Managing Capital Flows: Search for a Model - Technical Workshop
Agenda

Registration

Welcome Remarks - Masahiro Kawai, Dean, ADBI

Overview of the Program for the technical workshop - Mario B. Lamberte, Director, Research Department, ADBI

Session 1
Chair: Masahiro Kawai, Dean, ADBI

Perspective paper 5: Experience of Latin American Countries [Note: Presentation via video conference from Washington.]

Presenter: Sergio Schmukler, Senior Economist, The World Bank

Lead Discussants: Naoyuki Yoshino, Professor, Keio University

Coffee/Tea Break

Session 2
Chair: Akira Ariyoshi, Director, International Monetary Fund Regional Office for Asia and the Pacific

Stock-taking and Review of Literature

Presenter: Shinji Takagi, Visiting Fellow, ADBI and Professor, Osaka University

Lead Discussants: Kenji Aramaki, Professor, The University of Tokyo

Perspective paper 1: “Central Banks and Capital Flows”

Presenter: Stephen Grenville, Visiting Fellow, Lowy Institute for International Policy, Sydney, Australia, and Adjunct Professor, Australian National University

Lead Discussants: Aladdin Rillo, ASEAN Secretariat, Jakarta, Indonesia

Lunch

Session 3
Chair: Thanong Bidaya, Visiting Fellow, ADBI

Perspective paper 2: Managing Capital Flows: Cross - country Comparison of

Presenter: Susan Schadler, Former Deputy Director, European Department, International Monetary Fund

Lead Discussants: Takatoshi Ito, Professor, University of Tokyo

Perspective paper 3: “Hot Money in Local Equity, Bond, Money and Foreign Exchange Markets”

Presenter: Robert N. McCauley, Chief Representative Representative Office for Asia and the Pacific, Bank for International Settlements

Coffee/Tea Break

Session 4
Chair: Takatoshi Ito, Professor, The University of Tokyo

Perspective paper 4: "Managing Capital Flows: Lessons and Policy Implications from the Experience of the New EU Member States"

Presenter: Juergen von Hagen, Professor of Economics and Director, Institut für Internationale Wirtschaftspolitik, University of Bonn

Iulia Traistaru - Siedschlag, Senior Research Officer and Head, Centre for International Macroeconomic Analysis, Economic and Social Research Institute, Dublin

Country study: “Managing Capital Flows: Thailand”

Presenter: Kanit Sangsubhan, Director, Fiscal Policy Research Institute, Bangkok, Thailand

Lead Discussants: Alisara Mahasandana, Director, Exchange Control, Bank of Thailand

Reception

Session 5
Chair: Hisashi Ono, Director, Ministry of Finance, Japan

Country study: “Managing Capital Flows: Singapore”

Presenter: Hwee - Kwan Chow, Practice Associate Professor of Economics & Statistics , School of Economics , Singapore Management University

Lead Discussants: Larry Strange, Executive Director, Cambodia Development Research Institute

Country study: “Managing Capital Flows: Korea”

Presenter: Soyoung Kim, Associate Professor Department of Economics, Korea University, Korea
Doo Yong Yang, Korean Institute for International Economic Policy, Korea

Lead Discussants: In-chang Song, Director, Foreign Exchange Regulations & External Debt Division, International Finance Bureau Ministry of Finance and Economy, Korea

Coffee/Tea Break

Session 6
Chair: Worapot Manupipatpong, Director, Capacity Building and Training Department, ADBI

Country study: “Managing Capital Flows: the Philippines”

Presenter: Josef T. Yap, President, Philippine Institute for Development Studies, Makati, Philippines

Lead Discussants: Cyd Tuaño-Amador, Managing Director, Bangko Sentral ng Pilipinas

Country study: “Managing Capital Flows: Indonesia”

Presenter: Raymond Atje, Head, Department of Economics, Center for Strategic and International Studies, Jakarta, Indonesia
Ira S. Titiherew, Senior Research Staff, Department of Economics, Center for Strategic and International Studies, Jakarta, Indonesia

Lead Discussants: Aida S. Budiman, Bank of Indonesia, Indonesia

Lunch break

Session 7
Chair: Perames Vudthitornetiraks, Section Director,Fiscal Policy Office, Ministry of Finance, Thailand

Country study: “Managing Capital Flows: Malaysia”

Presenter: Mohamed Ariff, Executive Director, Malaysian Institute of Economic Research
Kee - Kuan Foong, Malaysian Institute of Economic Research

Lead Discussants: Fazilah Mohammad Jamaludin, Assistant Secretary , Economics & International Division, Ministry of Finance Malaysia

Country study: “Managing Capital Flows: Viet Nam”

Presenter: Vo Tri Thanh, Director, Department for Trade Policy and International Integration Studies, Central Institute of Economic Management, Hanoi, Viet Nam

Lead Discussants: Thi Nhung Nguyen, Deputy Director, State Bank of Viet Nam

Coffee/Tea Break

Session 8
Chair: Dalyono, Head of Sub Division, Center for International Cooperation, Ministry of Finance, Indonesia

Country study: “Managing Capital Flows: People’s Republic of China”

Presenter: Yu Yongding, Academician, Chinese Academy of Sciences, and Director - General, Institute of World Economics and Politics, Beijing, People’s Republic of China

Lead Discussants: ZHA Xiaoyang, Capital Account Management Department, The State Administration of Foreign Exchange (SAFE), People’s Bank of China, People’s Republic of China

Country study: “Managing Capital Flows: India”

Presenter: Ajay Shah, Senior Fellow National Institute for Public Finance and Policy, New Delhi
Ila Patnaik, Senior Fellow National Institute for Public Finance and Policy, New Delhi

Lead Discussants: Biswanath Bhattacharyay, Special Adviser to the Dean, Asian Development Bank Institute

General Discussion

Presenter: Mario B. Lamberte, Director, Research Department, ADBI

Administrative matters

Presenter: Mario B. Lamberte, Director, Research Department, ADBI