2017 MOSF-BOK-IMF-PIIE International Conference Prospects and Challenges for Sustained Growth in Asia
Venue: Grand Ballroom, 3F, The Four Seasons Hotel Seoul
Wednesday, September 6, 2017
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19:00-21:00Welcome Reception [Nuri Ballroom I, 6F, The Four Seasons Hotel Seoul]
Thursday, September 7, 2017
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8:30-9:00Registration,Coffee and Pastries
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9:00-9:30Opening Session
Welcoming Remarks Hyoung-KwonKo (First Vice Ministerof Strategy and Finance)
Juyeol Lee (Governor, The Bank of Korea)
Christine Lagarde (Managing Director, International Monetary Fund) -
9:30-10:30Session 1: Introduction
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ModeratorMaurice Obstfeld (Economic Counsellor and Director, Research Department, IMF) Introduction, laying out the main issues and questions Adam Posen (President, Peterson Institute International Economics) [Slides] A historical perspective on the secular stagnation hypothesis and its relevance for Asia [Abstract] Joel Mokyr (Professor, Nortwestern University) [Slides]
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10:30-10:50Coffee Break
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10:50-12:50Session 2: The New Normaland Asia: Conceptual Issues
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ModeratorJoon-Kyung Kim (President, Korea Development Institute) Demographics [Abstract] Ranil Salgado (Assistant Director, IMF) [Slides] Discussant: Sang-Hyop Lee (Professor, University of Hawaii at Manoa) [Slides] Invention, productivity and the evolution of East Asia's innovation systems [Abstract] Lee Branstetter (Professor, Carnegie Mellon University &Senior Fellow, PIIE) [Slides] Discussant: Jong-Wha Lee (Professor, Korea University) [Slides] International transmission and policy spillovers Olivier Jeanne (Professor,Johns HopkinsUniversity &Senior Fellow, PIIE) [Slides] Discussant: Heenam Choi (Executive Director, IMF)
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12:50-14:00Luncheon [Grand Ballroom I, 3F, The Four Seasons Hotel Seoul]
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14:00-15:40Session 3: Country Case Studies I
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ModeratorKyung Soo Kim(Professor, Sungkyunkwan University) Japanese lessons from the past 30 years Adam Posen (President, PIIE) [Slides] Discussant: Masahiro Kawai (Professor, University of Tokyo) [Slides] Japan [Abstract] Kyoji Fukao (Professor, Hitotsubashi University) [Slides] Discussant:Jonathan Woetzel(Director, McKinsey Global Institute) [Slides] Korea Dongchul Cho (Member of Monetary Policy Board, BOK) [Slides] Discussant:Tarhan Feyzioglu (Division Chief and Korea Mission Chief, IMF) [Slides]
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15:40-15:50Coffee Break
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15:50-17:30Session 4: Country Case Studies II
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ModeratorMasaaki Kaizuka (Executive Director, IMF) China Ma Jun (Chief Economist, People's Bank of China) Discussant: Alfred Schipke (Senior Resident Representative for China, IMF) [Slides] India [Abstract] Prachi Mishra (Deputy Division Chief, IMF, formerly Specialist Adviser and Head of the Strategic Research Unit at the Reserve Bank of India) [Slides] Discussant: Kenneth Kang (Deputy Director, IMF)[Slides] Indonesia Mitali Das (Deputy Division Chief, IMF) [Slides] Discussant: Muhamad Chatib Basri (President Commissioner of Indonesia Infrastructure Finance, Former Finance Minister of Indonesia) [Slides]
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18:30-20:30Conference Dinner [Grand Ballroom I, 3F, The Four Seasons Hotel Seoul] Dinner Speech Maurice Obstfeld (Economic Counsellor and Director, Research Department, IMF)
Friday, September 8, 2017
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8:30-9:00Coffee and Pastries
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9:00-10:40Session 5: Policies I (Monetary Policy)
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ModeratorIl Houng Lee (Member of Monetary Policy Board, BOK) Monetary Policy[Abstract] Joseph Gagnon (Senior Fellow, PIIE) [Slides] Discussant: Seung-Cheol Jeon (Deputy Governor, BOK) [Slides] Monetary Policy in the New Mediocre [Abstract] Douglas Laxton (Division Chief, IMF)[Slides] Discussant:Shigenori Shiratsuka (Director General, Bank of Japan)[Slides]
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10:40-11:00Coffee Break
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11:00-12:40Session 6: Policies II (Fiscal and Structural Policy)
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ModeratorYoon Je Cho (Professor Emeritus, Sogang University) Fiscal Policy Ana Corbacho (Division Chief, IMF) [Slides] Discussant:Junghun Kim(Vice President, Korea Institute of Public Finance)[Slides] Trade and Investment [Abstract] Caroline Freund (Senior Fellow, PIIE)[Slides] Discussant:Davin Chor (Professor, National University of Singapore)[Slides]
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12:40-13:30Luncheon [Grand Ballroom I, 3F, The Four Seasons Hotel Seoul]
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13:30-15:00Panel Discussion: Perspectives on the New Mediocre and Asia
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ModeratorChangyong Rhee (Director, Asia and Pacific Department,IMF)
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PanelistsAdam Posen (President, PIIE) Hiroshi Nakaso (Deputy Covernor, BOJ)
Yoon Je Cho (Professor Emeritus, Sogang University)
Ma Jun (Chief Economist, PBOC)
Subir Gokarn (Executive Director, IMF) Muhamad Chatib Basri (President Commissioner of Indonesia Infrastructure Finance)
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