05 May 2013 (12:15 pm-1:45 pm, Hall 2, Room 3)

Many Asian emerging economies are searching for capital and investment, while concurrently trying to juggle inflows with stability. In order to manage large investment inflows, local financial systems have to be sufficiently developed in order to absorb any resulting volatility.

This session will look at the level of financial development across Asian countries, identifying development advantages and disadvantages, and sharing experiences on addressing development challenges.

Panelists:

Paul Gruenwald
Managing Director & Chief Economist Asia Pacific, Standard & Poor's

Sunil Kanoria
Vice Chairman of SREI Infrastructure Finance Ltd and Vice President of ASSOCHAM

Rajat Nag
Managing Director General, ADB

Moderator: Raghuram Rajan
Chief Economic Adviser to the Government of India