IDEAs, in association
with the Centre for Banking Studies (CBS) of the Central Bank of Sri Lanka,
will organise a workshop on ''New directions in financial regulation''
over 22-26 November in Colombo, Sri Lanka.
The workshop will discuss some of the important proposals for regulating
finance and the actual changes in laws and regulatory instruments that
have been introduced in different countries in the wake of the global
financial crisis of 2007-08 and the Great Recession that followed. Eminent
economists, central bankers and researchers who have participated in global
discussions on regulatory reform will discuss the various alternatives
for regulation of different aspects of financial activities and the actual
implementation in different contexts. A major focus of the discussions
will be on the implications of such measures for financial and economic
processes in developing Asia.
The workshop is primarily intended for those involved in monetary and
financial regulation and economic policies in Asia. Participants will
be dominantly those nominated by the Central Banks of their respective
countries.
In addition, IDEAs may be able to sponsor (in part or full) the participation
of a very limited number of young scholars and policy makers interested
in these issues. Interested scholars are requested to send applications
to Deepanwita Dutta at ddutta2109@gmail.com
by October 21, 2011. They should provide a CV, a short statement of around
500 words on their interest in the subject of the workshop, and a letter
of support from a senior colleague or academic supervisor.
The programme of the workshop follows below:
DAY 1: November 22, 2011 (Tuesday)
9.00 am - 10.15 am
Inaugural Session
Opening Remarks: CBS representative and IDEAs representative
Inaugural Address: Ajith Nivard Cabraal,
Governor, Central Bank of Sri Lanka
Inaugural Remarks: Y. V. Reddy, K. S. Jomo, Leonardo
Burlamaqui
10:15 am - 11:30 am
Leonardo Burlamaqui: ''The New Phase of the
Financial Crisis and its Implications for Reforming Global Finance''
11.45 am - 1.15 pm
Jan Kregel: ''The Dodd-Frank Bill and Financial
Reform in the US'' (Presentation)
2.15 pm - 3.45 pm
Mario Tonveronachi: ''Basel 3 Norms and the
Control of Financial Fragility'' (Presentation)
4.00 pm - 6.00 pm
Panel Discussion (Open to interested public)
''How ‘Reformed’ is International Finance?''
Jan Kregel, Mario Tonveronachi, C.P. Chandrasekhar, Economist from Sri
Lanka
DAY 2: November 23, 2011 (Wednesday)
10.00 am - 11.30 am
K. S. Jomo: ''Perspective
of the UN Commission on Reforms of the International Monetary and Financial
System'' (Presentation)
11.45 am - 1.15 pm
Y. V. Reddy: ''Role
of Central Banks in New International Context'' (Note)
2.15 pm - 3.45 pm
Breakout Session for participants to discuss specific topics (4 groups)
4.00 pm - 6.00 pm
Panel Discussion (Open to interested public)
''Developing Countries and the Global Economy Today''
YV Reddy, KS Jomo, W.D. Lakshman, Economist from Sri Lanka
DAY 3: November 24, 2011 (Thursday)
10.00 am - 11.30 am
C.P. Chandrasekhar: ''The Debate on Financial
Regulation: Some lessons for Asia'' (Presentation)
11.45 pm - 1.15 pm
Jayati Ghosh: ''Financial Regulation and
Commodity Markets''
2.15 pm - 3.45 pm
Breakout Session for participants to discuss specific topics (4 groups)
4.00 pm - 6.00 pm
Panel Discussion (Open to interested public)
''Financial Markets and the State''
Leonardo Burlamaqui, Prabhat Patnaik, Economist from Sri Lanka, Jayati
Ghosh
DAY 4: November 25, 2011 (Friday)
10.00 am - 11.30 am
Prabhat Patnaik: ''Finance and the Contemporary
World Economy'' (Note)
11.45 pm - 1.15 pm
Presentations by participants
2.15 pm - 3.45 pm
Presentations by participants
4.00 pm - 6.00 pm
Closing Session
DAY 5: November 26, 2011 (Saturday)
Optional day trip to Kandy (All day)