Asian Economic Panel Meeting
Program of Meeting at KIEP, Seoul,
October 9-10, 2003

convened by The Earth Institute at Columbia University, Global Security Research Center at Keio University, and Korea Institute for International Economic Policy (KIEP) with assistance from University of California, Davis


Thursday, October 9, 2003

08:40am - 09:00am Registration and Welcome
Format: 25 minutes for paper presentation, 10 minutes for discussants each

09:00am - 12:00am Deciphering the Message in Japanese Deflation Dynamics
Paul D. McNelis, Georgetown University and
Naoyuki Yoshino, Keio University
Discussants:
Kiyohiko Nishimura, University of Tokyo
Gordon de Brouwer, Australian National University
Juro Teranishi, Hitotsubashi

Famine and Reform in North Korea
Marcus Noland, Institute for International Economics
Discussants:
Deok Ryong Yoon, KIEP
Fredrik Sjoholm, Stockholm School of Economics
Yeon Kyun Wang, Choong Ang University

12:00pm - 1:30pm Lunch

1:30pm - 3:45pm Macroeconomic Policy and Employment Promotion in China:
Economic Growth and Employment
HU Angang, Tsinghua University
Discussants:
Xiao Geng, University of Hong Kong
Keun Lee, Seoul National University
Wing Thye Woo, University of California, Davis

Regional versus Global Risk Sharing in East Asia
Soyoung Kim, Korea University,
Sunghyun H. Kim, Tufts University and
Yunjong Wang, KIEP
Discussants:
Raul Fabella, University of Philippines
Sayuri Shirai, Keio University

3:45pm - 4:00pm Coffee Break

4:00pm - 6:15pm Growth cycle (de)synchronization in East Asia: Solving a Puzzle
Eric Girardin, Université Marseille
Discussants:
Kaliappa Kalirajan, Graduate Research Institute on Policy
Studies
Chang Jin Kim, Korea University

China’s Strategy to Develop Its Western Provinces:
Pitfalls and Options
Zhang Wei, Cambridge University
Discussants:
Young Sook Nam, KIEP
Sylvie Démurger, Universite Auvergne
Ligang Song, Australian National University

7:00pm Dinner hosted by KIEP
Talk by Jeffrey D. Sachs


Friday, October 10, 2003

(chaired by Dr. Choong Yong Ahn, President of KIEP)
9:00am - 12:00pm Korea’s Marginal Intra-industry Trade, Trade-induced Adjustment Costs and the Choice
of Preferential
Partners
Hyun-Hoon Lee, Kangwon National University and
Chan Hyun Sohn, KIEP
Discussants:
Kwanho Shin, Korea University
Mari Pangestu, Center for Strategic and International
Studies
Shigeyuki Abe, Center for Southeast Asia Studies

The Asian Economic Crisis Re-Examined
Tomas Willett, Claremont Graduate University,
Ekniti Nititbanprapas,
Isriya Nititbanprapas, and
Sunil Rongala
Discussants:
Eisuke Sakakibara, Keio University
Bhanupong Nidhiprabha, Thammasat University
Ashima Goyal, Indira Gandhi Institute for Development
Research

12:00pm - 1:30pm Lunch

1:30pm - 3:45pm The Great Sucking Sound: Is China Diverting Foreign Direct Investments from Other
Asian Countries?
Busakorn Chantasasawat, University of California, Santa Cruz
Fung Kwok-Chiu, , University of California, Santa Cruz
Hitomi Iizaka, The University of Hong Kong
Alan Siu, The University of Hong Kong
Discussants:
Chen Kang, Nanyang Technological University
Chou Ji, Chunghua Institute of Economic Research
Yiping Huang, Citigroup

Towards Developing Regional Bond Markets in East Asia
Dae Keun Park, Hanyang University and
Yung Chul Park, Korea University
Discussants:
Anwar Nasution, Senior Deputy Governor, Indonesia
Tan Khee Giap, Nanyang Techonological University, Singapore

3:45pm Closing