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International Conference

Exchange Rate Stability and Currency Board Economics

28-29 November 1998

Hong Kong

organized by the Department of Economics, HKBU

Keynote and Invited Speakers
Confirmed keynote and invited speakers include:

(1) From Hong Kong

Mr. Norman T.L. Chan, Deputy Chief Executive, Hong Kong Monetary Authority

(2)From outside Hong Kong

Dr. Pedro Pou, President, Banca Central de la Republica Argentina
Mr. Jonas Niaura, Deputy Chairman, Bank of Lithuania
Mr. Andres Sutt, Deputy Head of Central Bank Policy Department, Bank of Estonia
Mr. Bob McTeer, President and CEO, Federal Reserve Bank of Dallas
Mr. Charles Enoch, Assistant Director, Monetary and Exchange Affairs Department, International Monetary Fund

Topics include:

  1. Analyses and lessons of the East Asian currency crisis.
  2. Theoretical and empirical research on currency attacks: Hong Kong, East Asia, Mexico, South America, etc.
  3. Theories of exchange rate stability and dynamics.
  4. Currency boards: history, contemporary developments and varieties (Hong Kong, Brunei, Argentina, Estonia, Lithuania, Bulgaria), and future prospects.
  5. Comparative studies on currency board arrangements (CBAs), the gold standard (GS), and other fixed exchange rate regimes (FERRs): technical feasibility and economic optimality.
  6. How should CBAs gain credibility and withstand currency attacks?
  7. CBAs, GS and other FERRs in the light of financial liberlization and globalization: Are they sustainable or desirable?
  8. Financial derivatives and fixed exchange rates: Can they co-exist?
  9. Optimal ways to dismount from CBAs and FERRs if floating rates are deemed desirable? How should stability and exit costs be balanced?

Registration: All Interested parties are welcome.

HK$1,000 or US$125(For participants whose papers are accepted)

HK$2,500 or US$325 (For general participants)

HK$1,000 or US$ 125 ((For students with proved document)

Inquiries: Tel: (852) 2339-7544; Fax: (852) 2339-5580;
Email:econ@hkbu.edu.hk

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