Economic and Financial Committee
Approximately 95 Delegations - Double Delegate
Topic A: The Global Debt Crisis and Sovereign Debt Restructuring
Topic B: Regulation of Artificial Intelligence in Financial Markets
Welcome to ECOFIN, where delegates are going to deal with the issue of global economic stability at the time of trade and geopolitical problems and fast technological changes. While countries are switching to protectionist measures and developing new supply lines, economic systems are being disrupted by automation and others. Governments will try to find ways to keep the economy growing by being inclusive and providing resilience. The delegates will study how institutions like the IMF, World Bank, and WTO can change their operational models according to the latest challenges, help reduce inequalities and make the necessary changes to the global financial system to regain trust in the cooperation of multiple states. They will also offer solutions through a heated discussion that at the same time will be balanced and futuristic and will secure for the world the sustainable development, fair trade, and economic security in the long run that are essential in this increasingly interconnected world.