Program

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  3. MOSF-BOK-IMF-PIIE Conference 2017
  4. Program

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

  • 19:00-21:00
    Welcome Reception

    [Nuri Ballroom I, 6F, The Four Seasons Hotel Seoul]

Thursday, September 7, 2017

  • 8:30-9:00
    Registration,Coffee and Pastries
  • 9:00-9:30
    Opening 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)

  • 9:30-10:30
    Session 1: Introduction
  • Moderator

    Maurice 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]

  • 10:30-10:50
    Coffee Break
  • 10:50-12:50
    Session 2: The New Normaland Asia: Conceptual Issues
  • Moderator

    Joon-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)

  • 12:50-14:00
    Luncheon

    [Grand Ballroom I, 3F, The Four Seasons Hotel Seoul]

  • 14:00-15:40
    Session 3: Country Case Studies I
  • Moderator

    Kyung 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]

  • 15:40-15:50
    Coffee Break
  • 15:50-17:30
    Session 4: Country Case Studies II
  • Moderator

    Masaaki 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]

  • 18:30-20:30
    Conference 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

  • 8:30-9:00
    Coffee and Pastries
  • 9:00-10:40
    Session 5: Policies I (Monetary Policy)
  • Moderator

    Il 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]

  • 10:40-11:00
    Coffee Break
  • 11:00-12:40
    Session 6: Policies II (Fiscal and Structural Policy)
  • Moderator

    Yoon 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]

  • 12:40-13:30
    Luncheon

    [Grand Ballroom I, 3F, The Four Seasons Hotel Seoul]

  • 13:30-15:00
    Panel Discussion: Perspectives on the New Mediocre and Asia
  • Moderator

    Changyong Rhee (Director, Asia and Pacific Department,IMF)

  • Panelists

    Adam 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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