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2012 AND BEYOND: WORLD ECONOMIC PROSPECTS (III)

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ADAM SMITH AND ECONOMIC DEVELOPMENT

IN THE XXIst CENTURY © ( LX) :

2012 AND BEYOND:

WORLD ECONOMIC PROSPECTS (III)

PARIS, FRANCE, 6th-7th NOVEMBER, 2012

(At “Le Procope”, a meeting place favoured in the XVIIIth Century by Adam Smith, the Abbot Ferdinando Galiani, David Hume, Quesnay, Turgot and the Physiocrats)

This historical landmark, witness to many fruitful discussions amongst the founders of modern economics, will again provide an inspiring environment for another secluded and high-level meeting (limited to 50 attendees) in which senior policy- makers from across the world will examine and discuss the economy and the prospects of their countries, the challenges they face, and how they intend to address them.

Those responsible for critical policy decisions will thus explain the difficulties and the practical choices they have to secure macroeconomic stability and the proper functioning of the financial institutions, and to deal with an overwhelming concern: how to steer a steady fiscal and monetary policy whilst implementing reforms to ensure they work effectively, taking into account new perceptions of risk and geopolitical realities.

Faithful to a tradition established 20 years ago by Nobel Laureate Wassily Leontief and Lord Peter Bauer, we have endeavoured to keep the conditions that make our Seminars different to all others: above all: intimacy, confidentiality and the conceptual diversity required to promote a civilized contest of conflicting viewpoints.

They are essential to attain the goals of this Seminar:

* to shed new light on current problems;

* to find relevant answers to them; and

* to open new vistas into the future.

YOU will play a critical role in this process.

YOUR QUESTIONS will enrich the discussions and will be welcomed by the policy-makers, who value the practical input of business leaders. Their reaction to them was well summarized already in 1996 by Dr Chris L. Stals, then Governor of the Reserve Bank of South Africa and since 1999 a Member of our Board of Advisers:

“ ... I appreciated the opportunity... to enjoy stimulating discussions on various issues with fellow participants. I view the many questions I had to answer after my presentation as a compliment to the importance, not only

of my country but also of your Seminars”.

A D A M S M I T H S E M I N A R S

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PROGRAMME

Tuesday 6th November, 2012, 7:30 A.M. - 7:30 P.M.

7 : 30 - 7 : 45 Registration and coffee.

7 : 45 - 8 : 00 Prof. Dr Carlos-Alberto CAMPOS, Chairman and organizer.

8 : 00 - 9 : 00 Dr Troy DAVIG, Senior V.P. and Director of Research, Federal Reserve Bank of Kansas City,U.S.A.

9 : 00 - 10 : 00 Mr Jens THOMSEN, former Governor, Bank of DENMARK, Member of the Board of Advisers, Adam Smith Seminars.

COFFEE BREAK

10 : 30 - 11 : 30 H.E. Mr HUR Kyung Wook, Ambassador Extraordinary and Plenipotentiary, Permanent Representative of KOREA to the OECD.

11 : 30 - 12 : 30 Prof. Dr Turalay KENÇ, Deputy Governor, Central Bank of the Republic of TURKEY.

LUNCH

( 12 : 30 - 14 : 00 )

14 : 00 - 15 : 00 H.E. Sheikh Abdulla Bin Saoud AL-THANI, Governor, QATAR Central Bank.

15 : 00 - 16 : 00 Dr Nasser AL-DOSSARY, Economic Advisor to the Minister of Petroleum and Mineral Resources, Kingdom of SAUDI ARABIA.

TEA BREAK

16 : 30 - 17 : 30 Dr Sarah ALADE, Deputy Governor, Central Bank of NIGERIA.

17 : 30 - 18 : 30 Mr Emmanuel van der MENSBRUGGHE, Director for Europe, IMF, Paris, FRANCE.

18 : 30 - 19 : 30 ADAM SMITH ROUND TABLE ©: “Establishing a coherent regulatory framework”. Chairmen: Dr T. DAVIG; Mr J.

THOMSEN; H.E. Mr HUR K. W.; H.E. Sheikh Abdulla B. S.

AL-THANI; Prof. Dr T. KENÇ; Dr N. AL-DOSSARY; Dr S.

ALADE; Mr E. van der MENSBRUGGHE; Dr P. MOUTOT;

Mrs E. SREJBER and Prof. Dr C.-A.CAMPOS.

DINNER

( 20 :30 )

A D A M S M I T H S E M I N A R S

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Wednesday 7th November, 2012, 7:30 A.M. - 7:30 P.M.

7 : 30 - 7 : 45 Registration and coffee.

7 : 45 - 8 : 00 Prof. Dr Carlos-Alberto CAMPOS, Chairman and organizer.

8 : 00 - 9 : 00 Dr Philippe MOUTOT, Deputy Director General Economics, EUROPEAN Central Bank, Frankfurt-am-Main, GERMANY, Chairman of the Eurosystem’s Group on Forecasting, ECB Representative in the Eurosystem’s Mngmt. Policy Committee

9 : 00 - 10 : 00 Dr Hermann-Josef HANSEN, Head, Macroeconomics and Projections Division, DEUTSCHE Bundesbank.

COFFEE BREAK

10 : 30 - 11 : 30 Prof. Dr Lubomír LÍZAL, Member of the Board, CZECH National Bank.

11 : 30 - 12 : 30 Mr Ilmars RIMŠEVIČS, Governor, Bank of LATVIA.

LUNCH

( 12 : 30 - 14 : 00 )

14 : 00 - 15 : 00 Mrs Eva SREJBER, Member of the Board, European Bank for Reconstruction and Development, London, U.K./ Member of the Board of Advisers, Adam Smith Seminars. Former First Deputy Chairman, SVERIGES Riksbank, and Vice President European Investment Bank, Luxemburg.

15 : 00 - 16 : 00 Mr William CALVO, Executive Secretary, CENTRAL

AMERICAN Monetary Council (which groups the Governors of the Central Banks of GUATEMALA, EL SALVADOR, HONDURAS, NICARAGUA, COSTA RICA and the DOMINICAN REPUBLIC).

TEA BREAK

16 : 30 - 17 : 30 Dr Nato E. MWAMBA, Deputy Governor, Bank of TANZANIA.

17 : 30 - 18 : 30 Dr Paul van den NOORD, Counsellor to the Deputy General Secretary and Chief Economist, OECD, Paris, FRANCE.

18 : 30 - 19 : 30 ADAM SMITH ROUND TABLE © : “Global regulatory Cooperation”.Chairmen:Dr P. MOUTOT;Dr H.-J. HANSEN;

Prof. Dr L. LÍZAL;Mr I. RIMŠEVIČS; Mr W. CALVO; Dr N.E. MWAMBA; Dr P.v.d. NOORD; Dr T. DAVIG; Mr E.

v.d. MENSBRUGGHE; and Prof. Dr C.-A. CAMPOS.

A D A M S M I T H S E M I N A R S

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