Macro Economy
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The Future Structure of International Capital Flows
Macro Economy Research Conference
21-22 November 2005
Kyoto Okura Hotel, Kyoto
List of Participants (PDF: 27kb)
Program
Opening Remarks:
Junichi Ujiie, Tokyo Club Foundation for Global Studies and Nomura Holdings
ASIA SESSION
Moderator: Mitsuhiro Fukao, Keio University
Session transcript (PDF: 165kb)
How Households' Balance Sheets Affect Their Asset Allocation-Implications for Future Private Outflows from Japan
Sachiko Miyamoto, Financial and Economic Research Center, Nomura Securities
Comments:
Tsutomu Watanabe, Institute of Economic Research, Hitotsubashi University
China's Rise, Twin Surplus, and the Change of China's Development Strategy
YU Yongding, Institute of World Economics and Politics, Chinese Academy of Social Sciences
Comments:
Catherine Mann, Institute for International Economics
"Hamlet without the Pri(n)ce or Getting the Relative Price Right"
Anwar Nasution, University of Indonesia
EUROPE SESSION
Moderator: Barry Bosworth, Brookings Institution
Session transcript (PDF: 278kb)
Macroeconomic Performance and Global Capital Flows: Is there a Role for Europe to Play?
Paola Subacchi, Chatham House
Comments:
Catherine Mann, Institute for International Economics
"Europe and Global Imbalances: An Incredibly Shrinking Role?"
Anwar Nasution, University of Indonesia
Impact of Changing Production Location on Foreign Direct Investment
Frederique Sachwald, Institute francais des relations internationals (Ifri)
Comments:
Vanessa Rossi, Oxford Economic Forecasting
"Global Capital Flows - FDI Trends"
LAN Weiban, Development Research Center of the State Council
World Growth and International Capital Flows in the 21st Century
Michel Aglietta, University of Paris and CEPII
Comments:
Vanessa Rossi, Oxford Economic Forecasting
World Growth and Capital Flows"
Tsutomu Watanabe, Institute of Economic Research, Hitotsubashi University
US SESSION
Moderator: Mitsuhiro Fukao, Keio University
Session transcript (PDF: 199kb)
The Budget Crisis: Is it All Deja Vu?
Barry Bosworth, Brookings Institution
Comments:
Anwar Nasution, University of Indonesia
Tsutomu Watanabe, Institute of Economic Research, Hitotsubashi University
The Blind Men and the Elephant
Barry Eichengreen, University of California, Berkeley
Comments:
Catherine Mann, Institute for International Economics
"Habits and Policies: For Whom Will Adjustment Be the Most Difficult?"
Vanessa Rossi, Oxford Economic Forecasting
"Global Capital Flows and Imbalances"