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Drake to host panel on International Monetary Fund, World Bank, and the economy

October 25, 2016

Drake University will host a panel discussion Tuesday, Nov. 1, on the topic “Are International Financial Institutions Still Relevant?”

The discussion, sponsored by the Principal Financial Group and the Principal Financial Group Center for Global Citizenship at Drake University, is scheduled for 7 – 8:30 p.m. in Sussman Theater, located in the lower level of the Olmsted Center, 2875 University Avenue, Des Moines. The event is free and open to the public; no tickets are required.

Panelists will include Jim McCaughan, chief executive officer of Principal Global Investors (PGI); Madelyn Antoncic, global head of official sector partnerships at PGI; and Tom Root, associate professor of finance in the Drake University College of Business and Public Administration. They will discuss challenges facing the International Monetary Fund and World Bank, including private capital flows across borders and new international financial institutions led by non-Western powers, such as the New Development Bank and the Asian Infrastructure Investment Bank.

This talk is part of the fall 2016 speaker and film series offered by The Principal Financial Group Center for Global Citizenship at Drake University thanks to sponsorship by Principal.  For more information about the Principal Financial Group Center for Global Citizenship, including details on other upcoming events, visit or contact David Skidmore, professor of politics and international relations at Drake University, at 515-271-3843 or