Post Crisis Agenda for Asia

3 May 2010 (4:00 pm - 5:30 pm)

Over the past two years, several global shocks - volatility in energy and food prices, the global financial crisis originating from the US subprime crisis, and the downturn of developed country economies - have hit Asian economies. These shocks have posed significant challenges to Asian economies in terms of economic management, structural reforms, and institution building. One of the key issues is how to rebalance growth in Asia toward domestic and regional demand, given that exports to the developed economies may remain sluggish for some time and the large global payments imbalances would not be sustainable.

The ADB Institute (ADBI) has been conducting a number of studies on the impacts and implications of the global financial crisis on Asia. These include analyses and recommendations for policymakers on ways to improve macroeconomic and financial stability, deepen financial markets, promote growth rebalancing, enhance social protection, and develop regional financial architecture. The findings of the study will be summarized in a book published by ADB and ADBI entitled Rebalancing for Growth: Asia's Post-Crisis Challenge. The book is expected to be completed by early 2010. The book will be launched as a side event during ADB's Annual Meeting in May.

PROGRAM/SPEAKERS

C. Lawrence Greenwood, Jr.
Vice President, Asian Development Bank

Masahiro Kawai
Dean, ADB Institute (ADBI), Tokyo
Presentation: Rebalancing for Sustainable Growth [ PDF: 169kb, 22 pages ]

Eisuke Sakakibara
Professor and President, Institute for India Economic Studies, Waseda University

Moderator:
William Pesek
Asia-Pacific Columnist, Bloomberg, Tokyo

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Note: All times are in GMT+05. For inquiries, e-mail: annualmeeting@adb.org