Although international financial crises vary, both in terms of their underlying causes and their manifestations, they also share certain patterns. In his remarks, Mr. Hagan will explore these patterns and discuss efforts by the official sector to both prevent financial crises and mitigate their effects. 

Sean Hagan is the former General Counsel and Director of the Legal Department at the IMF, advising the fund’s management, executive board and membership on all legal aspects of the fund’s operations, including its regulatory, advisory and lending functions. He 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. Before joining the IMF, he was in private practice in New York and Tokyo.