International Monetary Fund

Spring Meetings Seminars

Asia's Rebalancing:
Regional and Global Implications


Saturday, April 21, 2012, 3:00–4:15 p.m.
IMF HQ1, Gallery, 2nd floor

Webcast: Asia's Rebalancing: Regional and Global Implications
Moderator
Nobutaka Murao, Anchor,
NEWSZERO on NTV

Panelists

Ilan Goldfajn

Ilan Goldfajn
Chief Economist,
Itau Unibanco,
Brazil

Vincent Reinhart

Vincent Reinhart
Chief U.S. Economist,
Morgan Stanley

Naoyuki Shinohara

Naoyuki Shinohara
IMF Deputy
Managing Director

Yi Gang

Yi Gang
Deputy Governor People's Bank of China and Director, State Administration of Foreign Exchange China

Pamela Cox

Pamela Cox
World Bank Group's
Vice President for Latin America and the Caribbean

Nobutaka Murao

Moderator:
Nobutaka Murao

Anchor, NEWSZERO on NTV

Overview

With the nascent recovery in advanced economies remaining highly vulnerable to shocks, domestic sources of growth could help support Asia. Strengthening engines of growth within Asia will not only make the region more resilient, but will also support the necessary shift in global demand from defi cit to surplus economies. In 2011, the trade surplus of emerging Asia, led by China, has declined substantially. Is this evidence of the much needed rebalancing? If not, what is missing and what policies are needed to bring about sustainable adjustment? How would rebalancing in China and Asia affect the Asia region and the global economy? The panel will discuss these and related issues.

click for more Watch a webcast webcast of the seminar

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