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Tokyo Fiscal Forum 2019: Implications of G20 Achievements for Asia

Event | 20 - 21 November 2019 Tokyo Prince Hotel, Tokyo, Japan
Time of event

09:30–17:50

Background

The Group of 20 (G20) during Japan’s 2019 presidency has emphasized the need to expand infrastructure investment to meet global demand, fueled by developing Asia, and set a strategic direction by promoting Quality Infrastructure Investment (QII) principles. QII aims to raise awareness of the importance of quality infrastructure to achieve sustainable development, defined by economic efficiency, safety, governance, environmental and social sustainability, community engagement, and natural disaster resilience.

At the same time, the G20 has this year increasingly turned attention to the challenges of demographic transition, particularly aging populations and the implications of this trend for Asia and the world’s economies. This includes accelerating international cooperation to promote measures that can ensure fiscal sustainability in countries with rapidly aging populations as well as investment in education and social safety nets in those that still enjoy a demographic dividend.

The Tokyo Fiscal Forum 2019 will bring together policy makers and experts to examine the achievements of the G20, with a spotlight on the forum’s efforts to address infrastructure governance and the fiscal challenges of aging. It will moreover assess the impact of the G20’s policy inroads in these areas for Asian economies, related challenges and opportunities, and possible next steps for G20 member countries.

Objectives
  • Promote understanding of emerging fiscal policy challenges, with a focus on the effects of surging infrastructure demand and population aging
  • Share perspectives on the work of the G20 to promote sustainable fiscal policies and its implications for Asian growth and development
Participants
  • Government officials from Asia and beyond
  • Experts in fiscal policy, demography, and inclusive growth
Output
  • Greater exchange of ideas about fiscal challenges in Asia and possible policy solutions
  • Enhanced recognition of the role of international cooperation to address changing fiscal policy needs
How to register

By invitation or prior arrangement with ADBI.

Partners
  • Policy Research Institute (PRI), Ministry of Finance, Japan
  • International Monetary Fund (IMF)