Center for Research on Economic Development and Policy Reform Stanford University. Latin American Conference on Fiscal and Financial Reforms

Transcription

1 Center for Research on Economic Development and Policy Reform Stanford University Latin American Conference on Fiscal and Financial Reforms November 9-11, 2000 Landau Economics Building, Main Conference Room 576 Serra Street at Galvez Stanford, CA Wednesday, November 8 Financial Sector Policies 7.30 pm Welcoming Reception, Hotel Palo Alto Crown Plaza

2 Thursday, November 9 Financial Sector Policies 9.00 am Anne O. Krueger, Stanford University welcome 9.15 am Everardo Elizondo, Banxico Opening address am Pablo Guidotti, Universidad Torcuato di Tella Global Finance: Lessons from the 1990 s for Latin America am Break Chair: Anne O. Krueger, Stanford University Discussant: Ronald McKinnon, Stanford University am Philip Brock, University of Washington Trade Liberalization and the Lender of Last Resort in the Americas pm Lunch Chair: Anne O. Krueger, Stanford University Discussant: Michael Michaely, Hebrew University/Stanford U 2.00 pm Francisco Gil Diaz, Avantel The China Syndrome or the Tequila Crisis Chair: Jose A. Gonzalez, Stanford University Discussant: Vittorio Corbo, PCU Chile 3.15 pm Stephen Haber, Stanford University Financial Markets in Industrial Development: Brazil and Mexico. Chair: Jose A. Gonzalez, Stanford University Discussant: Ernesto Schargrodsky, UTDT/Stanford University

3 4.30 pm Break 4.45 pm Financial Sector Panel Agustin Carstens, IMF / Banxico Klaus Schmidt-Hebbel, Central Bank of Chile Ronald McKinnon, Stanford University 6.00 pm Bus to hotel Chair: Roberto Zahler, Zahler & Co pm Dinner at Palo Alto Crowne Plaza Hotel Friday, November 10 Monetary Policies 9.30 am Vittorio Corbo, Pontifical Catholic University of Chile Klaus Schmidt-Hebbel, Central Bank of Chile Inflation Targeting: The Latin American Experience am Break Chair: Aaron Tornell, UCLA Discussant: Agustin Carstens, IMF / Banxico am Jose A. Gonzalez, Stanford University Macroeconomic Management in Partially Dollarized Economies pm Lunch Chair: Aaron Tornell, UCLA Discussant: Michael Kumhof, Stanford University

4 1.15 pm Monetary Policies Panel Gustavo Franco, PUC Rio Everardo Elizondo, Banxico Roberto Zahler, Zahler & Co 2.45 pm Break Chair: Stanley Fischer, IMF 3.00 pm Ricardo Caballero, MIT International Liquidity Management: Problems in Modern Latin America Chair: Nicholas Hope, Stanford University Discussant: John McMillan, Stanford University 4.15 pm Marcio Garcia, Pontifical Catholic University - Rio Very High Interest Rates and the Cousin Risks: Brazil During the Real Plan 6.00 pm Cocktails Chair: Nicholas Hope, Stanford University Discussant: Aaron Tornell, UCLA 6.30 pm Stanley Fischer, IMF Dinner Keynote Address

5 Saturday, November 11, Fiscal Policies 9.00 am Rogerio Werneck, Pontifical Catholic University - Rio Tax Reform in Brazil: Small Achievements and Great Challenges Discussant: Carola Pessino, CEMA am Santiago Levy Enrique Davila, Finance Ministry, Mexico Redistribution Effects of Fiscal Reform in Mexico: A Policy Proposal am Break Discussants: Antonio Rangel, Stanford University Ricardo Fenochietto am Vito Tanzi, IMF Tax Reform in Latin America: Achievements and the Remaining Agenda Discussants: Santiago Levy, Ministry of Finance Mexico Rogerio Werneck, Pontifical Catholic University Rio pm Arnold Harberger, UCLA Closing Remarks 1.15 pm Lunch