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WRITER: JESSICA SNOWDEN
CONTACT: LOIS GRAY
International Programs
Iowa City IA 52242
(319) 335-2026
e-mail: lois-gray@uiowa.edu

Release: Dec. 6, 2000

UI professor to speak about Third World economics Dec. 12

IOWA CITY, Iowa — William P. Albrecht, a University of Iowa economics professor, will speak to the Iowa City Foreign Relations Council about "Globalization and the Conspiracy Against the Third World," at noon Tuesday, Dec. 12 at noon in the Rockwood Fellowship Hall of the Congregational Church, 30 N. Clinton St., Iowa City. The program is open to the public.

In addition to his position in economics, Albrecht is the Justice Professor of International Business and director of the Institute of International Business at the UI Tippie College of Business.

He visits Asia and Latin America frequently to study the development and regulation of financial markets and has published widely on these topics. He was a Catalyst Institute Scholar as well as the first UI Global Scholar. He speaks frequently at international meetings about the regulation of international financial markets.

Albrecht served as a commissioner on the U.S. Commodity Futures Trading Commission (CFTC) and then as acting chairman from 1993 to 1998. During this time he also served as the commission's representative to the International Organization of Securities Commissions (IOSCO). He served as chair of the IOSCO Task Force on Derivatives and director of the IOSCO Emerging Markets Committee's Derivatives Project.

He has consulted for the World Bank and advised financial institutions and governments in Africa, Asia, Australia and Latin America on the development of regulatory systems for futures and options exchanges.

The deadline to register for the program is noon Monday, Dec. 11. Taste of China will cater the luncheon, and the cost is $6 for members and $7 for non-members. Checks may be written to the Iowa City Foreign Relations Council and mailed to ICFRC, 120 International Center, Iowa City, Iowa 52245-1802. For more information, call 335-0351. They are unable to take reservations by phone but last minute adjustments may be made.

Albrecht's presentation is co-sponsored by International Programs and is presented in part with the support of Iowa Book, LLC. For those unable to attend, WSUI-AM (910) will carry this program on Wednesday, Dec. 13 following the noon news.

The Iowa City Foreign Relations Council is a non-profit association of community and university people interested in learning more about U.S. foreign policy, world affairs and current global issues impacting world societies. The group provides members with the opportunity to hear more than 35 experts per year who visit the University of Iowa campus and the Iowa City/Cedar Rapids area.

ICFRC is part of the UI International Programs, which consists of a number of offices, centers, degree programs, academic programs, research projects and services. Organized under the associate provost and dean for International Programs, these units serve to further internationalize the campus and community and promote global scholarship, research and teaching.