Japan ’s Way Out: The World Financial Crisis from a Japanese Perspective

Speaker: Daisuke Kotegawa
Executive Director, International Monetary Fund

Mr. Kotegawa will begin with an overview of the current world financial crisis. He will then take us back to the causes of the Japanese crisis beginning in the early 1990s, providing analysis on the measures taken by Japan, discussing what went wrong, and why it took so long for Japan to achieve recovery. Mr. Kotegawa will then analyze the current concerted efforts at fiscal stimulus, and suggest how a new financial architecture could be a roadmap for stability. He will also discuss the role the IMF and economic newcomers will play.

About the Speaker:

Mr. Daisuke Kotegawa, who holds a B.A. in law from TokyoUniversity and an MBA from Stanford, has been the Executive Director for Japan at the IMF since July 2007. Prior to his current assignment, he was in charge of the closure of Yamaichi Securities and Sanyo Securities, nationalization of LTCB and NSB, and the establishment of the Industrial Revitalization Corporation of Japan. He was also involved in the US-Japan Framework Consultation, WTO Negotiations on Financial Services, US-Japan Negotiations on the Structural Impediments Initiatives, the Yen-$ Committee and OECD Guidelines on Transfer Pricing. He has worked in Japan’s Ministry of Finance, the World Bank, and was the Deputy Vice Governor of YamagataPrefecture. He is fluent in Japanese, English, and proficient in Russian and German.

About the Cheung Kong Open Lecture Series:Started in 2008, the Cheung Kong Open Lecture Series is for the public benefit of Beijing's international business community. With the support of Cheung Kong faculty and alumni, the series features local experts and global stars who bring insight into topical and essential business issues. Beyond the Open Lecture Series, Cheung Kong GSB offers exclusive graduate programs including the one-year English-language MBA, fully-employed Chinese-language EMBA, Country Managers Program and China from the Inside Program.