Monday, February 26, 2018
Corruption is a universal challenge. Corruption undermines economic development, sows distrust in democratic institutions, deepens inequality, and corrodes civil society. The International Monetary Fund (IMF) has taken a strong position in combatting corruption. What drives corruption? Why does corruption matter? What are the economic costs of corruption? Which anti-corruption strategies are the most effective? And what is the most effective role for the IMF to perform (or refrain from) in anti-corruption reform? In this moderated discussion with CMC President Hiram Chodosh, Sean Hagan P'20, general counsel and director of the legal department at the IMF, will address these and other major questions confronting the IMF in its sustained reform efforts.
Sean Hagan P'20 is general counsel and director of the legal department at the International Monetary Fund. In this capacity, Hagan advises the Fund’s management, executive board, and membership on all legal aspects of the Fund’s operations, including its regulatory, advisory and lending functions. Hagan has published extensively on both the law of the Fund and a broad range of legal issues relating to the prevention and resolution of financial crisis, with a particular emphasis on insolvency and the restructuring of debt, including sovereign debt.
Prior to his tenure at the IMF, Hagan was in private practice, first in New York and subsequently in Tokyo. He received his Juris Doctor from the Georgetown University Law Center and also received a Masters of Science in International Political Economy from the London School of Economics and Political Science.