FFD Multi-Stakeholder Consultation on Systemic Issues (New Delhi, India) – New Rules for Global Finance Coalition


August 29-30, 2005

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Organized by Civil Society: New Rules for Global Finance Coalition, Institute for Human Development, International Development Economic Associates (IDEAS), United Nations Development Programme, and Friedrich Ebert Foundation

In Cooperation with the UN Financing for Development Office

Agenda

Monday, August 29, 2005


7:30 p.m. Dinner for Conference participants

Venue: Maple, India Habitat Centre

Tuesday, August 30, 2005


Venue: Jakaranda 11, India Habitat Centre

9:00 a.m. Tea9:30 a.m. Introduction: Goal of the Multi-Stakeholder Consultations on Systemic Issues

Welcome: Randall Dodd, New Rules for Global Finance Coalition and Financial Policy Forum

Remarks:

Jayati Ghosh, Executive Secretary, IDEAS and Professor, Jawaharlal Nehru University

Akakh N. Sharma, Director, Institute for Human Development

10:00 a.m. SESSION I: TRADE AND DEVELOPMENT

  • Efficacy of export-led growth
  • Trade liberalization and public sector revenues
  • Commodities: Short and long-term proposals

Moderator: Muchkund Dubey, President, Council for Social Development, Former Foreign Secretary, India

Discussion Initiators

Nagesh Kumar, Director General, Research and Information System for Non-Aligned and Other Developing Countries

Dev Nathan, Visiting Professor, IHD

P H Ravikumar, Chairman and Managing Director, National Commodity and Derivatives Exchange Limited

11:30 a.m. Coffee Break

11:45 a.m. SESSION II: MANAGING RISK

  • International Borrowing in Local Currency

Moderator: Alex Trepelkov, Chief, Multi-stakeholder Outreach and Engagement Branch, Financing for Development Office, UN

Discussion Initiator: Randall Dodd, Director, Financial Policy Forum

1:15 p.m. Lunch

Speaker: Y.K. Alagh, Former Union Minister and Chairman, Institute for Human Development

3:00 p.m.

SESSION III: HEALTHY FINANCING FOR THE REAL ECONOMY

  • State Intervention in the Market for Social Ends
  • National Development Banks
  • Prudential Regulation of Financial Markets and Counter-Cyclical Policies

Moderator: B.B. Bhattacharya, Vice Chancellor, Jawaharlal Nehru University

Discussion Initiators

Sunanda Sen, Former Professor, Jawaharal Nehru University

C.P. Chandrashekhar, Professor, Jawaharal Nehru University & IDEAs

Vijay Mahajan, Director, BASIX, Hyderabad

7:30 p.m. Dinner Sponsored by Friedrich Ebert Foundation

Venue: Maharani Hall, Hotel Claridges

Wednesday, August 31, 2005


Venue: Jakaranda I, India Habitat Centre

9:00 a.m. Tea

9:15 a.m. SESSION IV REGIONAL PRIORITIES

  • Prudential Regulation of Microfinance

Moderator: C.P. Thakur, Faculty of Management Studies, University of Delhi and former Member of Parliament

Discussion Initiators

Sitaram Rao, Swayam Krishi Sangam (SKS), India

S.K. Mitra, Executive Director, National Bank for Agriculture and Rural Development

10:45 a.m. Coffee Break

11:00 a.m. SESSION V: RECOMMENDATIONS: WHEN CRISES STRIKE

  • A Comprehensive Framework for Sovereign Debt Restructuring in Middle-Income Countries

Moderator: Pronab Sen, Principal Advisor, Planning Commission, GOI

Discussion Initiators

Frank Schroeder, Senior Economist, Friedrich Ebert Foundation, New York

Khalid Sheikh, Senior Vice-President, ABN AMRO

S. C. Mishra, Chief Adviser, United Nations Support Facility for Indonesian Recovery, UNSFIR, Jakarta

Errol D’ Souza, Professor, Indian Institute of Management, Ahmedabad

12:45 p.m. Lunch

Speaker: V.S. Vyas, Chairman, Institute of Development Studies, Jaipur and Member of the Reserve Bank of India

2:15 p.m. SESSION VI: Governance

  • Governance of International Rule-making Bodies
  • Governance of Regional Bodies

Discussion Initiators

G.S. Bhalla, Professor Emeritus, Jawaharlal Nehru University and former Member, Planning Commission, Government of India

B.P. Singh, former Executive Director of India to the World Bank

Tarun Das, Economic Adviser, Ministry of Finance, Government of India

5:00 p.m. Tea

5:30-7:30 PUBLIC FORUM

Venue: Jacaranda 1

Welcome: Alakh N. Sharma, Director, IHD

Main Deliberations and Conclusions of the Consultation

Randall Dodd, New Rules for Global Finance Coalition and Financial Policy Forum

Keynote Address by the Chief Guest

Arjun Sengupta, Member of Parliament and Chairman, National Commission on Enterprises in the Informal Sector

Views of the Panelists

Abhijit Sen, Member, Planning Commission of India

Khalid Sheikh, Senior Vice President, ABN AMRO

Comments and Discussion from the Floor

Remarks by the Moderator

Nitin Desai, former Under Secretary General, United Nations

Vote of Thanks

Dr. Dev Nathan, Visiting Professor IHD

7:30 p.m.: Reception and Dinner

Venue: Jacaranda, India Habitat Centre

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