DILIJAN, ARMENIA — Dr. Vache Gabrielyan, dean of the American University of Armenia Manoogian Simone College of Business and Economics (MSCBE), recently joined a group of international policymakers, central bankers, and academics at the high-level conference titled “Can Nations Agree? Macroeconomic Policy in a Non-Cooperative World,” which took place from June 1-3.
Hosted by the Central Bank of Armenia in partnership with the Reinventing Bretton Woods Committee, the three-day symposium brought together global financial leaders, including governors and senior officials from various central banks, representatives from the International Monetary Fund (IMF) and World Bank, and top-tier scholars from institutions such as Harvard, Oxford, and MIT, to address the fragmentation of international financial architecture.
Dr. Gabrielyan lent his expertise to Session 5: Fiscal Imbalances and Global Debt. The panel critically examined the sharp reduction of global fiscal space following the post-COVID-19 monetary tightening, looking at how governments can balance the competing demands of economic growth, the green transition, and national defense amid historic sovereign debt pressures.
During the panel, Dr. Gabrielyan shared vital perspectives on the pathways of international cooperation required to maintain fiscal balance and discipline in an increasingly fractured political order. He deliberated alongside distinguished fellow panelists, senior representatives from IMF, and government.
The conference proceedings and panel sessions are now publicly available, and the conference recording can be accessed online.
MSCBE continues to champion evidence-based research and high-level dialogue that bridges academic theory with macroeconomic policy.
Founded in 1991, the American University of Armenia (AUA) is a private, independent university located in Yerevan, Armenia, affiliated with the University of California, and accredited by the WASC Senior College and University Commission (WSCUC) in the United States. AUA provides local and international students with Western-style education through top-quality undergraduate and graduate degree and certificate programs, promotes research and innovation, encourages civic engagement and community service, and fosters democratic values.