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Monetary Policy in Emerging Markets
organised by the OECD Economics Department and CCBS/Bank of England
OECD, Paris, 28 February 2007
AGENDA
Inaugural Session and Thematic Papers
Chair: Jean-Philippe Cotis (Economics Department, OECD)
Welcome remarks
9:35-10:15 Overview of monetary policy regimes in emerging-market economies and issues for discussion
Speaker: Prof. Leonardo Leiderman (Tel Aviv University)
Monetary policy in emerging markets: key current IT themes
Discussant: Mr. Niels Thygesen (Economic and Development Review Committee, OECD)
Key themes for IT central banks
10:15-10:35 Challenges for inflation targeters: the experience of industrial countries
Speaker: Ms. Gill Hammond (CCBS, Bank of England)
Inflation targeting; challenges facing industrialised countries
Floor discussions
11:10-11:45 Monetary policymaking and inflation expectations: the experience of Latin America
Speakers: Messrs. Luiz de Mello and Diego Moccero (Economics Department, OECD)
Monetary policymaking and inflation expectations: the experience of Latin America
Discussant: Mr. Ramón Moreno (BIS)
11:45-12:10: Asset and commodity prices: implications for monetary policy
Speaker: Mr. Mario Blejer (CCBS, Bank of England)
Asset and commodity prices: implications for monetary policy
Floor discussions
Country Experiences
14:30-16:15: Brazil, Chile, Indonesia and South Africa
Moderator: Mr. Mario Blejer (CCBS, Bank of England)
Speakers:
Mr. André Minella (Central Bank of Brazil)
Brazil: taming inflation expectations
Mr. Rodrigo Valdés (Central Bank of Chile)
Inflation targeting in Chile: experience and issues
Mr. Hartadi Sarwono (Bank Indonesia)
Monetary policy in emerging markets: Indonesia's case
Mr. Monde Mnyande (South African Reserve Bank)
South Africa's experiences of monetary policy within an inflation targeting policy framework
Floor discussions
16:30-18:00: Czech Republic, Mexico and Turkey
Moderator: Mr. Val Koromzay (Economics Department, OECD)
Speakers:
Ms. Kateřina Šmídková (Czech National Bank)
Inflation targeting: Czech experience
Mr. Manuel Ramos Francia (Bank of Mexico)
Monetary policy in Mexico
Ms. Gülbin Şahinbeyoglu (Central Bank of Turkey)
From exchange rate stabilization to inflation targeting: the case of Turkey
Floor discussions and closing remarks
Further information can be obtained from the South America Desk at the OECD Economics Department at ECO.Contact@oecd.org
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