Conference on Economic and Financial Crises in Emerging Market Economies


PROGRAM
October 19 - 21, 2000
Woodstock Inn and Resort, Woodstock, VT

Martin Feldstein, Organizer


THURSDAY, OCTOBER 19

6:30 PM Reception and Dinner

Woodstock Inn and Resort

FRIDAY, OCTOBER 20

8:00 AM Continental Breakfast

REDUCING THE RISK OF FINANCIAL CRISES

EXCHANGE RATE REGIMES

8:30 AM Background author: SEBASTIAN EDWARDS, UC, Los Angeles and NBER

Panelists: DOMINGO CAVALLO, Former Minister of Finance, Argentina
ARMINIO FRAGA, Governor, Central Bank of Brazil
JACOB FRENKEL, Merrill Lynch and NBER, Former Chief Economist, IMF and Former Governor, Bank of Israel

10:15 AM Coffee Break

FINANCIAL POLICIES

10:45 AM Background author: FREDERIC MISHKIN, Columbia University and NBER

Panelists: ANDREW CROCKETT, General Manager, Bank for International Settlements
MICHAEL DOOLEY, UC, Santa Cruz and NBER, Formerly of the Federal Reserve Board and IMF
MONTEK SINGH AHLUWALIA, Chairman, Planning Commission, India, Former Chief Economist, Government of India

12:30 PM Lunch

INDUSTRIAL COUNTRY POLICIES

1:30 PM Background author: JEFFREY FRANKEL, Harvard University and NBER and NOURIEL ROUBINI, New York University and NBER

Panelists: MERVYN KING, Deputy Governor, Bank of England and NBER
ROBERT RUBIN, Citigroup, Former U.S. Secretary of the Treasury
GEORGE SOROS, Soros Fund Management

3:15 PM Coffee Break

MANAGING ECONOMIC AND FINANCIAL CRISES

IMF STABILIZATION PROGRAMS

3:45 PM Background author: ANNE KRUEGER, Stanford University and NBER

Panelists: STANLEY FISCHER, First Deputy Managing Director, International Monetary Fund and NBER
PAUL KRUGMAN, Princeton University and NBER
JEFFREY SACHS, Harvard University and NBER

5:30 PM Adjourn

6:30 PM Reception and Dinner

Speaker: LAWRENCE SUMMERS, U.S. Department of the Treasury and NBER

SATURDAY, OCTOBER 21:

8:00 AM Continental Breakfast

IMF STRUCTURAL PROGRAMS

8:30 AM Background author: MORRIS GOLDSTEIN, Institute for International Economics

Panelists: TIMOTHY GEITHNER, U.S. Treasury Department
PAUL KEATING, Former Finance Minister and Prime Minister, Australia
YUNG CHUL PARK, Korea University

10:15 AM Coffee Break

CREDITOR RELATIONS

10:35 AM Background author: WILLIAM CLINE, Institute of International Finance

Panelists: ROBERTO MENDOZA, Goldman Sachs
GUILLERMO ORTIZ, Governor, Bank of Mexico
AMMAR SIAMWALLA, Thailand Development Research Institute

12:15 PM Lunch and Adjourn

6:30 PM Informal Dinner

BACKGROUND PAPERS

The Role of the Private Sector in Resolving Financial Crises in Emerging Markets
WILLIAM CLINE, Institute of International Finance

Exchange Rate Regimes, Capital Flows, and Crisis Prevention
SEBASTIAN EDWARDS, UC, Los Angeles and NBER

The Role of Industrial Country Policies in Emerging Market Crises
JEFFREY FRANKEL, Harvard University and NBER
NOURIEL ROUBINI, New York University and NBER

IMF Structural Programs

MORRIS GOLDSTEIN, Institute for International Economics

IMF Stabilization Programs
ANNE KRUEGER, Stanford University and NBER

Financial Policies and the Prevention of Financial Crises in Emerging Market Countries
FREDERIC MISHKIN, Columbia University and NBER

10/24/00