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8:30-10:00
10:30-11:30 |
Countries in the News - Briefings Briefings on selected countries will provide the latest news from senior policy makers and experts on developments relevant to foreign investment. Speakers will highlight the issues and describe initiatives taken. A question and answer period will follow the presentations. Countries to be featured include:
| 8:30-10:00 |
Nigeria: Dawn of a New Day
| Discussion Leaders |
Atiku Abubakar, Vice President, Nigeria
Mallam Adamu Ciroma, Minister of Finance, Nigeria
Alhaji Hassan Adamu, Minister of the Environment, Nigeria
Phillip Asiodu, Chief Economic Adviser to the President, Nigeria
Ghali Umar Na' Abba, Speaker, Federal House of Representatives, Nigeria
Jim Ovia, Managing Director and Chief Executive Officer, Zenith International Bank, Nigeria
Joseph Oladele Sanusi, Governor, Central Bank of Nigeria
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| Moderator |
Nduka Obaigbena, Chairman and Editor-in-Chief, THISDAY Newspapers Group
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| 9:00-10:00 |
Korea: Reform and Recovery
| Discussion Leader |
Bong-Kyun Kang, Minister of Finance and Economy, Korea
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| Moderator |
Donald P. Gregg, President & Chairman of the Board, The Korea Society, USA |
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| 9:00-10:00 |
Turkey: Reconstruction After the Earthquake and Prospects for Reform
| Discussion Leaders |
Mahfi Eğilmez, Member of the Board, Guaranti Bankasi, Osmanli Bankasi, and Korfezbank Garanti Bankasi, Turkey
Gazi Ercel, Governor of the Central Bank, Turkey
Recep Onal, Minister of State, Turkey
Dani Rodrik, John F. Kennedy School of Government, Harvard University, USA
Erkut Yucaoğlu, Chairman of the Board, TÜSİAD, Turkey
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| Moderator |
Ajay Chhibber, Country Director of Turkey, World Bank |
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| 10:30-11:30 |
A Decade of Transformation: Decentralization & Subnational Public Sector Reform in Argentina
| Discussion Leaders |
Carlos Corach, Minister of the Interior, Argentina
Juan Carlos Romero, Governor, Province of Salta, Argentina
Pablo Verani, Governor of Rio Negro Province, Argentina
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| Moderator |
Humberto Petrei, Executive Director, Inter-American Development Bank |
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| 1:15-2:15 |
Thailand: Challenges and Prospects
| Discussion Leaders |
Tarrin Nimmanahaeminda, Minister of Finance, Thailand
Abhisit Vejjajiva, Minister, Office of the Prime Minister, Thailand
Sansern Wongcha-um, Secretary General, Office of the National Economic and Social Development Board, Thailand
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| Moderator |
William H. Itoh, Executive Secretary, Overseas Presence Advisory Panel, State Department, USA |
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12:00-1:00 |
Keynote: The United States as Economic Role Model
Keynote Speaker: Abby Joseph Cohen, Chair, Investment Policy Committee, Goldman, Sachs & Co., USA
Moderator: Afsaneh Mashayekhi Beschloss, Vice President and Treasurer, World Bank
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1:00-2:30 |
Luncheon |
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2:30-4:00
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Survival of the Most Connected:
The Impact of E-Commerce Everyday, more and more companies with suppliers, distributors or
customers in the developing world are taking advantage of the Internet
and related technologies. It is clear that "connectivity"
has become a prerequisite for corporate viability and growth. There is
a growing body of experience on how to operate successfully in this
new environment, yet many corporations in emerging markets still have
not yet been able to join in the benefits. This session will explore
lessons learned and next steps, including:
- In what ways are the relationships among businesses, suppliers
and clients changing as a result of telecommunications and electronic
marketing developments? What are the benefits and risks?
- How are existing and potential partners in developing countries
adapting to these changes?
- What can be done to extend the number of beneficiaries and
partnerships in the electronic marketplace?
| Discussion Leaders |
Richard Bell, Founder and Managing Director, Swift Global Africa Ltd., Kenya
Esther Dyson, Chairman, EDventure Holdings, U
Michael R. Nelson, Program Director, Internet Technology, IBM, USA
William Tiga Tita, Chief Executive Office, Global Management Center, USA
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| Moderator |
Maria Livanos Cattaui, Secretary General, International Chamber of Commerce |
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2:30-4:00
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New-Style Investment in Africa: Strategies in a High-Risk,
High-Return Environment Although it is still only realizing a small part of its investment
potential, Africa is attracting some large investment in critical
sectors. This session will bring together a distinguished panel of
speakersto discuss their experiences in successful investments in a
range of sectors, including power, telecommunications, high value-added
agriculture, textiles, financial services, and tourism. Investors will
offer their views on investment in Africa and how they resolved any
roadblocks.
- Why are investors choosing Africa as a new growth market?
- What were the obstacles for these investors and how have they been
overcome?
