3rd Asian Monetary Policy Forum, 2016


The 3rd Asian Monetary Policy Forum (AMPF) will be held on 27 May 2016 at the Shangri-La Hotel, Singapore. The forum brings together an exclusive group of high-level central bankers, academics and private sector analysts to share perspectives on pressing monetary policy issues in Asia. 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).

The AMPF will commence on 26 May 2016 with a keynote speech and joint dinner with ABFER. The following day on 27 May 2016, the program will kick off in the morning with an opening key note address followed by a commissioned paper session. This is followed by a lunchtime dialogue with a prominent policymaker. The afternoon agenda is a closed door moderated discussion comprising senior participation from central bankers, academic researchers, and private sector analysts.


5.45 - 7.30pm
ABFER Industry Panel and Round Table Title: “Long-term Investing with the Ebb and Flow of Low Returns.”

Venue: Katong Ballroom

Chair: Professor Joseph Cherian, Practice Professor of Finance and Director, NUS/CAMRI

Panelists: Professor Darrell Duffie, he Dean Witter Distinguished Professorship of Finance, Senior Fellow, Stanford Institute for Economic Policy Research and Professor of Economics (by courtesy), School of Humanities and Sciences, Stanford University

Mr Huang Jing, Managing Executive Director, Harvard Center Shanghai

Dr Prakash Kannan, Senior Vice President, Economics & Investment Strategy and Head, Total Portfolio Management, Government of Singapore Investment Corporation

Mr Teo Eng Cheong, CEO, International, Surbana Jurong

Mr Atsushi Yoshikawa, Advisor, Nomura Securities Co., Ltd

7:30 - 9.30pm
Joint Dinner for ABFER and AMPF Title: “Fissures in the Global Financial System”

Venue: Island A Ballroom

Welcome Remarks

Professor Tan Chorh Chuan, President, National University of Singapore

Keynote Speech:

Professor Kenneth Rogoff, Thomas D. Cabot Professor of Public Policy and Professor of Economics, Harvard University
Download slides 

Q&A Session Moderator:

Dr Wei Shang-Jin, Chief Economist, Asian Development Bank

8:15 - 8:45am

Venue: Tower B Ballroom

8:45 - 8:55am
Welcome Remarks

Venue: Tower B Ballroom

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

10:05 - 10:20am

Venue: Tower B Ballroom Foyer

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

Venue: Tower B Ballroom

Chair: Professor Bernard Yeung, Dean of NUS Business School & President of ABFER

Professor Stephen Cecchetti, Professor of International Economics and Senior Director for Programs, Brandeis University International Business School
Download Slides  

Professor Takatoshi Ito, Professor of International and Public Affairs, The Columbia University
Download Slides  

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

Venue: Tower B Ballroom

Professor Steven Davis, William H. Abbott Professor of International Business and Economics, The University of Chicago Booth School of Business

1:45 - 2:00pm

Venue: Tower B Ballroom Foyer

2:00 - 3:30pm
Panel Discussion: Title:

Venue: Tower B Ballroom

Mr David Marsh,Managing Director and Co-Founder of the Official Monetary and Financial Institutions Forum

Mr Ravi Menon,Managing Director, Monetary Authority of Singapore

Dr Eli Remolona, Chief Representative, Bank for International Settlements Representative Office for Asia and the Pacific

Dr Frederic Neumann, Managing Director and Co-Head Asian Economic Research, HSBC Holdings PLC

Professor Yu Yongding, Director, China's Academy of Social Sciences


Venue: Tower B Ballroom

Professor Steven Davis, William H. Abbott Professor of International Business and Economics, The University of Chicago Booth School of Business


Venue: Tower B Ballroom


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


  • DPM Tharman Shanmugaratnam

    DPM Tharman Shanmugaratnam


    Parliament of Singapore
    Deputy Prime Minister and Coordinating Minister for Economic and Social Policies, Singapore

    DPM Tharman Shanmugaratnam has served as Deputy Prime Minister in the Singapore Cabinet since May 2011. He was also appointed Coordinating Minister for Economic and Social Policies on 1 Oct 2015. He is in addition Chairman of the Monetary Authority of Singapore (MAS), Singapore’s central bank and financial regulator.

    He was appointed by his international peers as Chairman of the International Monetary and Financial Committee (IMFC), the key policy forum of the IMF, for an extended period of four years from March 2011, and was its first Asian chair.

    Among his current responsibilities, he leads the SkillsFuture initiative, which seeks to build the skills of the future among Singaporeans, and empower them to learn at every stage of life.

    He has spent his career in public service, in roles mainly around economic policy and education. He served as Minister for Finance for eight years, from Dec 2007 to Sep 2015. He was Minister for Education for five years, from 2003-2008. He spent much of his earlier professional life at the MAS, where he was the Managing Director before entering politics in 2001.

    He did his schooling in Singapore, before studying at the London School of Economics and Cambridge University for undergraduate and masters degrees in Economics. He later obtained a masters in Public Administration at Harvard University, where he was named a Lucius N Littauer Fellow.

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  • Mr Edward Robinson

    Mr Edward Robinson


    Monetary Authority of Singapore
    Assistant Managing Director and Chief Economist

    Edward Robinson Monetary Authority of Singapore, Assistant Managing Director and Chief Economist He has been with the MAS since 1992 and has been involved in macroeconometric modeling and is responsible for heading a team engaged in the continuing developmental work for the suite of MAS models, which are used for policy analysis.

    He has also been involved in other areas of economic policy work including in various inter-agency work groups which looked at the structural challenges facing the Singapore economy. He served on the Board of the Singapore Competition Commission between 2005 and 2007. He studied economics and applied econometrics at Monash University and the University of Melbourne.

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