[대통령 소장 도서]
program.
The Conference program is attached.
MAY 17, THURSDAY EVENING
6:30 - 8:00 Reception
MAY 18, FRIDAY
8:30 - 9:00
Welcome: KIEP President Kyung Tae Lee
IMF Asia Pacific Department Director Yusuke Horiguchi
9:00 - 10:30
sessionxx 1: Overview of the Korean Crisis and the Crisis-Resolution Strategy
Moderator Il SaKong (Institute for Global Economics, former Minister of Finance)
Paper 1. Ajai Chopra et al. (IMF), “From Crisis to Recovery in Korea:
Strategy, Achievements, and Lessons”
Paper 2. Yoon Je Cho (Sogang University), “Economic Adjustment Program of Korea
After the Crisis: What Have We Learned?”
Discussants Barry Eichengreen (Berkeley), Jang-Yung Lee (MOFE)
General Discussion
10:30 - 11:00 Coffee
11:00 - 12:30
sessionxx 2: Monetary Policies
Moderator Stephen Grenville (Deputy Governor, Reserve Bank of Australia)
Paper 3. Chae-Shick Chung and Se-Jik Kim (KIEP), “New Evidence on High
Interest-Rate Policy During the Korean Crisis”
Paper 4. Anne Krueger and Jungho Yoo (Stanford), “Falling Profitability, Higher
Borrowing Costs, and Chaebol Finances in the 1997 Korean Crisis”
Discussants Myung-Chang Chung (BOK), Bijan Aghevli (JP Morgan, HK)
General Discussion
12:30 - 2:00
Lunch: Speech by IMF First Deputy Managing Director Stanley Fischer, “The Role
of the International Monetary Fund”
2:30 - 4:00
sessionxx 3: Financial and Corporate Reform
Moderator Yusuke Horiguchi (IMF)
Paper 5. William Mako (World Bank), “Corporate Reform and Financial Sector
Restructuring”
Paper 6. Changyong Rhee (SNU) and Gyutaeg Oh (ChungAng University), “The Role
of the Corporate Bond Market in the Korean Financial Restructuring Process”
Discussants V. Sundararajan (IMF), Won-Dong Cho (MOFE/IMF)
General Discussion
4:00 - 4:30 Coffee
4:30 - 6:00
sessionxx 4: Labor Markets and Corporate Governance
Moderator Sung Hee Jwa (Korea Economic Research Institute)
Paper 7. Dae Il Kim (SNU), “Labor Market Changes in Korea after the Crisis”
Paper 8. Simon Johnson (MIT) and Todd Mitton (BYU), “Corporate Governance and
Corporate Debt in Asian Crisis Countries”
Discussants Hasung Jang (Korea University), Zia Qureshi (World Bank)
General Discussion
7:30 - 8:00
Reception: Remarks by Deputy Prime Minister and Minister of Finance and Economy
Nyum Jin
8:00 - 10:00 Dinner
May 19, SATURDAY
8:30 - 10:00
sessionxx 5: After the Crisis
Moderator Kyung-Tae Lee (KIEP)
Paper 9. Robert Barro (Harvard), “Economic Growth in East Asia Before and After
the Financial Crisis”
Paper 10. Jong Wha Lee and Yung Chul Park (Korea University), “Recovery and
Sustainability in East-Asia”
Discussants Charles Adams (ADB), Yong-Jin Kim (Dongduk Women’s University)
General Discussion
10:00 - 10:30 Coffee
10:30 - 12:30
sessionxx 6: Implications for Future Crisis Management and the International
Financial Architecture
Moderator Tarrin Nimmanahaeminda (former Minister of Finance, Thailand)
Paper 11. Yang Ho Byeon (MOFE) and Woo Chan Kim (KDI School),
"Restructuring Korean Banks’ Short-Term Debt in 1998: Detailed
Account of the Process and Its Implications"
Paper 12. Barry Eichengreen (Berkeley), “Strengthening the International
Financial Architecture: Outstanding Issues, Asian Perspectives”
Paper 13. Michael Dooley (Santa Cruz), Rudi Dornbusch* (MIT), and Yung Chul
Park (Korea University), “A Framework for Exchange-Rate Policy in Korea”
Discussants - Anne Krueger (Stanford), Jun Il Kim (KDI)
General Discussion
12:30 - 2:00 Lunch
2:00 - 4:00
sessionxx 7: Lessons from the Korean Crisis and Recovery
Moderator - Stanley Fischer (IMF)
Panel - Hun-Jai Lee** (former Minister of Finance, former Chairman FSC), Robert
Barro (Harvard), Yung Chul Park (Korea University), Eisuke Sakakibara (Keio
University), Hak Kil Pyo (SNU)
General Discussion