Experts to Share Financial Forecast for Region, Nation, World

Ohio Wesleyan to Host 2012 Economic Outlook Conference Oct. 11

Experts James T. Bang (left), Pedro Amaral, and Kenny McDonald will share their predictions for the local, national, and international economies Oct. 11 at Ohio Wesleyan University’s 2012 Economic Outlook Conference.

DELAWARE, OHIO –Three economics experts will share their predictions for the local, national, and international economies at Ohio Wesleyan University’s 2012 Economic Outlook Conference.

The conference will begin at 7:30 p.m. Oct. 11 in the Benes Rooms of Hamilton-Williams Campus Center, 40 Rowland Ave. The event is free and open to the public. The discussion also will be streamed live online at StreamOWU.

Participating on this year’s panel are James T. Bang, Ph.D., an assistant professor of economics at St. Ambrose University in Iowa; Pedro Amaral, Ph.D., a senior research economist for the Federal Reserve Bank of Cleveland; and Kenny McDonald, chief economic officer for Columbus 2020.

The 2012 Economic Outlook Conference is co-sponsored by Ohio Wesleyan’s Department of Economics and by the university’s Woltemade Center for Economics, Business, and Entrepreneurship. During the conference, each expert will speak for 15 minutes and then respond to questions and comments from the audience. Goran Skosples, Ph.D., Ohio Wesleyan assistant professor of economics, will serve as moderator.

About the panelists:

  • International overview: James T. Bang, Ph.D., is an assistant professor in St. Ambrose University’s Department of Finance, Economics and Decision Science. Historically, his research has combined elements of immigration, institutional economics, economic growth, discrimination, and armed conflict. His current work examines connections between the quality and stability of a country’s financial and political institutions and its issues with brain drain and remittances. His research also compares a country’s security, conflict, and state failure with its rate of economic growth.
  • National overview: Pedro Amaral, Ph.D., is a senior research economist in the Research Department of the Federal Reserve Bank of Cleveland. Amaral’s main areas of research are macroeconomics and labor economics. He is particularly interested in studying the effects of financial intermediation frictions as well as episodes of the Great Depression in countries where it occurred. Prior to joining the Bank, he worked as an assistant professor of economics at Southern Methodist University in Texas.
  • Regional overview: Kenny McDonald is the chief economic officer for Columbus 2020 and a certified economic developer. McDonald is the primary leader of all Columbus 2020 economic development and business attraction efforts. He has an extensive background in site selection, regional economic development, community marketing, business recruitment, and international business development. Previously, he served as the executive vice president of the Charlotte Regional Partnership, a public-private economic development organization operating in North and South Carolina.

Founded in 1842, Ohio Wesleyan University is one of the nation’s premier small, private universities. Ohio Wesleyan offers more than 90 undergraduate majors, sequences, and courses of study, and 23 NCAA Division III varsity sports. OWU combines an internationally focused curriculum with off-campus learning and leadership opportunities that connect classroom theory with real-world practice. Located in Delaware, Ohio, OWU’s 1,850 students represent 41 states and 45 countries. The university is featured in the book “Colleges That Change Lives,” listed on the 2012 President’s Higher Education Community Service Honor Roll with distinction, and included on the “best colleges” lists of U.S. News & World Report and The Princeton Review. Learn more at

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