Annual Conference on Effects of Social Policy on Domestic Demand
Agenda

Registration

Opening Remarks - Haruhiko Kuroda, President, Asian Development Bank (ADB)

SESSION I: OVERVIEW: IMPACT OF SOCIAL PROTECTION ON DOMESTIC DEMAND
Chairperson: Masahiro Kawai, Dean, Asian Development Bank Institute (ADBI)

Paper 1: The determinants of household saving and past and future trends therein
This paper will provide an overview of the theoretical and empirical literature linking social protection policies and savings

Presenter 1: Charles Horioka, Professor of Economics, Institute of Social and Economic Research, Osaka University

Paper 2: Analysis of social protection spending impact on household savings
This paper will provide an overview of the theoretical and empirical literature linking social protection policies and savings

Presenter 2: David Coady, Deputy Division Chief, Expenditure Policy Division, IMF

Coffee Break

Paper 3: Social protection policies in Asia
This paper will provide an overview of social protection policies in Asia, comparing them with other regions.

Presenter: Bart W. Édes, Director, Poverty Reduction, Gender, and Social Development Division, RSDD, ADB

Comments by Discussants
Discussant 1: Mukul G. Asher, Professor of Public Policy, Lee Kuan Yew School of Public Policy, National University of Singapore
Discussant 2: Akiko Terada-Hagiwara, Economist, ERD/ERMF, ADB
Discussant 3: Davide Furceri, Economist, Macroeconomic Analysis Division, Organisation for Economic Co-operation and Development (OECD)

Open Floor Discussion

Photo Session
Lunch Break

SESSION II: IMPACT OF OTHER FACTORS ON SAVINGS AND DEMAND
Chairperson: Worapot Manupipatpong, Director, Capacity Building and Training, ADBI

Paper 4: Impact of income distribution policy on household income: China Case
The paper will focus on China's income distribution policy, particularly the low wage policy vis-à-vis huge government support of SOEs, and how they impact domestic demand

Presenter: Yuqing Xing, Professor of Economics, The National Graduate Institute for Policy Studies (GRIPS)

Paper 5: Impact of demographic factors on spending and savings
The paper will discuss the implications of the graying of the population on savings and consumption, drawing from the rich empirical evidence based on developed countries experience

Presenter: Davide Furceri, Economist, OECD

Comments by Discussant:
Discussant 1: Yvonne Sin, Head Investment Consulting, China, Watson Wyatt Investment Consulting HongKong Limited
Discussant 2: Hyungpyo Moon, Senior Fellow, Korea Development Institute

Open Floor Discussion

Coffee Break

SESSION III : REGIONAL IMPACT OF SOCIAL PROTECTION SPENDING
Chairperson: Takeshi Kurihara, Director, Research Division, International Bureau, Ministry of Finance, Japan

Paper 6: Impact of social policies on household income and savings: China case
The paper will examine the potential for social policy to lower the household savings rate in China.

Presenter: Ming Yan, Institute of Sociology and Center for Social Policy Studies, Chinese Academy of Social Sciences (CASS)

Paper 7: Impact of social policies on household income and savings: ASEAN
The paper will examine the potential for social policy to lower the household savings rate in ASEAN countries.

Presenter: Gloria O. Pasadilla, Research Fellow, ADBI

Comments by Discussants
Discussant 1: Yasuyuki Sawada, Associate Professor, Faculty of Economics, University of Tokyo
Discussant 2: Hiroshi Yamabana, International Financial and Actuarial Service, Social Security Department, International Labour Organization (ILO)

Open Floor Discussion

SESSION IV: PANEL DISCUSSION

Panel Discussion and Wrap Up
Chairperson: Masahiro Kawai, ADBI

Panelists:
Davide Furceri, OECD
David Coady, IMF
Charles Horioka, Osaka University
Ming Yan, CASS
Hiroshi Yamabana, ILO

Closing Remarks - Masahiro Kawai, Dean, ADBI

Master of ceremony: Mario Lamberte, Director, Research, ADBI