Spillovers From Lower Oil Prices to Asia

Organized by the Republic of Azerbaijan, G20 Turkish Presidency and Reinventing Bretton Woods Committee
Sunday, 3 May 2015, 2:00 pm - 4:30 pm
  • The complexity of the global economy. What is at play?
  • How sustainable are the current levels of oil prices. Will prices remain low for a sustained period of time? Can we consider it as the new normal?
  • What are the implications of the fall of oil prices in terms of cost structure, demand growth and production?
  • What will be the growth effect of falling prices on the global economy? How lower prices affect different economies and regions?
  • Is the shock permanent, transitory? Will it boost global demand and bring back global imbalances in the medium term?
  • Poor performance of growth prospects in emerging economies. What went wrong?


Cavit Dağdaş
Undersecretary of Treasury and Governor of the ADB for the Republic of Turkey

Samir Sharifov
Minister of Finance and Governor of the ADB for the Republic of Azerbaijan

Erbolat Dossaev
Minister of National Economy and Governor of the ADB for the Republic of Kazakhstan

Hiroshi Watanabe
Governor and CEO, Japan Bank for International Cooperation

Marios Maratheftis
Global Chief Economist, Standard Chartered

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

Natalia Khanzhenkova
Managing Director, Turkey and Central Asia, EBRD

Anoop Singh
Regulatory Strategy Head for Hong Kong, JPMorgan Chase & Co.

Vusal Gasimli
Chief of the Department of the Economic Analysis and Global Affairs, Center for Strategic Studies under the President of the Republic of Azerbaijan


Marc Uzan
Executive Director, Reinventing Bretton Woods Committee