| 1 PRIORITIES FOR AUSTRALIA’S G20 PRESIDENCY AND THE GLOBAL FINANCIAL SAFETY NET SEOUL G20 CONFERENCE 18-19 DECEMBER 2013.

Slides:



Advertisements
Similar presentations
Research Department 1 Global Economic Crisis and the Israeli Economy Herzliya conference Dr. Karnit Flug Research Director, Bank of Israel February 2009.
Advertisements

ISv Reserve Bank of New Zealand 19 Feb 02 Monetary Policy Experiences and future challenges for a small oil-producing country Presentation at the workshop.
Isabel Vansteenkiste Some reflections on: global imbalances – do net capital flows still matter?* DNB workshop, Amsterdam 18 March 2013 * The views expressed.
Mereseini Q. Waibuta Ministry of Finance (Fiji) 10 March, 2014 In Seoul, Korea Ministry of Finance PRESENTATION AT THE PLENARY SESSION DEVELOPMENT COOPERATION.
The global financial crisis and banking – Lessons from Emerging Europe Caijing Conference, December 13, 2008 Erik Berglof Chief Economist European Bank.
First edition Global Economic Issues and Policies PowerPoint Presentation by Charlie Cook Copyright © 2004 South-Western/Thomson Learning. All rights reserved.
Globalization and World Trade. Globalization a la Facebook.
1 Free Trade Agreements: Opening the Doors of Opportunities Mr. Hugo Lavados Director ProChile - Trade Promotion Office December, 2005.
Regional ‘THINK 20’ Seminar 23 May 2013 Heenam Choi Director General International Financial Policy Bureau.
Financial Evolution, Regulatory Reform and Cooperation in Asia Session 3: Asian Financial Cooperation Doowon Lee.
Mr. Sloan Riverside Brookfield High school.  2 Hours and 10 Minutes Long  Section 1-Multiple Choice ◦ 70 Minutes Long ◦ Worth 2/3 of the Score  Section.
February 2009Prof. Rafi Melnick The Herzliya Conference The Economic Dimension 2009 Prof. Rafi Melnick Provost, Interdisciplinary Center (IDC) Herzliya.
ASEAN Beyond the Crisis: Prospects and Challenges of Recovery Aladdin D. Rillo Head, Finance Integration Division The ASEAN Secretariat Regional Conference.
Canadian Policy Responses to the Global Financial Crisis and Economic Recession Lawrence Schembri International Department May For presentation.
Gian-Maria Milesi-Ferretti & Cedric Tille October 2010
The World Economic & Financial System: Risks & Prospects Prof. Jacob A. Frenkel Chairman JPMorgan Chase International & Chairman Group of Thirty (G30)
THE FORCE OF FINANCE: FROM GLOBAL TO REGIONAL AND LOCAL FINANCIAL FLOWS Fikret ČAUŠEVIĆ The School of Economics and Business, University of Sarajevo The.
A Tale of Two Crises: Korea’s Experience with External Debt Management Paper Prepared by Professor Yung Chul Park Seoul National University UNCTAD Expert.
Economic Stability: Turkey’s Anchors and Beyond April 24, 2008 İbrahim H. ÇANAKCI Undersecretary of Treasury.
BULGARIAN ECONOMY ON THE ROAD TO EUROPEAN UNION AND ECONOMIC AND MONETARY UNION IVAN ISKROV GOVERNOR BULGARIAN NATIONAL BANK 14 July 2006 Athens.
International Banking and the Allocation of Capital.
May 5, Begin Unit 6: 10-15% of AP Macro Exam Open Economy: International Trade and Finance 2.Comparative Advantage Review On Website 3.Unit 6 Lesson.
Réunion des ministres des finances et des gouverneurs des banques centrales du G20 G20 Finance Ministers and Central Bank Governors’ Meeting février.
Chapter Twenty- Nine: The Global Economy and Policy.
The Global and Regional Outlook Olaf Unteroberdoerster Resident Representative, Hong Kong SAR, International Monetary Fund Task Force on Economic Challenges’
AN OVERVIEW ON TURKISH ECONOMY AND RECENT DEVELOPMENTS KEMAL UNAKITAN MINISTER OF FINANCE September 5, 2008 REPUBLIC OF TURKEY MINISTRY OF FINANCE.
Perú: Recent Economic Developments and Perspectives Central Reserve Bank of Peru October 2002.
COUNTRY RISK ANALYSIS The concept evolved in 1960s and 1970s in response to the banking sector's efforts to define and measure its loss exposure in cross-border.
Institutions of the international monetary system Dr Katarzyna Sum International monetary system.
What Might the Next Emerging- Market Financial Crisis Look Like? Morris Goldstein Dennis Weatherstone Senior Fellow Institute for International Economics.
International Economics Developing Countries Organizations of International Economy.
New World, New World Bank Group Presentation to Fiduciary Forum On Post Crisis Direction and Reforms March 01, 2010.
Israel’s Economic Outlook and Financial Policy Settings: the View from the OECD Peter Jarrett Presentation to the Globes Business Conference 11 December.
Deepening Integration in SADC - Macroeconomic Policies and Their Impact South African Country Study 3rd – 6th April 2006 Zambezi Sun Hotel, Livingstone,
INT 200: Global Capitalism and its Discontents The Global Economic Order.
International Monetary Funds IMF works to: foster global monetary cooperation secure financial stability facilitate international trade promote high.
1 How to avoid another serious financial crisis: Harnessing the benefits of financial integration Manfred Schepers, Vice President Finance, EBRD.
1 Robert W. Edwards Director Statistics Department International Monetary Fund OECD World Forum on Statistics, Knowledge, and Policy Istanbul, June 27-30,
Chapter 1 Why Study Money, Banking, and Financial Markets?
Part A: Emerging market economy risks. Chart A.1 The United Kingdom is linked to EMEs through several channels Sources: BIS Consolidated Banking Statistics,
1 VISION ON BANKING Presentation to The 3rd International BANKSETA Conference 11 October 2006.
1 Global capital flows: overview UNCTAD short courses for delegates, September 2013, Palais des Nations. By Diana Barrowclough, Senior Economist Division.
Risks of New Global Downturn: Impact on Asia and Response  Lim Mah Hui (Michael)  State of the Global Economy, and Reflections on Recent Multilateral.
BRICS Economic Research Forum Conference Eustáquio J. Reis IPEA, Brazil New Delhi, February 2012.
Developed by Cool Pictures and MultiMedia Presentations Copyright © 2004 by South-Western, a division of Thomson Learning, Inc. All rights reserved. Developed.
INTERNATIONAL MONETARY FUND JANUARY 2014 The Mauritanian Economy: Performance and Outlook.
G-20 & Turkey’s Presidency in 2015 Turkey in the Troika of G-20, Preparing to Assume the Chair in 2015 AVİM – Center for Eurasian Studies 14 November 2013.
International Monetary Fund. INTERNATIONAL MONETARY FUND What IMF do The IMF promotes international monetary cooperation and exchange rate stability,
1. What would you do with $5,000? Be specific. 2. What percentage of taxes should the government take? 3. Where is the safest place to keep your money?
Austrian Experience with and Preparations for the Euro Conference Experience with and Preparations for the Euro Riga, 22 February 2013 Franz Nauschnigg.
1 A.Nekipelov Russian Economy: Current Developments And Strategic Options Presentation to the Conference “Sixth Annual Middlesex Conference on Economics.
Washington 2008: G20 policies to fix the fault lines
Update of some of the charts from EOI 2007 in March 2008
The Bahamas: Economic Outlook and Policies
Fiscal Policy Responses to the Global Economic Slowdown
Sogang University, Seoul 8 November 2010
Conference on Public Expenditure Reform
Why Study Financial Markets?
ASEAN FINANCIAL INTEGRATION
International Relations. Law & Organisations Terms
Module- 6 IMF and IBRD (World Bank)
Presentation to the National Assembly Standing Committee on Finance
Statistics for policy use
Washington 2008: G20 policies to fix the fault lines
International Economics Analyze costs and benefits of global trade
Turkish economy and banking sector 36th Meeting of the EU-Turkey JCC
Russia. Recent Developments and Long-Term Challenges
The New Growth Model for Serbia: Monetary and Fiscal Policy Challenges
FISCAL & BANKING REFORMS IN MOLDOVA
Portfolio Committee on Finance
Presentation transcript:

