2nd Asian Monetary Policy Forum, 2015


The AMPF is modelled after the highly successful US Monetary Policy Forum, which meets annually in New York. The AMPF is organized under the auspices of the ABFER, with support from the University Of Chicago Booth School Of Business, the National University of Singapore Business School, and the Monetary Authority of Singapore (MAS).

This year the AMPF will commence on 28th May 2015 with a combined dinner with ABFER and keynote speech. The following day on 29th May 2015, the program will kick off at 9am with the opening remarks and subsequently the commissioned paper presentation, lunch and Governor’s Dialogue.


7:30 - 9.30pm
Joint Dinner for ABFER and AMPF

Venue: Pacific Ballroom

Welcome Remarks

Professor Tan Chorh Chuan, President, National University of Singapore

Keynote Speech:

Professor Carmen M. Reinhart, Harvard Kennedy School of Government
"The Global Economy Seven Years After Financial Crisis: Vulnerabilities and Policy Issues"
Download slides 

Q&A Session Moderator:

Professor Andrew K. Rose, University of California, Berkeley and MAS Term Professor in Economics and Finance

8:15 - 8:45am

Venue: Pacific Ballroom

8:45 - 8:50am
Welcome Remarks

Venue: Pacific Ballroom

By: Mr Edward Robinson, Assistant Managing Director and Chief Economist, Monetary Authority of Singapore

8:50 - 9:25am
Conference Keynote Address by Dr. Jacob A. Frenkel, Chairman of JP Morgan Chase International

Venue: Pacific Ballroom

Title: "The Global Economic and Financial System: Challenges and Prospects"

Introduction: Prof Bernard Yeung, Dean of NUS Business School & President of ABFER

9:25 - 10:05am
Commissioned Paper by Professor Barry Eichengreen, University of California, Berkeley

Venue: Pacific Ballroom

Title: "Financial Development in Asia: The Role of Policy and Institutions, with Special Reference to China"

10:05 - 10:20am

Venue: Pacific Ballroom Foyer

10:20 - 12:00nn
Discussion of Commissioned Paper:

Venue: Pacific Ballroom

Chair: Governor Glenn Stevens, Reserve Bank of Australia

Professor Hélène Rey, London Business School
Download Slides  

Dr Mark Spiegel, Federal Reserve Bank of San Francisco
Download Slides  

12:00 - 1:45pm
Lunch Dialogue with Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister for Finance, Singapore

Venue: Pacific Ballroom

Professor Tan Chorh Chuan, President, National University of Singapore

Professor Steven Davis, Deputy Dean, The University of Chicago Booth School of Business

1:45 - 2:00pm

Venue: Pacific Ballroom Foyer

2:00 - 3:10pm
Panel Discussion: “Conjunctural and Policy Issues Confronting Asia”

Venue: Pacific Ballroom

Mr Ravi Menon,Managing Director, Monetary Authority of Singapore

Governor Prasarn Trairatvorakul,Bank of Thailand

Dr Jahangir Aziz, Head, Emerging Markets Asia Economic Research, JP Morgan

Mr Bert Hofman, Country Director for China, Mongolia and Korea, World Bank

Dr Wei Shang-Jin, Chief Economist & Director General, Asian Development Bank


Venue: Pacific Ballroom

Prof Bernard Yeung, Dean of NUS Business School & President of ABFER


Venue: Pacific Ballroom


(Updated 18 May 2016. Program subjected to change.)

Guest of Honor

  • DPM Tharman Shanmugaratnam

    DPM Tharman Shanmugaratnam


    Parliament of Singapore Deputy Prime Minister and Minister for Finance, Singapore

    DPM Tharman Shanmugaratnam has served as Deputy Prime Minister in Singapore since 2011, and Minister for Finance since 2007. He leads the recently-formed SkillsFuture national initiative, which seeks to develop the skills of the future, and empower Singaporeans to learn throughout life.

    Tharman was appointed by his international peers as Chairman of the IMFC, the policy steering committee of the IMF, for four years from March 2011 and was its first Asian chair. He is a member of the Group of Thirty, an independent council of leading economic policy-makers, finance leaders and academics.

    He chairs the International Academic Advisory Panel that advises the Singapore government on strategies for the university sector. In addition, he chairs the International Advisory Council of the Singapore Economic Development Board.

    He served for five years as Minister for Education, between 2003 and 2008. Much of his earlier professional life was spent at the Monetary Authority of Singapore (MAS), Singapore’s central bank and integrated financial regulator, where he was chief executive before entering politics in 2001.

    Tharman studied economics at the London School of Economics and Cambridge University. He later took a masters in public administration at Harvard University, where he received the Lucius N. Littauer Fellow award for outstanding performance and leadership potential.

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  • Professor Barry Eichengreen

    Professor Barry Eichengreen


    University of California, Berkeley
    George C. Pardee and Helen N. Pardee Professor of Economics and Political Science

    Barry Eichengreen is the George C. Pardee and Helen N. Pardee Professor of Economics and Professor of Political Science at the University of California, Berkeley, where he has taught since 1987. He is a Research Associate of the National Bureau of Economic Research (Cambridge, Massachusetts) and Research Fellow of the Centre for Economic Policy Research (London, England). In 1997-98 he was Senior Policy Advisor at the International Monetary Fund. He is a fellow of the American Academy of Arts and Sciences (class of 1997).

    Professor Eichengreen is the convener of the Bellagio Group of academics and economic officials and chair of the Academic Advisory Committee of the Peterson Institute of International Economics. He has held Guggenheim and Fulbright Fellowships and has been a fellow of the Center for Advanced Study in the Behavioral Sciences (Palo Alto) and the Institute for Advanced Study (Berlin). He is a regular monthly columnist for Project Syndicate.

    His books include Labor in the Era of Globalization, co-edited with Clair Brown and Michael Reich, Emerging Giants: China and India in the World Economy, co-edited with Poonam Gupta and Ranjiv Kumar, Fostering Monetary & Financial Cooperation in East Asia, co-edited with Duck-Koo Chung, What G20 Leaders Must Do to Stabilize Our Economy and Fix the Financial System, co-edited with Richard Baldwin, (e-book 2008), Rescuing Our Jobs and Savings: What G7/8 Leaders Can Do to Solve the Global Credit Crisis, co-edited with Richard Baldwin, (e-book 2008), Globalizing Capital: A History of the International Monetary System, Second Edition (2008), The European Economy since 1945: Coordinated Capitalism and Beyond (updated paperback edition) (2008), Bond Markets in Latin America: On the Verge of a Big Bang?, co-edited with Eduardo Borensztein, Kevin Cowan, and Ugo Panizza (2008), and China, Asia, and the New World Economy, co-edited with Charles Wyplosz and Yung Chul Park (2008).

    He was awarded the Economic History Association's Jonathan R.T. Hughes Prize for Excellence in Teaching in 2002 and the University of California at Berkeley Social Science Division's Distinguished Teaching Award in 2004. He is also the recipient of a doctor honoris causa from the American University in Paris.

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