Asia Europe Economic Forum

The fifth Asia Europe Economic Forum (AEEF) met on 25 March in Tokyo and was hosted by the Japanese Ministry of Finance. The AEEF examined post-crisis issues including economic recovery and exit strategies, rebalancing growth, global currency adjustments, and governance of the Group of 20 from both Asian and European perspectives.

Participants agreed that while developed economies have started to recover, the process remains fragile. A key policy challenge is to sustain the recovery while withdrawing policy stimulus to minimize adverse impacts on long-term growth. Participants agreed this would require major structural economic reforms to be undertaken by economies in both Europe and Asia.

The conference brought together a broad range of participants including active and former senior policymakers, recognized academic experts, and private sector specialists from Asia and Europe. It was co-organized by forum members Bruegel, Centre d'Etudes Prospectives et d'Informations Internationales, Kiel Institute for the World Economy, ADBI, Chinese Academy of Social Sciences, Keio University, and Korea University.

See more details about this conference series.

Mr. Hiroshi Ogushi, Parliamentary Secretary for Finance, Japan, gave welcome remarks at the AEEF this year.