Minouche served as the Permanent Secretary of the Department for International Development from 2008-2011, Deputy Managing Director of the International Monetary Fund from 2011-2014 and as Deputy Governor of the Bank of England from 2014-2017.

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Professor Chris Alden, Director of LSE IDEAS

Professor Chris Alden teaches International Relations at The London School of Economics and Political Science (LSE) and is Director of LSE IDEAS. He is a Research Associate with South African Institute of International Affairs (SAIIA).

Nicholas Stern

Professor Lord Nicholas Stern, IG Patel Professor of Economics and Government and Chair of the Grantham Research Institute

Professor Stern is the IG Patel Professor of Economics and Government, Chairman of the Grantham Research Institute on Climate Change and the Environment and Head of the India Observatory at The London School of Economics and Political Science. President of the British Academy, July 2013 – 2017, and was elected Fellow of the Royal Society in 2014.

Andres Velasco

Professor Andrés Velasco, Dean of School of Public Policy, LSE

Andrés Velasco is the Dean of the School of Public Policy at The London School of Economics and Political Science. In 2017-18 he was a member of the G20 Eminent Persons Group. During 2015-16 he co-chaired the Global Panel on the Future of the Multilateral Lending Institutions. Mr Velasco was a presidential candidate in Chile in 2013. He also was the Minister of Finance of Chile between March 2006 and March 2010.

Margaret MacMillan

Professor Margaret MacMillan, Engelsberg Chair at LSE IDEAS

Margaret MacMillan is Emeritus Professor of International History at the University of Oxford and former Warden of St Antony’s College, University of Oxford. She specializes in the history of the British Empire and the international history of the 19th and 20th centuries. Margaret was appointed LSE IDEAS Engelsberg Chair in History and International Affairs in September 2021.

Danny Quah

Professor Danny Quah, Dean of Lee Kuan Yew School of Public Policy, National University of Singapore

Danny Quah is Li Ka Shing Professor in Economics and Dean at NUS’s LKY School of Public Policy. His research is on economic growth and development, income distribution, and globalization, with current focus on inequality and social immobility within nations, and on Great Power politics and world order across economies. Quah is a member of LSE IDEAS Advisory Board, and was founding director of the LSE Saw Swee Hock Southeast Asia Centre, from when he was Professor of Economics and International Development at LSE.

Dani Rodrik

Professor Dani Rodrik, Ford Foundation Professor of International Political Economy, Harvard University

Rodrik is the Ford Foundation Professor of International Political Economy at Harvard's John F. Kennedy School of Government. He is an economist whose research revolves around globalization, economic growth and development, and political economy. His current work focuses on how to create more inclusive economies, in developed and developing societies.

Joseph Stiglitz

Professor Joseph Stiglitz, University Professor at Columbia University

Joseph E. Stiglitz is University Professor at Columbia University. He is the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Institute. A recipient of the Nobel Memorial Prize in Economic Sciences (2001), he is a former senior vice president and chief economist of the World Bank and a former member and chairman of the US President’s Council of Economic Advisers. 

Jayati Ghosh

Professor Jayati Ghosh, Professor of Economics, University of Massachusetts Amherst

Jayati Ghosh is Professor of Economics at the University of Massachusetts Amherst. Her research interests include globalisation, international trade and finance, employment patterns, macroeconomic policy, gender issues, poverty and inequality. She was the Chairperson of the Andhra Pradesh Commission on Farmers’ Welfare in 2004, and Member of the National Knowledge Commission reporting to the Prime Minister of India (2005-09). 

Keyu Jin

Dr Keyu Jin, Associate Professor of Economics, The London School of Economics and Political Science

Dr. Keyu Jin is an Associate Professor of Economics at LSE. Her research is on international economics - such as why capital flows from poor to rich countries, how the global implications of U.S. monetary and fiscal policies have changed; as well as on how the rise of China impacts the global economy, from several perspectives - trade, capital flows, global interest rates and saving, demographics, productivity and technology.

Ngaire Woods

Professor Ngaire Woods, Dean of the Blavatnik School of Government, University of Oxford

Professor Ngaire Woods is the founding Dean of the Blavatnik School of Government and Professor of Global Economic Governance at Oxford University. Her research focuses on how to enhance the governance of organisations, the challenges of globalisation, global development, and the role of international institutions and global economic governance. 

