Asian Monetary Policy Forum (AMPF) 2015
Following a successful inaugural launch last year, the second Asian Monetary Policy Forum (AMPF) took place in Singapore on 29 May 2015. It brought together prominent academics, policymakers and financial sector participants who exchanged views and shared their perspectives on the global economies, monetary policy, exchange rates and the financial system.
Joint Dinner for ABFER and AMPF
Marking the opening of the AMPF programme , the joint ABFER/AMPF dinner on 28 May 2015 featured a keynote speech by Professor Carmen Reinhart from the Harvard Kennedy School of Government, who assessed the consequences of the debt overhang seven years after the global financial crisis and highlighted the new vulnerabilities.
Keynote Address by Dr Jacob Frenkel, Chairman of JP Morgan Chase International
Dr Jacob Frenkel , Chairman of JP Morgan Chase International, delivered a keynote speech on the state of the global economy and the implications for monetary policy normalisation.
Commissioned Paper and Discussions
Professor Barry Eichengreen from the University of California at Berkeley presented the commissioned paper on “Financial Development in Asia: The Role of Policy and Institutions, with Special Reference to China”. This paper was discussed by Professor Hélène Rey from the London Business School and Dr Mark Spiegel from the Federal Reserve Bank of San Francisco.
Lunchtime Dialogue
The lunchtime dialogue featured Mr Tharman Shanmugaratnam, Deputy Prime Minister, Minister for Finance and MAS Chairman, in conversation with Professor Steven Davis of the University of Chicago Booth School of Business.
Panel Discussion
Mr Ravi Menon, MAS Managing Director, chaired a panel discussion on the latest economic developments and policy issues confronting Asia. The panellists were Governor Prasarn Trairatvorakul of the Bank of Thailand, Dr Jahangir Aziz, Head of Emerging Markets Asia Economics Research at JP Morgan, Mr Bert Hofman, Country Director for China, Mongolia and Korea at the World Bank, and Dr Wei Shang-Jin, Chief Economist and Director General at the Asian Development Bank.