- What still needs to be done - by Africa and by the rest of the
international community - to accelerate private investment and create
wealth on the continent?
| Discussion Leaders |
Maurice Vigier de La Tour, Director for Marketing and International Operations for the Floreal Group, Mauritius
Arnold Ekpe, CEO, Ecobank, West Africa
Rolf A. Furter, Chief Executive Officer for Novartis Agro, Switzerland
Shiraz F. Janmohamed, Managing Director General, Jubilee Insurance Company, Kenya
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| Moderator |
Franklin Kennedy, President and CEO HSBC Equator Holdings, United Kingdom |
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2:30-4:00
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Beyond the Balkans: Creating a Shared Vision for South
East Europe Recent events in Southeast Europe underscore the necessity for
developing a shared vision of the region’s future development and
prosperity. Young business leaders from the region and neighboring West
European countries will discuss the key role the emerging private sector
has to play in improving country competitiveness and regional cooperation.
- What are some best practices in foreign investment in the region?
- What new business opportunities exist?
- How can the region attract more foreign investors?
| Discussion Leaders |
Claudio Conti, Manufacturing Director, Manifattura Giorgi, Italy
Mario Giro, Official Representative, Community of Sant'Egidio, Italy
Cristina Grigorescu, Chief Executive Officer, Kasta Metal, Romania
Franz R. Krejs, Managing Director Horizonte Venture Management, Austria
Petko Shishkov, Chairman & CEO, Ropotamo Ltd., Bulgaria
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| Moderator |
Fulvio V. Dobrich, President and CEO, DePfa U.S.A. Inc.
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4:30-6:00
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Latin America's Recovery: How Soon? How Strong? Latin America’s economies face a challenge in restoring economic
growth to the high levels reached before the Asian financial crisis
and the Russian default. Many analysts predict that while 1999 remains
difficult, investment and economic growth should resume early in the new
millennium if Latin America’s leaders stay the course on institutional
reform. This session will feature high-level decision-makers whowill
provide perspectives on the recovery of the region’s largest economies
and details of economic and financial policy innovations they have
undertaken to cope with volatility in international capital markets.
- How are the Latin American countries coping with high interest
rates and volatility? Are the debt markets opening or is there a credit
crunch?
- How real is the threat of a return to protectionism ? What are the
countries’ economic vulnerabilities and how are they being addressed?
- Dollarization, currency boards, pegs or floats – how can Latin
Americans best protect their currencies in a volatile global economy?
Is a single regional currency a realistic prospect?
| Discussion Leaders |
Pablo Guidotti, Secretary of Finance, Ministry of Economy, Argentina
Jose Angel Gurría, Minister of Finance and Public Credit, Mexico
John Lipsky, Chief Economist and Director of Research, The Chase Manhattan Bank, USA
Pedro Sampaio Malan, Minister of Finance, Brazil |
| Moderator |
Guillermo Perry, Chief Economist, Latin America and Caribbean Region, World Bank |
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4:30-6:00
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Creating Jobs for the 21st Century in the
Middle East and North Africa Rapid population growth and ten years of economic stagnation have
left the countries of the Middle East and North Africa (MENA) with
perhaps the most severe employment problem in the developing world.
The labor force in the region is growing more rapidly than in most parts
of the world, and many of the unemployed are young and highly educated.
Across MENA, political leaders and economic policymakers have realized
that job creation is "task number one". But solutions to
the employment problem defy simple answers. Faster economic growth is
clearly required, but may not be sufficient.
- What quality of jobs will be offered to a new generation of workers
as MENA economies move toward globalization?
- Are MENA’s education systems up to the task of producing a labor
force skilled enough to raise productivity and build more competitive
economies?
- What is the role of the public sector - traditionally the employer
of first resort in much of the MENA region – in a world in which the
state is shrinking?
| Discussion Leaders |
Victor Billeh, Director, UNESCO Regional Office, Lebanon
Kemal Dervis, Vice President, Middle East & North Africa, World Bank
M Shafik Gabr, Chairman & Managing Director, ARTOC Group, Egypt
Ghassan Salamé, Director of Studies, Centre National de la Recherche Scientifique, France
Tarik Yousef, Economist, African & Middle Eastern Department, International Monetary Fund
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| Moderator |
Ariane Obolensky, Vice President, European Investment Bank, Luxembourg |
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4:30-6:00
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Commodity Risk Management in Developing Countries:
Bridging the Gap with Market Based Approaches * Managing price risks of highly volatile commodity markets is one of
the major challenges of development, especially for the poorest countries.
Fifty-seven developing countries, mostly in Africa, depended on three
or fewer leading commodities for more than one half of their export
earnings in the early 1990s. Most commodity-dependent countries have
inadequate access to risk-hedging instruments. Markets have failed to
establish links between countries in need of risk management instruments
and market providers of these instruments.
- What is the actual effect of large price volatility and
unpredictability on the macroeconomic stability, financial
creditworthiness and ultimate economic growth of a developing
country?
- Have government and international responses been sufficient, and
where do gaps remain?
- How can producers in commodity-dependent countries better manage
price risks? What role can the international community play in the design
and implementation of an intermediation facility to provide developing
country producers access to these risk-hedging instruments?
| Discussion Leaders |
Marcus Fedder, Treasurer, European Bank for Reconstruction and Development, United Kingdom
Clifford M. Lewis, Senior Vice President of Strategic Planning, Chicago Board of Trade, USA
Richard Kwame Peprah, Minister of Finance, Ghana
Roberto Rodrigues, President, International Cooperative Alliance
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| Moderator |
To Be Announced |
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* Public Policy Forum |
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Please note that Speakers are confirmed as of August 31, 1999 but still subject to change. |