Gabriel Zucman

Professor Gabriel Zucman, Associate Professor of Economics at the University of California, Berkley

Gabriel Zucman is the Director of the James M. and Cathleen D. Stone Center on Wealth and Income Inequality at the University of California at Berkeley. He received his PhD in 2013 from the Paris School of Economics and taught at LSE before joining the Berkeley faculty in 2015. His research focuses on the accumulation, distribution, and taxation of global wealth and analyses the macro-distributional implications of globalization. 

Vera Songwe

Dr Vera Songwe, United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa

Vera Songwe is the United Nations Under-Secretary-General and the 9th serving Executive Secretary of the Economic Commission for Africa (ECA). Songwe’s organisation reforms, focusing on “ideas for a prosperous Africa”, have brought to the fore critical issues of macroeconomic stability; development finance, growth and private sector; poverty and inequality; the digital transformation and data; and trade and competitiveness. 

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Dr Nikhil Kalyanpu is an Assistant Professor in LSE’s International Relations Department. He researches issues at the intersection of international political economy, business-government relations, law, and global governance. More specifically, he analyses how the proliferation of global rules and legal forums can serve as a channel for economic protection and a mechanism to target political competition. His work is published in a number of leading academic journals including the European Journal of International Relations, International Organization, and Perspectives on Politics.

Michael Pettis

Professor Michael Pettis is a finance professor at Peking University and a Senior Fellow at the Carnegie Endowment. Prior to 2002, Pettis spent fifteen years on Wall Street running fixed-income trading and capital markets desks at JP Morgan, First Boston, and Bear Stearns, where he advised Latin American, Asian and Eastern European governments on debt and balance sheet strategies. During the last nine of these years he also taught finance at Columbia University. 

He has published over 200 articles in various leading periodicals along with six books, the most recent of which, ‘Trade Wars Are Class Wars’ (Yale University Press, 2020), was awarded the Lionel Gelber Prize. His previous book, ‘Avoiding the Fall: China's Economic Restructuring, (Carnegie Endowment, 2013), was selected by the Financial Times as one of the top ten books on business and economics in 2013, while the one before that, ‘The Great Rebalancing’ (Princeton University Press, 2013), was selected in 2018 among Barron’s The 7 Best Books about the Financial Crisis.

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Brad W. Setser is the Whitney Shepardson Senior Fellow at the Council on Foreign Relations (CFR) and a leading commentator on international economic policy. He regularly blogs at where he writes about global balance-of-payments, capital flows and sovereign debt with a focus on emerging markets. From 2021-22 Setser served as a senior advisor to the United States Trade Representative. He previously served as a deputy assistant secretary in the U.S. Treasury from 2011 to 2015, where he worked on euro crisis, foreign exchange policy, financial sanctions, commodity shocks and debt crises, and as a staff economist on the National Economic Council and the National Security Council.  

 

Team

 2023 Team

Rohan Mukherjee

Dr Rohan Mukherjee is Executive Director of the commission. His research focuses on rising powers and how they navigate the power and status hierarchies of international order. His book, Ascending Order: Rising Powers and the Politics of Status in International Institutions was published in the Cambridge Studies in International Relations series with Cambridge University Press in autumn 2022. It shows that whether rising powers cooperate with, challenge, or try to reform an international order depends on the extent to which its core institutions facilitate symbolic equality with the great-power club. His regional focus is on the Asia-Pacific, particularly how major powers such as India, China, the United States, and Japan, and smaller states in South and Southeast Asia, manage the regional effects of global transitions.

stephen paduano

Stephen Paduano is Research Director of the commissions. He is a PhD candidate at the London School of Economics. He studies Chinese investment and development policy in sub-Saharan Africa. His research is at the intersection of macroeconomics, development, and international political economy. Stephen’s PhD is funded by the Michael Leifer Scholarship, and his fieldwork is supported by the Sir Patrick Gillam Scholarship Fund. He has taught “China & The Global South” and “International Political Economy” at the London School of Economics, and he teaches “Critical Theories of International Relations” and “Global Development” at Sciences Po (Paris).

 

2022 Team

Stephen Paduano is Executive Director of the LSE Global Economic Governance Commission.

Adam Shaw is Deputy Director of the LSE Global Economic Governance Commission.

Dominik Leusder is Research Director of the LSE Global Economic Governance Commission.

Julia Ryng is Project Manager of the LSE Global Economic Governance Commission.

 

 

 

 

Contact us

Address

LSE IDEAS, Floor 9, Pankhurst House, 1 Clement's Inn, London, WC2A 2AZ

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