Lecture Abstract
The world truly needs a reliable digital currency and infrastructure that together can deliver on the promise of “the internet of money.” The mission for Libra is to enable a simple global currency and financial infrastructure that empowers billions of people. This lecture will be focused on the questions of why is the Libra project controversial, where is the focus? From the perspectives of officials and industries in developed countries such as the United States, what are the main concerns and requirements of all parties? How do you look at the prospects of Libra; will it eventually be launched? How should we deal with it; can the central bank digital money deal with it effectively?
Speaker Biography
Jian-Ye Wang, Professor of Economics and Director of the Volatility Institute at NYU Shanghai
Jian-Ye Wang is Professor of Economics and Co-Director of the Volatility Institute at NYU Shanghai. He is also a Governor of the CCL (Centre for Creative Leadership) Board and member of the Middlebury Institute of International Studies Advisory Council.
Prior to joining NYU Shanghai, he was Economic Counselor and Chief Economist of the Export-Import Bank of China (China Exim Bank), held various positions at the International Monetary Fund, and also served as Adjunct Professor of Economics at Peking University's School of Economics. He holds a PhD and MA in Economics from Columbia University and a BA from Peking University.
Professor Wang was a Fulbright Scholar, a recipient of the Alfred P. Sloan Research Fellowship and the IMF Africa Department Best Staff Report Award.