ECONOMIC AND FINANCIAL AFFAIRS COUNCIL
Download Background Guide

Topic A: Regulation of Cryptocurrency
Topic B: Food Security in Developing Nations
Matt Simon

Dear Delegates,

Welcome to the Economic and Financial Affairs Council at ILMUNC XXXV! I couldn’t be more excited to welcome you to this committee in January — Eesha and I can’t wait to meet you all and see what kinds of solutions you bring to the table!

To introduce myself, I’m a senior at Penn from a small town situated an hour north of Philadelphia. I’m also in Wharton studying Finance and Business Economics and Public Policy, so ECOFIN is right up my alley! Additionally, I have the distinct privilege of serving as President of the International Affairs Association at Penn, which is the umbrella organization responsible for everything Model UN-related (and then some!) here on campus. Last year I also had the honor of serving as Secretary-General of ILMUNC XXXIV, and as such I have a deep love of and appreciation for all things ILMUNC. As far and interests outside of school and Model UN go, I love running, playing soccer, eating anything you’d find in a bakery and watching Saturday Night Live, among other things.

As for the committee specifically, Eesha and I cannot wait to discuss its topics with you. Both border on futuristic in scope at times, but in reality are incredibly apt now and will only become more so in years to come. As such, international legislation regarding the committee’s topics is nascent and provides a large vacancy into which delegates can push creative solutions to the problems presented. We will therefore place a premium on innovation, and will look to see unique solutions presented throughout papers and resolutions. That said, we won’t be looking for extraneous, perhaps erroneously placed finance knowledge, so don’t worry if economics isn’t expressly your thing. That said, we will be looking to see that you’ve thought about the background guide and are prepared to work with others to achieve the best resolution for the entire committee, not solely for your delegation.

Finally, if you are taking part in ECOFIN this year, I'm so excited to help welcome you to ILMUNC, and to the fantastic city of Philadelphia, and to try and make this weekend as great as it can be. I also hope that you get into committee as much as Eesha and I will be! We've spent quite a bit of time on the background guide, and I can't wait to see how you all tackle its subjects at conference. In the interim, feel free to let me know if you have any questions before January at mattsim@wharton.upenn.edu - I’d be happy to answer anything related to committee, ILMUNC, or Penn in general.

All the best,

Matt Simon

Chair, Economic and Financial Affairs Council
The 35th Ivy League Model United Nations Conference

Eesha Sheth

Dear Delegates,

Welcome to the Economic and Financial Affairs Council at ILMUNC XXXV! I couldn’t be more excited to have you all in this committee in January and hear your ideas and solutions.

To introduce myself, I’m a junior at Penn from the same small town outside Philadelphia as Matt. I’m in Wharton studying Finance and Global Analysis. I actually used to be on ILMUNC my first two years of university as the Business Director and am so excited to see it from the other side in my first time chairing. As far as interests outside of school and Model UN go, I love traveling, Netflix and exploring the food around Philly. If you need any recommendations for food places around Philly, let me know!

Matt and I are so excited to discuss the topics of this committee with you. We can’t wait to see the creative solutions and invigorating debate that you will all surely bring to the committee room! My interest in this committee is largely a reflection of my love for the intersection of politics and economics in the international space. Especially with the growing interconnectedness of the world, this committee provides you with the opportunity to debate the most pertinent global issues of our time. This committee will push each one of you to pursue creative and innovative approaches to solving these issues along with your fellow delegates.

Matt and I have put a lot of effort into this committee, and we’re so excited to welcome you to Philadelphia and ILMUNC! Feel free to reach out if you have any questions about the committee, conference, or Penn at eeshas@wharton.upenn.edu.

See you in January,

Eesha Sheth

Moderator, Disarmament and International Security Committee
The 35th Ivy League Model United Nations Conference