NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
NBER Project on Exchange Rate Crises in Emerging Markets
Directed By: Martin Feldstein and Jeffrey Frankel
MALAYSIA
Jeffrey Frankel, Dani Rodrik and Wing Thye Woo, Program Organizers
February 16, 2001
Royal Sonesta Hotel
5 Cambridge Parkway
Cambridge, MA
PRELIMINARY PROGRAM
THURSDAY FEBRUARY 15:
6:30 PM RECEPTION AND DINNER: Royal Sonesta Hotel
FRIDAY FEBRUARY 16:
8:45 AM CONTINENTAL BREAKFAST
9:00 AM OFFICIAL WELCOME
9:15 AM BACKGROUND: MALAYSIA BEFORE MID-1997
Chair: JEFFREY FRANKEL, Harvard University and NBER
Panelists: JOMO KWAME SUNDARAM, University of Malaya
DWIGHT PERKINS, Harvard University
HOMI KHARAS, World Bank
WING THYE WOO, UC, Davis
10:45 AM BREAK
11:00 AM CONTAGION: JULY 1997 TO AUGUST 1998
Chair: WING THYE WOO, UC, Davis
Panelists: LIN SEE YAN, LIN Associates
ANOOP SINGH, International Monetary Fund
EDWIN TRUMAN, Institute for International Economics
Formerly US Treasury and Federal Reserve
12:30 PM LUNCH
1:45 PM CONTROLS: THE IMPOSITION OF CONTROLS ON CAPITAL OUTFLOWS IN SEPTEMBER 1998
Chair: MARTIN FELDSTEIN, Harvard University and NBER
Panelists: NOR MOHD YAKOP, The Prime Minister's Department DANI RODRIK, Harvard University and NBER CAROLINE ATKINSON, Council on Foreign Relations Formerly US Treasury TAKATOSHI ITO, Ministry of Finance, Japan and NBER YUNG CHUL PARK, Korea University 3:15 PM BREAK
3:30 PM AFTERMATH: 1999-2000 AND CURRENT OUTLOOK
Chair: DANI RODRIK, Harvard University and NBER
Panelists: YUSUKE HORIGUCHI, International Monetary Fund
ANGUS ARMSTRONG, MIT
DAVID MALPASS, Bear Sterns Co., Inc.
PETER GARBER, DeutscheBank Morgan Grenfell
5:00 PM ADJOURN
BACKGROUND MATERIALS:
SIMON JOHNSON, MIT
TODD MITTON, Brigham Young University
Who Gains from Capital Controls? Evidence from Malaysia
DANI RODRIK, Harvard University and NBER
ETHAN KAPLAN, Harvard University
Did the Malaysian Capital Controls Work?
DWIGHT PERKINS, Harvard University
WING THYE WOO, UC, Davis
Malaysia: Adjusting to Deep Integration with the World Economy
"The Asian Financial Crisis: Lessons for a Resilient Asia", Wing Thye Woo, Jeffrey D. Sachs, and Klaus Schwab (ed), MIT Press, 2000
RUDIGER DORNBUSCH, MIT and NBER
Malaysia and Crisis: What Was Different?
JOMO KWAME SUNDARAM, University of Malaya
"Malaysian Eclipse: Economic Crisis and Recovery", Jomo K.S. (ed), Zed Books, London 2001
YUNG CHUL PARK, Korea University
A Post Paradigm of Development for East Asia: Governance, Markets, and Institutions
MAHATHIR MOHAMAD, Prime Minister of Malaysia
The Malaysian Currency Crises: How and Why it Happened
Mahathir Mohamad(ed), Pelanduk Publications, Malaysia 2000
1/19/01