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G20 FINANCE MINISTERS AND CENTRAL BANK GOVERNORS MEETING SYMPOSIUM "For a Better Future: Demographic Changes and Macroeconomic Challenges"

June 2020
International Department
Bank of Japan

Date

Thursday, January 17, 2019: 9:00am-3:20pm

Place

Chinzanso, Tokyo, Japan

Summary

Discussion Summary of the G20 Symposium For a Better Future:Demographic Changes and Macroeconomic Challenges [PDF 370KB]

Timetable

Timetable
Time	Program
9:00 - 9:10	Opening remarks Masayoshi Amamiya, Deputy Governor, Bank of Japan
9:10 - 10:30	Session1: Demographic Change and their Impacts on Macro Economy Moderator Takatoshi Ito, Professor, Columbia University Speaker Does Demography Really Matter? [PDF 248KB] Toshitaka Sekine, Director-General, Research and Statistics Department, Bank of Japan Aging, Factor Prices and Capital Flows [PDF 3,481KB] Selahattin Imrohoroglu, Professor, University of Southern California Macroeconomic, Fiscal, and Financial Implications of Aging [PDF 933KB] Vitor Gaspar, Director, Fiscal Affairs Department, International Monetary Fund Demographic Transitions, Productivity, and the Role of Technology in Asia and the Pacific [PDF 518KB] Yasuyuki Sawada, Chief Economist, Asian Development Bank
10:30 - 10:50	Break
10:50 - 12:20	Session2: The Impacts of Demography on Fiscal Condition and Social Security System Moderator Takeo Hoshi, Professor, Stanford University Speaker Demography, the Fiscal Gap and Social Security [PDF 185KB] Alan Auerbach, Professor, University of California, Berkeley The impact of demography on financing social expenditure [PDF 535KB] Motohiro Sato, Professor, Hitotsubashi University Fiscal challenges and inclusive growth in ageing societies [PDF 1,060KB] Laurence Boone, Chief Economist, Organisation for Economic Co-operation and Development The fiscal challenges posed by population ageing [PDF 862KB] Marco Buti, Director General for Economic and Financial Affairs, European Commission Demographic Impacts on Social Security System and Fiscal Policy: Contexts in Japan [PDF 690KB] Junji Ueda, Director for Economic and Fiscal Policy Coordination, Ministry of Finance, Japan
12:20 - 13:40	Lunch Keynote Speech Haruhiko Kuroda, Governor, Bank of Japan
13:40 - 15:10	Session3: Monetary Policy and Financial System during Demographic Changes Moderator Kazuo Ueda, Professor, Kyoritsu Women's University Speaker Monetary Policy during Demographic Changes [PDF 495KB] Shigenori Shiratsuka, Director-General, Institute for Monetary and Economic Studies, Bank of Japan Monetary Policy and Financial System During Demographic Change: Three questions [PDF 939KB] Gauti Eggertsson, Professor, Brown University Consequences of ageing for international finance [PDF 861KB] Hyun Song Shin, Economic Adviser and Head of Research, Bank for International Settlements Risks and opportunities for the financial sector in an aging society [PDF 349KB] Ryozo Himino, Vice Minister for International Affairs, Financial Services Agency, Japan
15:10 - 15:20	Closing remarks [PDF 875KB] Taro Aso, Deputy Prime Minister, Minister of Finance, and Minister of State for Financial Services, Japan