Although the annual meetings of the World Bank Group (WBG) and International Monetary Fund (IMF) officially begin on October 11th and last until October 13th in Washington DC, IMF Economic Counselor and Director of Research Olivier Blanchard will kick off the week-long series of seminars, regional briefings, press conferences and other events focused on the global economy, international development and the world's financial system with the presentation of the World Economic Outlook on Tuesday at 14:00 London time.
These meetings take place each year and are meant to bring together central bankers, ministers of finance and development, private sector executives and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development and aid effectiveness. At the meetings, the WBG and IMF boards of governors make decisions on how current international monetary issues should be addressed and approve corresponding resolutions.
As far as the markets are concerned, after Blanchard's initial report on IMF perspectives, the next big item on the agenda will come on Wednesday at 13:30 when Financial Counselor and Director of the IMF's Monetary and Capital Markets Department José Viñals presents the Global Financial Stability Report.
At 15:00 later that same day, a seminar on "Unconventional Monetary Policies and their Cross-Country Spillovers" will capture investor attention. The event is moderated by The Wall Street Journal and includes IMF First Deputy Managing Director David Lipton, JP Morgan Global Head of Fixed Income Research Joyce Chang, Chicago Fed President Charles Evans, Bank of Japan Assistant Governor Kazuo Momma and Bank of Mexico Deputy Governor Manuel Ramos-Francia.
Also of note on Wednesday, IMF Managing Director Christine Lagarde is scheduled to participate in the seminar Taxing Times starting at 20:30.
Thursday's events will kick off at 13:45 with the World Bank press briefing led by WBG President Jim Yong Kim. Lagarde will then follow with the IMF's own press briefing at 14:30, while the WBG Eurozone Crisis Seminar simultaneously begins.
Later that same day, Lagarde will also participate in the CNN Debate on the Global Economy beginning at 18:30.
Also of note, a seminar on Policies for Growth and Jobs in Europe is scheduled for 21:00.
The day will end with the G-24 press briefing at 23:30.
On Friday, the IMF will kick off the day with a series of press briefings starting at 13:15 on Europe, the Asia and Pacific economic outlook and Middle East and Central Asia regional economic outlook.
Around midday in Washington, a press briefing on the G-20 meeting is scheduled (18:30 London time).
Practically bringing the event to a close on Saturday, the Per Jacobsson Lecture on international finance, which is sponsored by a foundation set up in honour of the Fund's third managing director, will take place at 22:00. This year's lecturer is former European Central Bank President Jean-Claude Trichet who will speak on "Central Banking in the Crisis -Conceptual Convergence- Open questions on Unconventional Monetary Policy".