International Monetary Fund

Regional Advisory Group: Asia & Pacific


click for more   1st Joint Meeting at the 2010 Annual Meetings in Washington, DC
click for more   Korea Conference on July 12-13, 2010
click for more   Washington D.C. on April 22, 2010
click for more   Singapore on November 13, 2009


Shankar ACHARYA, economists, India

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Shankar ACHARYA is one of India's leading policy economists. Past appointments include Chief Economic Adviser to the Government of India (1993−2001), member of the Securities and Exchange Board of India (1997−2000), and member of the Prime Minister's Economic Advisory Council (2001−2003). He also worked at the World Bank (1971−82 and 1990−93) where he led the team for the 1979 World Development Report. Dr. Acharya has authored eight books and numerous scholarly articles in academic journals. His most recent books are: India and the Global Crisis (2009); (edited with Rakesh Mohan) India's Economy: Performance and Challenges (2010); and India after the Global Crisis (2012).

Currently he is Honorary Professor and Board Member of the Indian Council for Research on International Economic Relations (ICRIER). He also serves on governing boards of several national research organizations and various advisory bodies, including the Reserve Bank's Advisory Committee on Monetary Policy. He is non-executive Chairman of Kotak Mahindra Bank. He writes regularly in the Business Standard. Dr. Acharya has a Ph.D (1972) from Harvard University and a B.A. (1967) from Oxford.

Muhammad CHATIB BASRI, Vice Chairman of the NECCEA, Indonesia


Muhammad CHATIB BASRI is the Vice Chairman of the National Economic Committee of the President of the Republic of Indonesia. He is also a Senior Lecturer at the Department of Economics, University Indonesia, and Research Associate at the Institute for Economic and Social Research, Faculty of Economics University of Indonesia. Since 2005, Mr. Basri serves as a member of Advisory Team to the Indonesian National Team on Trade Negotiation. He was a Special Adviser to the Minister of Finance of the Republic of Indonesia (2006−2010), a sherpa to the President of the Republic of Indonesia for the G˗20 meeting in Washington in November 2008, and a Deputy of Minister of Finance for G˗20 (2006−2010). He obtained his Master of Economic Development in 1996 and his Ph.D. in Economics in 2001, both from Australian National University.

Yung CHUL PARK, Professor, International Studies, Korea University

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Yung CHUL PARK is a distinguished professor of international studies at Korea University, Seoul, and an author of many books on Asian economies. Before returning to Korea University, where he had been professor of economics, he spent three years from 2005 to 2008 at the Graduate School of International Studies, Seoul National University as research professor and director of the Center for International Commerce and Finance. He previously served as the chief economic adviser to the President of Korea (1987−1988), as president of the Korea Development Institute (1986−1987), as president of the Korea Institute of Finance (1992−1998), and as a member of the Central Bank of Korea’s Monetary Board (1984−1986). He also worked for the International Monetary Fund (1968−1974).

Andrew SHENG, President of the Fung Global Institute, China

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Andrew SHENG, President of the Fung Global Institute, is well known in global financial circles as a former central banker and financial regulator in Asia and a commentator on global finance. He is also the Chief Adviser to the China Banking Regulatory Commission and a Board Member of the Qatar Financial Centre Regulatory Authority, and Khazanah Nasional Berhad. In addition, he serves as a member of the International Advisory Council of the China Investment Corporation, the China Development Bank, the Securities and Exchange Board of India and is Adjunct Professor at Tsinghua University and University of Malaya. He has published widely on monetary, economics and financial issues. His latest book is entitled, From Asian to Global Financial Crisis: an Asian Regulator's View of Unfettered Finance in the 1990s and 2000s. He is also a regular contributor to leading economic magazines and newspapers in China and the Asian region. A chartered accountant by training, he has a BSc. in Economics and an honorary doctorate from the University of Bristol.

YU Yongding, Academician of the Chinese Academy of Social Sciences (CASS)

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YU Yongding is the Academician of the Chinese Academy of Social Sciences (CASS). He received his Ph.D in economics from the University of Oxford. Previously he was Director-General of the Institute of World Economics and Politics of CASS, President of the China Society of World Economics, Member of the Monetary Policy Committee of PBC, and Member of the Commission of Experts of the President of the General Assembly on Reforms of the International Monetary and Financial System.

Hiroshi WATANABE, and CEO, Japan Bank for International Cooperation


Hiroshi WATANABE is the President and CEO of the Japan Bank for International Cooperation (JBIC), since 2008 the international finance wing of the Japan Finance Corporation (JFC)—Japan’s premier policy˗based financing institution. In the past, he served as Vice Minister of Finance for International Affairs in the Ministry of Finance (MOF). In that capacity, he was responsible for conducting all international affairs of MOF, including those related to foreign exchange stabilization, foreign development assistance, and the international monetary system. He also served as executive secretary to Minister of Finance Kiichi Miyazawa in the late 1990s. After leaving MOF, he taught at the Graduate School of Commerce and Management, Hitotsubashi University. Mr. Watanabe received LLB at the University of Tokyo and MA in Economics at Brown University.

Tarisa WATANAGASE, Former Governor of the Bank of Thailand


Tarisa WATANAGASE was Governor of the Bank of Thailand from November 2006 to September 2010. Starting in 1975, her long career at the bank has involved a number of responsibilities in all major functions of central banking. She was a member of the Monetary Policy Committee and Financial Institution Policy Committee since 2001, and was the chairperson in both committees. As the head of the Financial System Policy Department during the 1997 crisis, she was instrumental in the formulation and implementation of the financial crisis’ resolution and financial sector and supervisory reforms. She has used her expertise in reforming and supervising the financial sector in participating as an invited external assessor in the assessment of banking supervision under the IMF and the World Bank’s Financial Sector Assessment Program. Ms. Watanagase received her B.A. and M.A. in Economics from Keio University, Japan and Ph.D. in Economics from Washington University, St. Louis, U.S.A.