Global Interdependence Center

From Wikipedia, the free encyclopedia
Jump to: navigation, search

The Global Interdependence Center (GIC) is a Philadelphia-based non-profit organization that holds conferences and programming to increase global dialogue and promote free trade, in order to improve cooperation and understanding among nation states, with the goal of reducing international conflicts and improving worldwide living standards.[1]


The GIC was founded in 1976 during Philadelphia's Bicentennial Celebration at convocation of leading United Nations and U.S. officials.[1] Its vision was affirmed in a Declaration of Interdependence, which was crafted by historian Henry Steele Commager and signed by international dignitaries. Early leaders in the organization included Nobel Laureate Dr. Lawrence Klein, Benjamin Franklin Professor of Economics and Finance at the University of Pennsylvania.

Notable Programming[edit]

GIC hosts and sponsors many programs throughout the year, both in Philadelphia, where it is based, and abroad. Programming comprises international trips, domestic conferences and roundtable discussions. Included among these programs are:

Annual Monetary and Trade Conference: This gathering together of global leaders has been held since 1979. Past speakers include Paul Volcker, chair of the International Accounting Standards Board and former chairman of the Board of Governors of the Federal Reserve System, Lawrence Kudlow and Robert Hormats, noted free-market economists, as well as chief economists for the International Monetary Fund and representatives from global finance and trade organizations.

The Central Banking Series: This series assembles well-known bankers to speak on their countries' monetary policies, their views on U.S. economics and the business ramifications of monetary systems. Recent speakers have included Christian Noyer, governor of the Banque de France and Richard Fisher, president of the Federal Reserve Bank of Dallas.[2]

GIC Abroad: Delegations have visited France,[3] Ireland,[4] Estonia, Chile, South Africa and Israel. Delegations generally include business leaders from the United States as well as representatives from central banks of various nations.

Celebration of Interdependence: Formerly the Annual Black Tie Gala, the annual Celebration in Philadelphia sees the presentation of the Global Citizen Award to individuals who demonstrate exceptional service to the increasingly global community. Recent honorees include Anthony Santomero, former president of the Philadelphia Federal Reserve Bank, in 2005,[5] Michael Heavener, executive vice president and head of Wachovia Bank's Global Financial Institution and Trade Division, in 2006, Dr. Constantine Papadakis, president of Drexel University, in 2007,[6] Edward G. Boehne, former president of the Philadelphia Federal Reserve Bank, in 2008, and long-time Board Members Sharon Javie and Bill Dunkelberg in 2012.[7] In addition, Dr. Roger W. Ferguson Jr., president and CEO of TIAA-CREF, was awarded the Fred Heldring Global Leadership Award in 2006.[citation needed]

Recent & Upcoming Programming[edit]

Date Location Title
January 15, 2014 New York, N.Y. Puerto Rico Debt: Questions and Answers
February 6, 2014 Sarasota, Fla. Economic Outlook with Eric Rosengren
February 24, 2014 Phoenix, Ariz. Southwest Economic Summit
March 10–11, 2014 Paris, France Monetary Policy and Banks and the Rise of Global Protectionism
April 16, 2014 Philadelphia, Pa. 32nd Annual Monetary and Trade Conference
May 8, 2014 London, U.K. Monetary Policy and Currency Issues in 2014: QE or Not QE
May 19, 2014 New York, N.Y. Managing Currency Risk in the ETF Space
June 19, 2014 Virtual Transitioning to a New Equilibrium of a Growth-Driven Market
July 11, 2014 Jackson Hole, Wyo. Sixth Annual Rocky Mountain Economic Summit
July 14, 2014 Salt Lake City, Utah The Bottom Line of Disabilities
July 30, 2014 Virtual What to Expect from the FOMC
August 27, 2014 Virtual Twenty-One Quarters and Counting. How Long will the Expansion Last?
September 10, 2014 Virtual The Ebola Virus: Chilling
September 19, 2014 Philadelphia, Pa. Gearing for the Future of Risk Management
September 24, 2014 Virtual The Pythagorean Theorem of Financial Repression
October 9, 2014 Philadelphia, Pa. Aluminum Futures: Global Interdependence and Extractive Industries
October 17, 2014 Philadelphia, Pa. Celebration of Interdependence
December 15, 2014 Philadelphia, Pa. The Nordic Economic Model: Successes, Challenges and the Future
February 2, 2015 Sarasota, Fla. The Economic Outlook
February 18, 2015 New York, N.Y. Commodities
March 23, 2015 Paris, France New Policies for the Post Crisis Era
July 10, 2015 Jackson Hole, Wyo. Seventh Annual Rocky Mountain Economic Summit

[8] and [9]


  1. ^ a b "About Us". Global Interdependence Center. Retrieved 2009-01-15. 
  2. ^ "Challenges for Monetary Policy in a Globalized Economy". Federal Reserve Bank of Dallas. January 17, 2008. Retrieved 2009-01-15. 
  3. ^ "Should Central Banks Help Governments Run Bigger Deficits?". Wall Street Journal. March 26, 2012. Retrieved 2012-06-08. 
  4. ^ "Is Price Stability Attainable?". Federal Reserve Bank of Cleveland. June 11, 2007. Retrieved 2009-01-15. 
  5. ^ "Santomero receives Global Citizen Award". Philadelphia Business Journal. July 14, 2005. Retrieved 2009-01-15. 
  6. ^ "Dr. Constantine Papadakis Biography". Drexel University. November 18, 2008. Retrieved 2009-01-15. 
  7. ^
  8. ^
  9. ^

External links[edit]