| 1 PRIORITIES FOR AUSTRALIA’S G20 PRESIDENCY AND THE GLOBAL FINANCIAL SAFETY NET SEOUL G20 CONFERENCE DECEMBER 2013

| 2 G20 Finance Track Priorities Promoting stronger economic growthBuilding resilience in the global economy Comprehensive Growth Strategies Investment and Infrastructure Priority structural reforms Macro (monetary and fiscal) policy International Financial Architecture Tax Financial Regulation IMF reform – agreement to 15 th general review Base Erosion and Profit Shifting Information Exchange and Transparency FSB membership review Sherpa track links Reforms to boost trade Reforms to boost employment and participation Basel III Too big to fail OTC derivatives Shadow banking Reforms to strengthen investment environment across the G20 Multilateral Development Banks and the Global Infrastructure Facility Capital markets and intermediation Project pipeline and preparation Employment

| 3 IMF quota resources Per cent of world capital flows and GDP Source: IMF Quotas to 3-year moving average of world capital flows (LHS) 2010 Quotas to 3- year moving average of world capital flows (LHS) Quotas to world GDP (RHS) 2010 Quotas to world GDP (RHS)

| 4 Official reserves Per cent of GDP Source: Thompson Reuters Datastream.

| 5 External assets and liabilities Source: ABS Catalogue Numbers , Per cent of GDP, as at March 2013

| 6 Foreign currency exposure, by sector Per cent of GDP, as at March 2013 Source: ABS Catalogue Numbers Gross exposureNet exposure