Conference on the Subprime Mortgage Crisis, Managing Capital Flows, and the Asian Economy
Agenda

Registration

Welcome Remarks - Masahiro Kawai, Dean, Asian Development Bank Institute

Opening Remarks - Duck Koo Chung, Chairman, North East Asia Research (NEAR) Foundation and Former Minister of Commerce, Industry and Energy, Korea

Session I: Capital Flows and Asian Economy
Chair: Mohamed Ariff, Executive Director, Malaysian Institute of Economic Research (MIER)

Paper 1: Determinants of Capital Flows in Asia

Presenters: Jai-Won Ryou, Professor, Konkuk University, and Tae-Joon Kim, Professor, Dongduk Women's University

Discussant: Li-Gang Liu, Chief Economist for Greater China, Banco Bilbao Vizcaya Argentina (BBVA), Hong Kong, China

Open Floor Discussion

Coffee break

Paper 2: Capital Flows and Money Supply in Asia

Presenters: Jung Sik Kim, Professor Yonsei University and Tae Yoon Sung, Professor Yonsei University

Discussant: Zhang Bin, Deputy Director, Department of International Finance, Institute of World Economics and Politics (IWEP), Chinese Academy of Social Sciences (CASS)

Lunch

Paper 3: Dual Global Shocks and Capital Flows in Central Asia: the Case of Kazakhstan

Presenter: Sabit Khakimzhanov, Head Research Department, Halyk Finance Almaty, Kazakhstan

Discussant: Mathew Joseph, Senior Consultant, Indian Council for Research on International Economic Relations (ICRIER) New Delhi, India

Open Floor Discussion

Session II: Managing Capital Flows and Regional Economic Cooperation
Chair: Baek Sung Kwan, Professor, Hong Ik University, Korea

Paper 4: Capital Flows and European Economic Cooperation : Lessons for Asian Economy

Presenters: Chai, Yeeyul, Professor, Kyungki University, Korea and Yoon, Deok Ryong, Senior Research Fellow, KIEP

Discussant: Shinji Takagi, Professor, Osaka University and Visiting Research Fellow, ADBI

Open Floor Discussion

Coffee break

Paper 5: Capital Flows and Asian Regional Economic Cooperation

Presenters: Masahiro Kawai, Mario B. Lamberte and Doo Yong Yang (ADBI)

Discussant: Denis Hew, Senior Fellow and Coordinator, Institute of Southeast Asian Studies (ISEAS), Singapore

Open Floor Discussion

Panel Session: Subprime Mortgage Crisis, Capital Flows and Asian Economy

Chair: Masahiro Kawai, Dean, ADBI

Panelists:
Duck Koo Chung, Chairman, NEAR Foundation,
Chalongphob Sussangkarn, Distinguished Fellow, Thailand Development Research Institute
Yoshihiro Watanabe, Managing Director, Institute for International Monetary Affairs, Japan
Zhang Bin, Deputy Director, Department of International Finance, Institute of World Economics and Politics (IWEP), Chinese Academy of Social Sciences (CASS)
Mohamed Ariff, Executive Director, Malaysian Institute of Economic Research (MIER)
Kim In Chul, Professor, Sung Kwan University, Korea