Exchange Rate and Macroeconomic Management in Emerging Asia in the Postcrisis Era
Agenda

Registration

Welcome Remarks

K KESAVAPANY, Director, Institute of Southeast Asian Studies (ISEAS), Singapore
Masahiro KAWAI, Dean and CEO, Asian Development Bank Institute (ADBI), Japan

SESSION I: CAPITAL FLOW SURGES AND MANAGEMENT
Chairperson: Masahiro KAWAI, Dean and CEO, ADBI

Paper 1: Capital Controls in Asia

Paperwriter: Jong-wha LEE, Chief Economist, Economics and Research Department, Asian Development Bank, Philippines

Paper 2: Evaluating Asian Swap Arrangements

Paperwriter: Yothin JINJARIK, Assistant Professor, Department of Economics, Nanyang Technology University, Singapore

Discussants:
YEOH Lam Keong, Managing Director & Director, Economics & Strategy, Government of Singapore Investment Corporation
Ramkishen S RAJAN, Associate Professor, School of Public Policy, George Mason University, USA

Coffee Break

SESSION 2: ASIAN EXCHANGE RATE REGIMES
Chairperson: Peter WILSON, Consultant, Economic Policy Department, Monetary Authority of Singapore

Paper 3: International Monetary Transmission in East Asia

Paperwriters:
YANG Doo Yong, Research Fellow, ADBI
Soyoung KIM, Professor, Department of Economics, Seoul National University, Korea

Paper 4: Management of Asian Currencies

Paperwriter: Ramkishen S RAJAN, Associate Professor, School of Public Policy, George Mason University, USA

Discussants:
CHOW Hwee Kwan, Associate Professor, School of Economics, Singapore Management University
TAN Kim Song, Associate professor, School of Economics and Social Sciences, Singapore Management University

Lunch

SESSION 3: CHINA AND ASIA
Chairperson: Sanchita Basu DAS, Researcher, Economic Affairs, ASEAN Studies Centre, ISEAS

Paper 5: What to Expect From a Renminbi Appreciation

Paperwriter: Shu Zhong, Brian NG, Manager, External Department, Hong Kong Institute for Monetary Research

Paper 6: China-US Business Cycle

Paperwriter: Andrew HUGHES HALLETT, Professor of Economics and Public Policy, School of Public Policy, George Mason University, USA

Discussants:
Sven W ARNDT, Professor, Economics, Claremont McKenna College, USA
CHOY Keen Meng, Lead Economist, Economic Surveillance and Forecasting Department, Monetary Authority of Singapore

Tea Break

SESSION 4: FINANCIAL DEVELOPMENT AND INTEGRATION IN ASIA
Chairperson: Natasha HAMILTON-HART, Associate Professor, Southeast Asian Studies, National University of Singapore

Paper 7: Reevaluating the Roles of Large Public Surpluses in Asia

Paperwriters:
Bernard LEE, Visiting (Practice) Associate Professor of Economics, Deputy Director, Sim Kee Boon Institute for Financial Economics Singapore Management University
Hefei WANG, Assistant Professor of Finance, College of Business Administration, University of Illinois at Chicago, Visiting Assistant Professor, China Center for Financial Research, Tsinghua University

Paper 8: Asian Financial Regulator Regimes and the ACU

Paperwriter: Richard W CARNEY, Assistant Professor, International Political Economy Programme, S Rajaratnam School of International Studies, Singapore

Discussants:
Manu BHASKARAN, CEO, Centennial Asia Advisors, Singapore
YANG Doo Yong, Research Fellow, ADBI

Closing Discussion
Masahiro KAWAI, Dean and CEO, ADBI

Cocktails and Dinner