Academic journal article NBER Reporter

East Asian Seminar on Economics Focuses on Fiscal Policy and Management

Academic journal article NBER Reporter

East Asian Seminar on Economics Focuses on Fiscal Policy and Management

Article excerpt

The NBER's Sixteenth Annual East Asian Seminar on Economics (EASE), sponsored jointly with Hong Kong University of Science and Technology (HKU), Philippine Institute for Development Studies (PIDS), China Center for Economic Research (CCER), Singapore Management University (SMU), Korea Development Institute (KDI), Tokyo Center for Economic Research (TCER), Chung-Hua Institution for Economic Research (CIER), and the Australian Productivity Commission, took place in Manila, Philippines, on June 23-25. The organizers were NBER Research Associates Takatoshi Ito, of Tokyo University, and Andrew K. Rose, of University of California, Berkeley. The theme of the meeting was fiscal policy and management. The following papers were discussed:

Roger Gordon, NBER and University of California, San Diego, and Wei Li, University of Virginia, 'Financial, Taxation, and Regulatory Structures in Developing Countries" Discussants: Francis Lui and Ponciano Intal

Roberto Mariano and Delano Villanueva, SMU, "Sustainable External Debt Levels: Estimates for Selected Asian Countries" Discussants: Francis Lui and Rosario Manasan

Seok-Kyun Hur, KDI, "Measuring the Effectiveness of Fiscal Policy in Korea" Discussants: Wei LI and Yum-Keung Kwan

Raj Chetty, NBER and University of California, Berkeley, and Adam Looney, Federal Reserve Board, "Social Insurance in Developing Economies" Discussants: Roger Gordon and Mario Lamberte

Chih-Chin Ho, National Taiwan University, and Brian Erard, B. Erard & Associates, "Estate and Gift Taxation in Taiwan: An Analysis of the Current System and Some Proposals for Reform" Discussants: Takatoshi Ito and Felipe Medalla

Wilson Au-Yeung, Jason McDonald, and Amanda Sayegh, Australian Treasury, "Australian Government Balance Sheet Management" Discussants: Youngsun Koh and Eli Remolona

Yum-Keung Kwan, City University of Hong Kong, "The Direct Substitution between Government and Private Consumption in East Asia" Discussants: Kiyoshi Mitsui and Mario Lamberte

Xin-Qiao Ping and Jie Bie, CCER, "Fiscal Decentralization and Local Public Good Provision in China" Discussants: Takero Doi and Cielito Habito

Gilberto Llanto, PIDS, "Dealing with Contingent Liabilities: The Philippines" Discussants: Jason McDonald and Shigeki Kunieda

Tadashi Fukui, Kyoto Sangyo University, and Yasushi Iwamoto, University of Tokyo, "Policy Options for Financing the Future Medical and Long-Term Care Costs in Japan" Discussants: Epictetus Patalinghug and Raj Cherty

Young-Sun Koh, KDI, "Reforming the Fiscal Management System in Korea" Discussants: Gilberto Llanto and Chong Hyun Nam

Takero Doi, Keio University; Toshihiro Ihori, University of Tokyo, and Kiyoshi Mitsui, Gakushuin University, "Sustainability, Debt Management, and Public Debt Policy in Japan" Discussants: Eli Remolona and Michael Alba

Laurence J. …

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