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Global Economic Forum
A Two-Day Seminar for High School Social Studies Teachers
June 29–30, 2009
San Antonio, Texas
This forum helped high school educators understand globalization as it relates to the current worldwide financial crisis.
The global economy is experiencing extraordinarily challenging times, with both developed and developing countries falling deeper into recession. What once was considered a very positive phenomenon of globalization and integration of world economies is now being questioned. No country seems insulated from the financial crisis.
The Global Economic Forum, a two-day conference, addressed the current situation in the global economy. Participants examined globalization-related issues and classroom resources that can be used in helping secondary students understand how our world became so interconnected. On the second day, the New York, Boston and Dallas Feds participated in a videoconference addressing regional perspectives of the current crisis.
Fast Facts
Date and Time
- Monday, June 29
8:30 a.m.–4:15 p.m.
Reception 4:30–5:30 p.m.
- Tuesday, June 30
8 a.m.–3:30 p.m.
Location
- Federal Reserve Bank of Dallas
San Antonio Branch
126 E. Nueva Street
San Antonio, TX 78204
More Information
- Rachel Peña
Phone: 210-978-1663 or e-mail 
- Elizabeth Waddle
Phone: 800-333-4460, ext.
25276, or e-mail 
Presentations
- Financial Globalization

Mark A. Wynne
Vice President and Director, Globalization and Monetary Policy Institute
Federal Reserve Bank of Dallas
- Texas Economic Outlook: Recovery in 2010

Keith Phillips
Senior Economist and Policy Advisor, San Antonio Branch
Federal Reserve Bank of Dallas
- Helping Students to Understand the Complexities of the Global Economy

Anne Macy
Gene Edwards Professor of Finance
West Texas A&M University
- Globalization101

Rebecca Smolar
Project Manager
Levin Institute
Using Dallas Fed Publications in the Classroom
- International Trade, Everyday Economics series

Blair Roberts
Economic Education Specialist
Federal Reserve Bank of Dallas
- Southwest Economy: The Maquiladora’s Changing Geography

Economic Letter: The Big Mac: A Global-to-Local Look at Pricing
Princeton Williams
Senior Economic Education Specialist
Federal Reserve Bank of Dallas
Keynote Address (via Video Conference)
- Global Implications of the U.S. Financial Crisis
Mark Zandi
Chief Economist and Cofounder
Moody’s Economy.com
Expert Panel Discussion (via Video Conference)
Regional Perspectives of the Global Economy
- China

Dwight Perkins
Harold Hitchings Burbank Professor of Political Economy
John F. Kennedy School of Government
- Europe
Amy Medearis
Senior Economist
Delegation of the European Commission to the United States
- Latin America

