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39th Annual Meeting

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Governors' Seminar: A Shared Responsibility: Fixing Global Payments Imbalances

4 May 2006 (10:00 a.m. - 11:45 a.m.)

Asia’s net lending to the rest of the world continues to expand. Does this reflect a savings glut or a dearth of investment in Asia? How does the picture vary across Asia? And what are the risks to developing Asia of a disorderly unravelling of the so called “global payments imbalances”? The governors’ seminar will present perspectives on these critical issues, and what might be done to address them.

PROGRAM/SPEAKERS
Time SpeakerTopic
10:00 a.m. Haruhiko Kuroda
President, ADB		Welcome and opening remarks
Martin Wolf
Associate Editor and Chief Economics Commentator, Financial Times		Introductions
P. Chidambaram
Chair of the Board of Governors of ADB and Governor for India, ADB
Minister of Finance 		 
Sadakazu Tanigaki
Governor for Japan, ADB
Minister of Finance
To be confirmed
Timothy Adams
Undersecretary for International Affairs, Treasury, United States
Li Yong
Alternate Governor for the People's Republic of China, ADB
Vice Ministry of Finance
European representative:
Wolfgang Morke
Director, International Relations Department, Deutsche Bundesbank and Alternate Director, Bank for International Settlements
 Open discussion
Martin Wolf
Summary
11:40 a.m. Haruhiko Kuroda
Closing remarks
  Moderator:
Martin Wolf

Read the News Release.

Contact Us

For further information, contact Mr. Francis Harrigan, tel: (63-2) 632-6545, email:fharrigan@adb.org



For inquiries, e-mail: amseminars@adb.org