Macro Economy

Fiscal Policy in the Post-Crisis World

Program Overview

Macro Economy Research Conference
16 November 2010
Hotel Okura Tokyo

Program

Opening Remarks
Junichi Ujiie, Nomura Foundation and Nomura Holdings
Morning Session
Moderator:Toshihiro Ihori, University of Tokyo

Fiscal Consolidation in America: the Policy Options
Rosanne Altshuler, Rutgers UniversityBarry Bosworth, Brookings Institution

Comments:
Eiji Tajika, Hitotsubashi University

Paola Subacchi, Chatham House

Fiscal policy in the Eurozone after the Crisis
David Vines, Oxford University and Australian National University

Comments:
Masahiro Kawai, Asian Development Bank Institute

Barry Bosworth, Brookings Institution

Lunch Presentation

Global Fiscal Consolidation, the G20's Mutual Assessment Process, and Reform of the International Monetary System
David Vines, Oxford University and Australian National University

Afternoon Session
Moderator: Paola Subacchi, Chatham House

Reconsidering the Prospects for Japan's Long-Term Interest Rates
Masaki Kuwahara, Nomura Securities

Comments:
Barry Bosworth, Brookings Institution

David Vines, Oxford University and Australian National University

Chinese Fiscal Policy in the Post-Crisis Period
DING Ningning, Development Research Center of the State Council

Comments:
C-H Kwan, Nomura Institute of Capital Markets Research

Rosanne Altshuler, Rutgers University

Closing Remarks
Junichi Ujiie, Nomura Foundation and Nomura Holdings