European Economic Growth & Its Importance to American Prosperity
On Tuesday, March 21, 2017 the British American Business Council of Greater Philadelphia partnered with the German, French, Italian and Swedish Chambers of Commerce for a presentation about European economic growth and its importance to American prosperity. More than 40 individuals from the various international groups attended the informative session held at Montgomery McCracken Walker & Rhoads LLP. Dr. Andrea Montanino, Director, Global Business & Economics and C. Boyden Gray Fellow on Global Finance and Growth for the Atlantic Council spoke in great detail about the European economy and its relationship to the United States.
Dr. Montanino leads the Atlantic Council’s work on global trade, growth, and finance. He formerly acted as executive director of the International Monetary Fund (IMF), representing the governments of Italy, Albania, Greece, Malta, Portugal, and San Marino. Before joining the IMF, he was a career officer in the Italian Ministry of Finance from 2006 to 2012. He also previously spent four years (2001-05) at the European Commission in the Directorate General for Economic and Financial Affairs.
Dr. Montanino’s discussion with the European Chambers of Commerce in Philadelphia focused on the importance of restoring European economic growth, safeguarding the European project, and reinvigorating the transatlantic alliance. Dr. Montanino presented European and American expert analysis of the challenges facing Europe and how to address them in the short, medium, and long term. The Atlantic Council’s Global Business & Economics Program Charting the Future Now publication examines his speaking points in great detail. Click here to access the complete report.
In a nutshell, Europe and the United States need each another. The geopolitical changes occurring throughout the world must engage both regions to focus not only on short term trade agreements and the economic implications of such negotiations, but must plan for the longer term. Issues such as Brexit, immigration, energy, etc. are impacting the economic changes we are feeling throughout the globe. London is the economic hub of European finance, and the UK, EU, and US have been and will continue to be strong partners if we focus on the future, and long term planning is the ultimate goal.
The British American Business Council thanks the German Chamber for inviting us to participate in this timely lunch discussion. We look forward to hosting Dr. Montanino back to the region in the early Autumn of 2017 to provide an update on Brexit and the economic relationship between Europe and the United States. We hope you will join us for this program. More information to follow shortly.
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