Technical meeting: Book on the Global Financial Crisis and Implications for Asia
Agenda

Registration

Opening Remarks - Masahiro Kawai, Dean, ADBI

SESSION I: Impacts of the Global Financial Crisis on Asia
Chairperson: Masahiro Kawai, Dean, ADBI

Paper 1: Impacts of the Global Financial Crisis on Asia
This chapter will analyze the impacts of the global financial crisis on Asian economies, including effects on GDP, trade, employment, SMEs, social, environmental, credit markets.

Presenter: Yung Chul Park, Professor, Korea University

Comments by Discussant

Discussant: Mohamed Ariff, Professor Emeritus, Malaysia Institute of Economic Research

Open floor discussion

SESSION II: Macroeconomic Policies
Chairperson:Peter Morgan, Senior Consultant, ADBI

Paper 2: Macroeconomic Policy Issues
This chapter will review macroeconomic policy issues (including fiscal policy, monetary policy, foreign exchange/reserve management, etc.) related to achieving sustainable growth and policy recommendations to attain such growth.

Presenter: Shinji Takagi, Professor, Osaka University

Comments by Discussant

Discussant: Joseph Lim, Professor, Ateneo de Manila University

Open floor discussion

Coffee break

SESSION III: Real Sector Issues
Chairperson: Soyoung Kim, Professor, Seoul National University

Paper 3: Real Sector Issues
This chapter will review major issues and develop policy recommendations for rebalancing growth in the following real sector areas: corporate savings and investment, trade, industrial structure, FDI, services sector and green growth.

Presenters:
Willem Thorbecke, Senior Fellow, ADBI
Hank Lim, Research Director, Singapore Institute for International Affairs

Comments by Discussant

Discussant: Ganeshan Wignaraja, Principal Economist, OREI, Asian Development Bank

Open floor discussion

Lunch

SESSION IV: Labor Market and Social Protection
Chairperson: Armin Bauer, Senior Economist, Regional and Sustainable Development Department

Paper 4: Labor Market and Social Protection
This chapter will review major issues and develop policy recommendations for ways that policy can promote household income and consumption, including income distribution between labor and capital, the impact of social protection on household savings and consumption, and the effect of public sector governance.

Presenter: Gloria Pasadilla, Research Fellow, ADBI

Comments by Discussant

Discussant: Zhang Yunling, Professor, Director of Division of International Studies, Chinese Academy of Social Sciences, Beijing (TBC)

Open floor discussion

SESSION V: Financial Sector Reform and Regulation
Chairperson: Mario Lamberte, Director of Research, ADBI

Paper 5: Financial Sector Reform and Regulation
This chapter will review major issues and develop policy recommendations for reforms, supervision and regulation of the financial sector that are aimed at: (a) strengthening financial sector stability; and (b) deepening the ability of the financial sector to recycle savings in the region for government, corporates and households.

Presenter: David Mayes, Professor, Auckland University

Comments by Discussant

Discussant: Michael Chui, Senior Economist, BIS

Open floor discussion

Coffee break

SESSION VI: Regional Cooperation and Architecture
Chairperson: Biswanath Bhattacharyay, Special Adviser to Dean, ADBI (tbc)

Paper 6: Regional Cooperation and Architecture
This chapter will review major issues and develop policy recommendations for reforms of regional cooperation and architecture, including a region-wide CEPA, financial integration, CMIM, ABMI, AFSD, Asian Community; and relationships with WTO, IMF, and FSB.

Presenter: Chalongphob Sussangkarn, Distinguished Fellow, Thailand Development Research Institute Foundation

Comments by Discussant

Discussant: Suahasil Nazara, Professor, University of Indonesia (tbc)

Open floor discussion

SESSION VII: Summary and Recommendations
Chairperson: TBD

Paper 7: Summary and Recommendations
This chapter will summarize the results of earlier chapters and provide an overall guide to policy recommendations for rebalancing growth in the region in a way achieve sustainable and inclusive growth.

Presenter: Masahiro Kawai, Dean, ADBI

Open floor discussion

Breakout sessions for individual chapters