Please send us your feedback


Conference

CONNECT VIA IMF Podcast IMF Twitter IMF LinkedIn IMF RSS IMF YouTube IMF Flickr IMF Email Notification IMF Social Media Hub IMF App for iOS IMF App for Android
SDR Rates for March 24 SDR Interest Rate = 0.370% | 1 USD = SDR 0.733615 MORE

Capacity Building Seminar on Monetary Policy in Transition: The Case for a Two-Pillar Monetary Regime

IMF Conference Co-hosted by Regional Office for Asia and the Pacific, Monetary and Capital Markets Department, and Bank Indonesia
Bali, Indonesia

October 23-24, 2014


The course was focused on issues in modernizing monetary policy frameworks in frontier economies, where financial markets are less developed and the central bank faces other constraints. Also the course reviewed the recent analytical work done by MCM on two-pillar monetary frameworks during transition—monetary targets and inflation targets—and took stock of country experiences in this regard.

Thursday, October 23, 2014

8:45 - 9:15 a.m.

Registration

9:15 - 9:30 a.m.

Opening Remarks

Odd Per Brekk (Director, Regional Office for Asia and the Pacific, IMF)

Mr. Ananda Pulungan (Director, Bank Indonesia Regional Office III- Bali)

9:30 - 10:45 a.m.

Lecture 1. Monetary Policy in Frontier Economies

Mr. Bernard J. Laurens, Deputy Division Chief, Central Bank Operations, Monetary and Capital Markets Department (MCM)

Presentation

10:45 - 11:00 a.m.

Photo Session

11:00 - 11:15 a.m.

Coffee Break

11:15 a.m. - 12:45 p.m.

Lecture 2. The Conceptual Framework

Mr. Bernard J. Laurens, Deputy Division Chief, Central Bank Operations, Monetary and Capital Markets Department (MCM)

Presentation

12:45 - 2:00 p.m.

Lunch

2:00 − 3:30 p.m.

Lecture 3. Policy Formulation

Mr. Ian Nield, Resident Advisor, Technical Assistance Office for the Lao PDR and the Republic of the Union of Myanmar(TAOLAM)

Presentation

3:30 - 4:00 p.m.

Coffee Break

4:00 − 5:30 p.m.

Lecture 4. Operational Challenges

Mr. Ian Nield, Resident Advisor, Technical Assistance Office for the Lao PDR and the Republic of the Union of Myanmar(TAOLAM)

Presentation

7:00 - 9:00 p.m.

Dinner

Friday, October 24, 2014

8:45 - 10:00 a.m.

Participant Presentation on Monetary Policy Modernization Experience in a Respective Country I

10:00 - 10:15 a.m.

Coffee Break

10:15 - 11:30 a.m.

Participant Presentation on Monetary Policy Modernization Experience in a Respective Country II

Country Participants

11:30 a.m. - 1:30 p.m.

Lunch

1:30 − 3:00 p.m.

The Experiences of Indonesia and Thailand with Monetary Policy Modernization

Dr. Solikin M. Juhro, Director, Economic Research and Monetary Policy Department, Bank Indonesia

Dr. Daranee Saeju , Director, Financial Markets Department, Bank of Thailand

3:00 - 3:15 p.m.

Coffee Break

3:15 - 4:30 p.m.

Round Table Discussion on Monetary Policy Modernization

Moderated by Mr. Bernard J. Laurens, Monetary and Capital Markets Department (MCM)

4:30 − 5:00 p.m.

Closing Remarks and Presentation of Certificates

Ms. Yuko Kinoshita, Deputy Head of Office, Regional Office for Asia and the Pacific (OAP), IMF

5:00 - 6:00 p.m.

Reception