Infrastructure and Financial Markets Division
Inter-American Development Bank
and
Japan Center for International Finance

"Financial Crises: Japan's Experience and Implications
for Latin America and the Caribbean"

June 11-12, 2001

1300 New York Avenue, NW, Washington, D.C., 20577
Andrés Bello Auditorium

AGENDA
(Adobe Acrobat)

Monday, June 11, 2001

8:00 - 9:00

Registration

9:00 - 9:30

Welcome and Opening Remarks

Enrique Iglesias, President, Inter-American Development Bank
Toru Kodaki, Executive Director, Inter-American Development Bank

9:30 - 10:30

Session 1: Global Surroundings. Japan?s Banking Crisis. Implications for the World and LAC^*

Speaker: Makoto Utsumi, President of Japan Center for International Finance, Former Vice-Minister of Finance for International Affairs, Japan

11:00 - 12:30

Moderator
William Ryback, Senior Associate Director, Board of

13:00-14:30

Working Lunch: Sponsored by the Japan Bank for International Cooperation (JBIC), Las Americas Dining Room (7^th floor).
Speaker: Agustín Carstens, Undersecretary of Finance, Mexico
Host: Toru Tokuhisa, Chief Representative, JBIC Washington, D.C.

14:30-16:00

Session 3: Policy Actions

Speakers
Yoshio Okubo, Deputy Commissioner for International Affairs, Financial Services Agency, Japan
Ruth de Krivoy, Former President of the Central Bank, Venezuela

Discussants
Tereza Grossi Togni, Director of Banking Supervision, Central Bank of Brazil
Charles Collyns, Senior Advisor, Asia and Pacific Department, IMF
Audrey Anderson, Deputy Governor, Bank of Jamaica

Moderator
Eduardo Lora, Principal Economist, IDB

16:30-18:00

Session 4: Market Discipline and the Functioning of Financial Markets

Speakers
Mitsuhiro Fukao, Professor, Faculty of Business and Commerce, Keio University, Japan
Roque Fernández, Former Minister of Economy and President of the Central Bank, Argentina

Discussants
Sergio Schmukler, Senior Financial Economist, Development Research Group, IBRD
Cliff Griep, Executive Managing Director and Chief Credit Officer, Standard & Poor?s

Moderator
Pietro Masci, Chief, Infrastructure and Financial Markets Division, IDB

Tuesday, June 12, 2001

9:00 - 10:30

Session 5: Preemptive Strategies. Assessment and Management of Financial Risks

Speakers
Theodore Barnhill, Professor, The George Washington University
Elizabeth Roberts, Director, Financial Stability Institute, BIS
Jean Pierre Sabourin, President, Canada Deposit Insurance Corporation, and Chairman, Financial Stability Forum Working Group on Deposit Insurance

Discussants
Stefan Ingves, Director, Monetary and Exchange Affairs Department, IMF
José Antonio Meade, General Director of Banking and Savings, Ministry of Finance, Mexico

Moderator
Motoo Kusakabe, Vice-President for Resource Mobilization and Co-Financing, IBRD

11:00 - 13:00

Concluding Panel Discussion: Lessons for Latin America and the Caribbean

Panelists
Eduardo Lizano, President of the Central Bank, Costa Rica
Roberto Zahler, Former President of the Central Bank, Chile
Claudio Loser, Director, Western Hemisphere Department, IMF
Shigeki Kimura, Deputy Manager, Finance Department, IDB

Moderator
K. Burke Dillon, Executive Vice-President, IDB

13:15-14:30

Working Lunch: Strategies to Avoid Future Crises. Sponsored by JCIF, Las Americas Dining Room (7^th floor)

Speaker: Adam Posen, Senior Fellow, Institute for International Economics