Ed Skelton
International Financial Analyst
Federal Reserve Bank of Dallas
Speakers
Anne Macy
Gene Edwards Professor of Finance
West Texas A&M University
Canyon, Texas
Macy teaches finance and investment courses at West Texas A&M and frequently speaks at financial and economic education seminars. She is widely published in such journals as the Journal of Economics and Economic Education Research, Southwestern Economic Review and Journal of Entrepreneurship Education. Macy is the recipient of numerous distinguished research and outstanding professor awards. She serves on the editorial review board of the Institute of Finance Case Research and the Academy for Economics and Economic Education. She is secretary/treasurer for the Southwestern Society of Economists and an active member of the Texas Council on Economic Education. Macy holds a bachelor’s degree in economics from the University of South Dakota and master’s and doctoral degrees in economics from Texas Tech University.
Amy Medearis
Senior Economist
Delegation of the European Commission to the United States
Washington, D.C.
Medearis joined the delegation of the European Commission in 2003 as senior economist in the Economic, Financial and Development Affairs section. She monitors macroeconomic and economic policy developments in the United States and Europe and helps foster U.S.–European cooperation on economic, financial and employment issues. Prior to joining the commission, Medearis served as vice president and Europe analyst for the G7 Group Inc., a consulting firm that provides economic policy analysis to financial services companies. In 1994, she worked in Germany at the Ministry of Economics of the state of Brandenburg and in the economic research department of Dresdner Bank as a Robert Bosch Fellow. In 1990, Medearis participated in the European Commission’s trainee program as one of a small number of Americans offered the opportunity to get an inside look at the workings of the European Union. She was awarded a Fulbright Scholarship in 1989–90. Medearis earned a bachelor’s degree in comparative area studies from Duke University and a master’s degree in international economics from the Johns Hopkins University Paul H. Nitze School of Advanced International Studies.
Dwight Perkins
Harold Hitchings Burbank Professor of Political Economy
John F. Kennedy School of Government
Harvard University
Cambridge, Mass.
Perkins is the Harold Hitchings Burbank Research Professor of Political Economy in the Faculty of Arts and Sciences. Previous positions at Harvard include director of the Harvard University Asia Center, associate director of the East Asian (now Fairbank) Research Center, chair of the economics department and director of the Harvard Institute for International Development. Perkins has authored, coauthored or edited 19 books and numerous articles on economic history and economic development, with special references to the economies of East and Southeast Asia. Topics include the transition from central planning to the market, long-term agricultural development, industry policy, the underlying sources of growth in East Asia and the role of economic and legal institutions in East Asian growth. He has served as an adviser or consultant to the governments of Korea, China, Malaysia, Vietnam, Indonesia and Papua New Guinea. He has also been a long-term consultant to the World Bank, the Ford Foundation and various U.S. government agencies, including the U.S. Senate Permanent Subcommittee on Investigations. Perkins is a member of the American Philosophical Society. He received his bachelor’s
degree from Cornell University and his master’s and doctoral degrees in economics
from Harvard University.
Keith Phillips
Senior Economist and Policy Advisor, San Antonio Branch
Federal Reserve Bank of Dallas
Phillips joined the Federal Reserve Bank of Dallas in January 1984. His areas of concentration include regional economics and economic forecasting. Phillips developed business-cycle indexes for Texas and its major metro areas, which he uses to analyze business conditions in those regions. In August 1996, Phillips transferred to the San Antonio Branch to improve the regional economic coverage of the Dallas office and to better serve the needs of the South Texas community. His research and analysis have been covered in media such as CNN, The News Hour with Jim Lehrer, USA Today, BusinessWeek, Wall Street Journal, New York Times, MSNBC and in media throughout Texas. He is a contributing member of the Western Blue Chip Economic Forecasting Group, where he has been the most accurate Texas forecaster for eight of the past 13 years. He teaches courses in econometrics and forecasting at Trinity, Incarnate Word and St. Mary’s universities. He also teaches courses in managerial economics in the executive M.B.A. program at the University of Texas at San Antonio. Phillips holds a B.A. and M.A. in economics and a bachelor’s of journalism degree in news/editorial from the University of Missouri at Columbia. Phillips earned his Ph.D. in economics from Southern Methodist University.
Blair Roberts
Economic Education Specialist
Federal Reserve Bank of Dallas
Roberts joined the Federal Reserve Bank of Dallas as an economic education specialist in July 2008. Prior to coming to the Bank, he taught economics, AP economics, AP government and AP comparative government at Robert E. Lee High School in Midland, Texas. He has also been an instructor at the University of Texas of the Permian Basin (UTPB) and Texas Tech University. Before becoming a teacher, Roberts worked for the Bernard and Audrey Rapoport Foundation in Waco, Texas. Roberts received his B.S. in economics from Texas A&M University, his M.S. in economics from Baylor University and an M.A. in education from UTPB.
Ed Skelton
International Financial Analyst
Federal Reserve Bank of Dallas
As a business economist, Skelton’s primary analysis concerns the economies of Latin America with a focus on the banking industry and the financial system. This work supports the Federal Reserve Bank’s supervision of foreign banks with offices in the United States. He has appeared on National Public Radio, and his work has been cited in the Wall Street Journal, BusinessWeek, Newsweek, specialized industry publications and academic studies as well as prominent daily newspapers in the U.S., Mexico, Brazil and many other Latin American countries. Skelton is an adjunct professor of economics at Southern Methodist University, where he has received numerous awards for teaching excellence. Skelton received a B.B.A. in economics from Baylor University and an M.A. in economics from Southern Methodist University.
Rebecca Smolar
Project Manager, Globalization101.org
Levin Institute
New York, N.Y.
Smolar is a project manager of the Globalization101.org project at the Levin Institute and is responsible for website content and marketing. Previously, Smolar was an officer of public affairs at the Embassy of Israel in Washington, D.C., where she was in charge of the education portfolio. She earned her bachelor’s degree in psychobiology from Binghamton University and her master’s degree in international communications from American University.
Princeton Williams
Senior Economic Education Specialist
Federal Reserve Bank of Dallas
Williams joined the Federal Reserve Bank of Dallas as senior economic education specialist in 2006. Before coming to the Bank, he taught economics, AP macroeconomics and AP microeconomics at Paschal High School in Fort Worth. As lead AP economics teacher for the Fort Worth Independent School District, Williams coauthored the district’s economics curriculum, mentored new economics teachers and conducted citywide review sessions for AP students. Williams interned in the economic and market analysis division of the U.S. Department of Housing and Urban Development during his graduate studies. He is an adjunct instructor of economics at the Dallas–Fort Worth campus of Concordia University Texas. Williams received a B.B.A. from Southern Methodist University and an M.A. in economics from the University of Texas at Arlington.
Mark Wynne
Vice President; Director, Globalization and Monetary Policy Institute
Federal Reserve Bank of Dallas
Wynne’s primary research interests are in monetary economics and international macroeconomics, work that has been published in many leading professional journals. He is director of the Dallas Fed’s recently established Globalization and Monetary Policy Institute and has taught at the University of Rochester and Southern Methodist University. Wynne previously worked on issues related to monetary policy strategy under economic and monetary union for the European Monetary Institute and later the European Central Bank. Wynne holds first-class honors B.A. and M.A. degrees from the National University of Ireland (University College Dublin) and an M.A. and a Ph.D. from the University of Rochester.
Mark Zandi
Chief Economist and Cofounder
Moody’s Economy.com
West Chester, Pa.
Zandi is chief economist and cofounder of Moody’s Economy.com, where he directs the company’s research and consulting activities. Moody’s Economy.com, a division of Moody’s Analytics, provides economic research and consulting services to businesses, governments and other institutions. Zandi’s research interests include macro, financial and regional economics. His recent research has studied the determinants of mortgage foreclosure and personal bankruptcy, analyzed the economic impact of various tax and government spending policies and assessed the appropriate policy response to bubbles in asset markets. He served as an economic adviser to the John McCain campaign for president, has provided advice to the Obama administration and regularly testifies in Congress. His most recent testimony has been on the economic impact of fiscal stimulus and the merits of providing government aid to the vehicle industry. Zandi earned his bachelor’s degree from the Wharton School at the University of Pennsylvania and his doctoral degree from the University of Pennsylvania.
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