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93.7459

Financial Integration in Asia &
the Role of Hong Kong

1997

The Hong Kong Monetary Authority and the International Monetary Fund co-organised the Conference on Financial Integration in Asia and the Role of Hong Kong in Hong Kong on 7 March 1997. This book is a collection of speeches from the Conference to make available the wisdom and wealth of information on a wider basis.

Cover

Table of contents

Preface

Overview of the Conference

Conference Programme

Opening Session

  • Opening Remarks
    Joseph C K Yam, Chief Executive, Hong Kong Monetary Authority
  • Welcoming Remarks
    Christopher Patten, Governor of Hong Kong

Session 1: Key Aspects of Regional Economic and Financial Integration (Part I)

  • Chairman's Introductory Remarks
    Joseph C K Yam, Chief Executive, Hong Kong Monetary Authority
  • Globalisation and Asia: The Challenges for Regional Co-operation and the Implications for Hong Kong
    Michel Camdessus, Managing Director, International Monetary Fund
  • Regional Economic and Financial Integration: The Role of Hong Kong in Asia and the World
    Kenneth Clarke, Chancellor of the Exchequer, United Kingdom
  • Economic integration in Asia and Hong Kong's Status as an International Financial Centre
    Dai Xianglong, Governor, People's Bank of China
  • Financial Integration: Opportunities and Risks
    Anwar bin lbrahim, Deputy Prime Minister and Minister of Finance, Malaysia

Session 2: Key Aspects of Regional Economic and Financial Integration (Part II)

  • Chairman's Introductory Remarks
    Gabriel C Singson, Governor, Bangko Sentral ng Pilipinas, Philippines
  • Global Trade and Financial Interdependence -The Key to Prosperity and Tranquillity
    E Gerald Corrigan, Managing Director, Goldman, Sachs & Co
  • Policy Direction Towards a More Integrated Asia: A Central Banker's Perspective
    Kyung Shik Lee, Governor, Bank of Korea
  • Luncheon Speech: The Eleven Commandments
    Donald Tsang, Financial Secretary, Hong Kong
  • Remarks on Financial Secretary's Luncheon Speech
    Michel Camdessus, Managing Director, International Monetary Fund

Session 3: The Challenges and Opportunities for Hong Kong of Growing Regional Integration (Part I: Policy Issues for Hong Kong)

  • Chairman's Introductory Remarks
    Chen Yuan, Deputy Governor, People's Bank of China
  • Growing Regional Integration in Asia: Some Policy Issues Regarding The Role of Hong Kong
    J Soedradjad Djiwandono, Governor, Bank Indonesia
  • Hong Kong's Economic Transformation: Policy Challenges and Future Potential
    Hubert Neiss, Director, Asia and Pacific Department, International Monetary Fund
  • The Importance of Regional Co-operation
    Rafael Hui, Secretary for Financial Services, Hong Kong

Session 4: The Challenges and Opportunities for Hong Kong of Growing Regional Integration (Part II: The Challenges of Greater Regional Integration)

  • Chairman's Introductory Remarks
    Kunio Saito, Director, Regional Office for Asia and the Pacific, International Monetary Fund
  • Factors Influencing East Asian Performance
    David Borthwick, Deputy Secretary, Department of the Treasury, Australia
  • Tokyo's "Big Bang" Plan and Its Implications for Asian Financial Markets
    Yukio Yoshimura, Deputy Director-General International Finance Bureau, Ministry of Finance, Japan
  • Economic and Financial Integration - Singapore's Perspective
    Khor Hoe-Ee, Deputy Director and Advisor, Economics Department, Monetary Authority of Singapore
  • Policy Challenges from Increased Global and Regional Integration
    David Goldsbrough, Senior Advisor Asia and Pacific Department, International Monetary Fund

Closing Session

  • Chairman's Introductory Remarks
    Joseph C K Yam, Chief Executive, Hong Kong Monetary Authority
  • Concluding Remarks
    Michel Camdessus, Managing Director, International Monetary Fund
  • Closing Remarks
    Tung Chee-hwa, Chief Executive, Hong Kong Special Administrative Region

Background Papers

  • Asia: Recent Economic Trends and Prospects, and the Challenges of Globalisation
    Mahmood Pradhan, International Monetary Fund
  • Hong Kong: Structural Change, Integration, and Economic Policies
    Aasim Husain, International Monetary Fund
  • Hong Kong's Monetary Arrangements Through 1997
    Hong Kong Monetary Authority staff
  • The Importance of Financial Infrastructure in Financial Integration
    Hong Kong Monetary Authority staff

Biography of speakers

Last revision date: 1 August 2011
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