Tuesday, September 19, 2017, 12:00 - 13:30

"Asian Financial Crisis - 20th Anniversary Lessons"

Language: The speech and Q & A will be in English

The mid-1990s were the time when the so-called Asian Economic Miracle was still at its height, and yet by the end of the decade much of the region was deep in economic trouble and financial distress with the advent of the 1997 Asian Financial Crisis.

What went wrong? And did the International Monetary Fund (IMF) help or hinder recovery from the crisis? What lessons does the experience of 1997 hold for today, especially as some are warning of the risk of a new Asian debt crisis? Paul Gruenwald, Managing Director and Chief Economist, Asia-Pacific at S&P Global Ratings, will apply his expertise to analyzing these issues on the occasion of the 20th anniversary of the Asian crisis.

Based in Singapore, he leads the economic research agenda and serves as the primary spokesperson on macro-economic matters across the region.

Before joining S&P Global Ratings, Paul spent almost five years at Australia and New Zealand Banking Group (ANZ) as the Asia-Pacific Chief Economist, where he was responsible for helping set and direct ANZ’s Asian and global economic research agenda, as well as building the bank’s economic research efforts and profile in the region. Previously, Paul worked at the International Monetary Fund (IMF) for nearly 16 years, where he led the team producing the IMF’s Asian regional outlook reports. He was also the IMF Resident Representative to Hong Kong and Korea, the Deputy Chief of the China Division, and the country desk officer for Australia. Paul has a Ph.D. in Economics from Columbia University and a bachelor's degree in Economics/Mathematics from the University of Texas.

Please reserve in advance, 3211-3161 or on the website(still & TV cameras inclusive). The charge for members/members' guest is 1,750/2,700 yen; non-members eligible to attend may pay in cash by e mail reservation (front@fccj.or.jp). (Menu: hamburg steak with garlic sauce with french fries, sautéed onion, broccoli and eryngii mushroom.) Reservations canceled less than one hour in advance for working press members, and 24 hours for all others, will be charged in full. Reservations and cancellations are not complete without confirmation. For meal service, please enter the room by 12:25.

Professional Activities Committee