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IMF expert to address island Democrats on financial crisis

February 19, 2014
Special to the Reporter ( , Island Reporter, Captiva Current, Sanibel-Captiva Islander

Dr. John T. (Jack) Boorman will address the Democratic Club of the Islands on "The Financial Crisis: Its Cost, Legacy and Impact on Inequality" at the Sanibel Public Library on Thursday, Feb. 27 at 7 p.m. The meeting is free and open to the public.

Boorman was the director of the Policy Development and Review Department of the International Monetary Fund from l990 to 2002. Subsequently, he served as counsellor and special advisor to the managing director until 2006. Earlier in his career, Boorman held positions in the Asian and European Departments of the IMF.

He also taught at the Universities of Southern California and Maryland, and was in the Research Department of the Federal Deposit and Insurance Corporation. As an author, Boorman covered diverse topics in his books and papers, such as macroeconomics, monetary theory, developing country debt, merging market issues, international insolvency, international governance, as well as IMF policies.

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Currently serving as advisor to the Independent Evaluation Office of the IMF, Boorman continues to write and speak from his broad economic background. Most recently he served as a member of the Palais Royal Group, comprising eminent persons from around the world, that produced a report recommending reform to the international monetary system. Boorman and his wife Helen live in Sanibel from November through April and spend significant time in Washington, D.C.

The Democratic Club of the Islands is an authorized organization of the Lee County Executive Committee, which exists to stimulate interest in political and governmental affairs, to educate the electorate about issues and to further the ideals and principles of the Democratic Party. The club invites anyone interested in financial inequality issues to attend on Thursday, Feb. 27 at 7 p.m. at the Sanibel Public Library. Contact or call 395-9078 for more information.



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