Thursday, November 3, 2005
8:00 a.m.– 5:00 p.m.
Poverty reduction requires adopting the right institutions—including monetary institutions. Emerging market economies that peg their currencies and thwart market adjustments risk overheating and might engender protectionism on the part of their trading partners. This year’s monetary conference will address the following issues:
- What kinds of monetary institutions should emerging market economies adopt for sustainable development?
- Is China’s new exchange rate regime conducive to future development?
- What have we learned from the failure of debt-based development?
- What is the link between financial market liberalization and economic development?
- How will global imbalances and financial crises be resolved in the post-Greenspan era?
Please join our distinguished speakers on November 3 at the Cato Institute to discuss the role of monetary institutions in promoting development. We will address the challenges facing policymakers as they confront an evolving global economy that shows signs of growing imbalances and protectionism.
Registration for this event has been closed.
Conference Schedule
| 8:00 - 9:00 a.m. | Registration — F. A. Hayek Auditorium Foyer |
| 9:00 - 9:10 a.m. | Welcoming Remarks
— F. A. Hayek Auditorium James A. Dorn Vice President for Academic Affairs, Cato Institute |
| 9:10 - 9:45 a.m. | Keynote Address
Watch Welcome and Keynote Address in Real Video
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Rodrigo Rato Managing Director, International Monetary Fund Transcript of Director Rato’s Address [PDF] |
| 9:45 - 11:00 a.m. |
Panel 1: Monetary Credibility and Sustainable Development
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Moderator: Zanny Minton Beddoes Washington Economics Editor, The Economist Roger W. Ferguson Jr. Vice Chairman, Federal Reserve Board Jonathan Anderson Chief Economist for Asia, UBS Mickey Levy Chief Economist, Bank of America Morris Goldstein Dennis Weatherstone Senior Fellow, Institute for International Economics |
| 11:00 - 11:15 a.m. | Break |
| 11:15 a.m. - 12:30 p.m. |
Panel 2: Financial Market Liberalization and Economic Development
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Moderator: Ian Vásquez Director, Cato Institute Project on Global Economic Liberty Raghuram G. Rajan Director of Research, International Monetary Fund Deepak Lal James S. Coleman Professor of International Development Studies, University of California, Los Angeles Yasheng Huang Associate Professor of International Management, MIT Sloan School of Management Reuven Brenner REPAP Chair in Economics, McGill University |
| 12:30 - 1:15 p.m. | Luncheon — Wintergarden |
| 1:15 - 2:00 p.m. | Luncheon Address —
F. A. Hayek Auditorium “The Case Against a Dollar Policy” Samuel Brittan Economics Columnist, Financial Times [Samuel Brittan was unable to deliver his scheduled speech (PDF) on dollar policy.] |
| 2:00 - 3:30 p.m. | Panel 3: Emerging Markets, Debt, and the Dollar
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Moderator: William A. Niskanen Chairman, Cato Institute Kenneth Rogoff Thomas D. Cabot Professor of Public Policy and Professor of Economics, Harvard University John H. Makin Principal, Caxton Associates, LLC, and Senior Fellow, American Enterprise Institute Nouriel Roubini Associate Professor of Economics and International Business, New York University Eugenio Andrea Bruno Attorney, Nicholson and Cano, Buenos Aires |
| 3:30 - 4:30 p.m. | Reception — Wintergarden |
Registration for this event has been closed.
