Asia-Pacific Regional Seminar 0831 — India’s Financial System: Building the Foundation for Strong and Sustainable Growth
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- Asia-Pacific Regional Seminar 0831 — India’s Financial System: Building the Foundation for Strong and Sustainable Growth
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Contact
For event inquiries:
International Monetary Fund
Regional Office for Asia and the Pacific
Tel. 81-(0)3-3597-6700
Email: OAPEconomicSeminar@IMF.org
Event overview and objectives
- The IMF Regional Office for Asia and the Pacific hosted a seminar on the IMF book "India’s Financial System: Building the Foundation for Strong and Sustainable Growth."
- The seminar focused on ways to strengthen India’s financial system, with emphasis on its changing structure and macro-financial linkages.
- The event format included presentations, discussant comments, and a Q&A session.
Key participants and roles
- Alfred Schipke — Director, IMF-Singapore Regional Training Institute; editor of the book; presented on strengthening India’s financial system. Previous roles cited by the institution include Assistant Director in the IMF Asia and Pacific Department, Mission Chief to India, IMF Senior Resident Representative for China from 2013-2020, division chief coordinating work on fast-growing low-income countries in Southeast Asia, Mission Chief for Vietnam, and responsibility for Latin Caribbean and Eastern Caribbean Currency Union divisions in the IMF’s Western Hemisphere Department. Academic posts include teaching international finance at Harvard Kennedy School and the National School of Development at Peking University.
- Toshiyuki Miyoshi — Vice Commissioner for International Affairs, Financial Services Agency (FSA) of Japan; provided discussant comments. The FSA biography notes he heads the FSA’s international affairs group, represents the FSA at working-level meetings of the G20 and G7, serves as the FSA’s alternate member of the Standing Committee on Supervisory and Regulatory Cooperation of the Financial Stability Board (FSB), and previously served as Deputy Director-General of the Supervision Bureau and Deputy Commissioner for International Affairs. Prior experience includes division director at Japan’s Ministry of Finance (MOF) with responsibilities including development of the G20 Principles for Quality Infrastructure Investment and the debt sustainability agenda under Japan's G20 Presidency in 2019. Educational background includes a Bachelor’s degree in public law at the University of Tokyo and a Master of Philosophy in Politics at the University of Oxford.
- Keiichiro Nishio — Associate Professor, Graduate School of Business, Osaka Metropolitan University; served as discussant. Institutional biography notes prior posts as Lecturer and Associate Professor at Aichi University of Education from 2015-2023, and Associate Professor at Matsuyama University from 2009-2015. Research interests include the Asian financial system and the Indian financial system; engagement with international monetary systems in the Asian region. He is Executive Director in the Society for the Economic Studies of Securities and Japan Society for the Study of Credit Theory.
- Akihiko Yoshida — Director, IMF Regional Office for Asia and the Pacific; provided the introduction.
Discussion themes and substantive focus
- Strengthening India’s financial system as the foundation for sustained growth following economic liberalization in 1991.
- Examination of the changing structure of India’s financial system.
- Analysis of macro-financial linkages affecting financial stability and growth in India.
- Contributions drew on the IMF’s new book and expert discussant perspectives from the FSA of Japan and academic research on Asian financial systems.
Agenda and timing (as organized by the IMF Regional Office for Asia and the Pacific)
- 9:30 AM — Registration
- 10:00 AM — Introduction; Akihiko Yoshida, Director, IMF Regional Office for Asia and the Pacific
- 10:05 AM — Presentation; Alfred Schipke, Director, IMF-Singapore Regional Training Institute; Presentation
- 10:45 AM — Comments by discussants; Toshiyuki Miyoshi, Vice Commissioner for International Affairs, Financial Services Agency of Japan; Keiichiro Nishio, Associate Professor, Graduate School of Business at Osaka Metropolitan University; Presentation
- 11:05 AM — Q&A session
- 11:25 AM — Closing & post-event survey
Communications and outreach
- Social media distribution referenced: Facebook and X.
- For press inquiries, contact the IMF Regional Office for Asia and the Pacific Press Officer: Yuko Maeda; Tel: 81-(0)3-3597-6719; Email: OAPMedia@IMF.org.
Content in this bundle
- Comment by Professor Nishio, IMF Asia-Pacific Regional Seminar, August 31, 2023
- India’s Financial System — August 31, 2023
References
- Regional Office Website
- India’s Financial System: Building the Foundation for Strong and Sustainable Growth
- India’s Financial System: Building the Foundation for Strong and Sustainable Growth
- Asia-Pacific Regional Seminar Series
- High-level Economic Policy Conferences
- Macroeconomist Training Program
- Japan-IMF Scholarship Program for Asia