Laura DeLacy
Showing 1–3 of 3 transcripts.
- Milken Institute31 min
The Future of Currency and the Global Financial System - Conference Call Series
John Lee, Dr. Jianguang Shen, Dr. Michael Hasenstab, Dr. William Lee, Laura DeLacy
Milken Institute and global experts convened to analyze the pandemic's dual transformation of health innovation and macroeconomic policy, where central banks have shifted from resolving liquidity crises to addressing a solvency crisis driven by historic deficits and surging savings. The discussion highlighted divergent strategies in digital currency, with China mandating a state-controlled CBDC to dismantle private payment monopolies, while the United States and other nations grapple with private sector experiments like Libra against a backdrop of eroding central bank credibility. Ultimately, participants warned that the "double unknown" of implementing new monetary technologies during aggressive fiscal expansion poses significant leverage risks, particularly for emerging markets with fragile banking systems.
- Milken Institute33 min
The World Post COVID-19: Silver Linings for Business - Conference Call Series
Laura Deal Lacey, Oriel Morrison, Raj Ganguly, Magnus Grimeland, Chatri Sityodtong, Laura DeLacy
The Milken Institute convened a global webinar series featuring leaders from B Capital, Antler, and ONE Championship to analyze the unprecedented economic and societal shifts driven by the COVID-19 pandemic. These experts detailed how the crisis has halted traditional sectors while accelerating growth in digital health and education technology, prompting entrepreneurs to adopt a "warrior mentality" to secure supply chains and generate employment. The discussion further emphasized that while immediate survival strategies focus on short-term profitability, the long-term outlook predicts permanent structural changes in global governance and supply chain management.
- Milken Institute44 min
The Impact of COVID-19 on Real Estate Investment - Conference Call Series
Peggy Sito, Hugh Andrew, Stuart Crow, Kenneth Gaw, Abhinav Ram Reddy, Laura DeLacy, Kenny Goh, Abhinav Reddy
This analysis details the severe contraction in Asia-Pacific real estate activity during early 2020, where transaction volumes fell 30% and specific sectors like hospitality and construction faced operational collapses due to pandemic restrictions. Despite current distress, investor sentiment remains cautiously optimistic with significant capital reserves poised to deploy once clarity emerges, while institutional players shift focus toward defensive assets like logistics, data centers, and medical facilities. Forecasts suggest a recovery timeline two to three times the duration of the lockdown, with markets possessing strong domestic fundamentals expected to rebound faster than those reliant on tourism and external trade.