Economic Society of Singapore

Asia, The World Economy and The International Financial System

ESS Annual Dinner 2007 & MAS-ESS Essay Competition Award Ceremony – “Asia, The World Economy & The International Financial System”Guest-of-Honor: Mr. Timothy F. Geithner (President, Federal Reserve Bank of New York)

Since the Asian Financial Crisis of 1997/98, Asian economies have bounced back. Can Asia continue to strengthen its economies and financial systems, and contribute to a more robust and stable international financial state? How vulnerable is Asia and the new global financial architecture to economic and financial risks that have been building since the Asian Crisis like the explosive growth of hedge funds, new derivative markets, LBOs and other financial leverage?

This year, the ESS had the honor of inviting Mr Timothy F. Geithner, President of the Federal Reserve Bank of New York, to share his views on Asia, The World Economy & The International Financial System, at the Annual Dinner.

Amongst the 550 guests who attended were Minister Tharman Shanmugaratnam, Mr Terence Checki (Executive Vice President & Head of Emerging Markets, Federal Reserve Bank of New York), Mr Calvin A. Mitchell III (Senior Vice President, Federal Reserve Bank of New York), Mr Jackson Tai (CEO, DBS Bank), Dr Teh Kok Peng (President, GIC Special Investment), Mr J Y Pillay (Chairman, SGX), Mr Philip Lee (Senior Country Officer, JPMorgan Chase SG), Ms Teo Swee Lian (Deputy MD, Prudential Supervision, MAS) and Prof Wang Gungwu (Director, East Asia Institute).



Click here to download Mr Timothy F. Geithner’s speech on “Asia, The World Economy & The International Financial System”.


The annual dinner is also held in conjunction with the prize presentation of the MAS-ESS Essay Competition 2006/07, which featured on the topic “The Asian Financial Crisis 10 years on: What has changed and what have we learnt?” Please click here for the results of the essay competition.



Click here to download Dr Khor Hoe Ee’s Opening Remarks