Investment and Investment Finance: The Supply and Demand of Long Term Finance
Moscow, Russia
February 13-14, 2013
Partners
Overview
In response to the global financial crisis, policy measures, such as improving liquidity and bailing financial institutions, were devised to counter sharp contractions in output and seizure of financial markets. Subsequently, the post crisis agenda shifted from these short-term firefighting measures to strengthening the long-term stability of the global economy in order to reinvigorate growth. This new emphasis was reflected in Russia’s decision to set long-term finance as a G20 priority for 2013 and in response our seminar in Moscow focused on long-term finance as a means for strengthening the new financial architecture. Aware that there are many caveats to making long term financing and investment a key driver, conference participants identified local bond markets as a major channel to realize these objectives. Development of local bond markets not only would open up financing for longer term projects such as infrastructure development and capital investment, it would funnel the savings and investment needs of economies through involving new institutional investors. Indeed the development and deepening of local bond markets would help alleviate the problem of certain “missing markets,” broadening financing intermediation, investment and growth.
Agenda
Speakers
- Alexey V. ULYUKAEV: First Deputy Chairman, Bank of Russia
- Antoine GOSSET GRAINVILLE: Deputy CEO, Groupe Caisse des Dépots
- Anton SILUANOV: Minister of Finance of the Russian Federation
- Bernd BRAASCH: Director, Financial Stability Department, Deutsche Bundesbank
- Bryan PASCOE: Global Head of Debt Capital Markets, HSBC
- Changyong RHEE: Chief Economist, ADB
- Debora REVOLTELLA: Director of Economics Department, European Investment Bank
- Dimitris TSITSIRAGOS: Vice-President, Eastern and Southern Europe, Central Asia, Middle East and North Africa, International Finance Corporation
- Erik BERGLOF: Chief Economist and Special Adviser to the President, EBRD
- Franco BASSANINI: President, Cassa Depositi e Prestiti
- Frederic OTTAVY: CEO, InfraMed Management
- Giovanni GORNO TEMPINI: Chairman, Fondo Strategico Italiano, CEO Cassa Depositi e Prestiti
- Guillermo ORTIZ: Chairman, Banorte Bank
- Guus WARRINGA: Director Legal, Tax, Regulation & Compliance, APG
- Hiroshi WATANABE: CEO, Executive Managing Director, Japan Bank for International Cooperation
- Hung TRAN: First Deputy Managing Director, Institute of International Finance
- Irfa AMPRI: Vice Chaiman of Fiscal Policy Agency
- James WALSH: Senior Economist, Asia Pacific Department, IMF
- Jean LEMIERRE: Senior Advisor to the Chairman, BNP Paribas
- Juan YERMO: Head of Private Pensions Unit, Financial Affairs Division, OECD
- Kirill DMITRIEV: CEO, Russian Direct Investment Fund
- Ksenia YUDAEVA: Chief of Presidential Experts Directorate, Presidential Executive Office, Russian Federation
- Mahmoud MOHIELDIN: Special Envoy to the President of the World Bank
- Manfred SCHEPERS: Vice President and CFO, EBRD
- Marc UZAN: Executive Director, Reinventing Bretton Woods Committee
- Murat CETINKAYA: Deputy Governor, Central Bank of Turkey
- Nicolas MERIGO: CEO, Marguerite Fund
- Philippe LE HOUEROU: Vice President, World Bank
- Pier Carlo PADOAN: Chief Economist and Deputy Secretary General, OECD
- Sergey SHATALOV: Deputy Chairman of the Board, Eurasian Development Bank
- Sergey STORCHAK: Deputy Minister of Finance of the Russian Federation
- Stephen G. CECCHETTI: Economic Adviser, BIS
