2011 EBRD Annual Meeting and Business Forum

The EBRD’s Board of Governors meeting ran alongside the Business Forum programme and other associated events. All participants were invited to attend the Opening Session of the Board of Governors meeting.

See the full programme here.  

The Business Forum offered participants the chance to take part in a challenging and insightful programme of discussion panels and country events on topical financial, economic, political and social issues affecting the EBRD region and to benefit from various networking opportunities and social events.

Panellists included leading economists and senior business executives as well as policy makers from the EBRD countries of operations with particular input from Asia.

The Bank also held a number of associated events and meetings with representatives of civil society and others to discuss the impact of the EBRD’s operations.

Prior to the EBRD Annual Meeting and Business Forum, the authorities of Kazakhstan welcomed the participants to the Kazakhstan Investment Forum on Thursday 19 May, 2011. This half day event focussed on the investment climate and potential of Kazakhstan.

Keynote speeches and Governors’ statements

Transcripts

Striking the Right Balance:  the State and the Private Sector (85KB - PDF)

Weaving the Magic Carpet - How to make climate finance flow in the region (74KB - PDF)

Life in Transition: civic engagement, governance, gender (109KB - PDF)

Fostering Entrepreneurship (82KB - PDF)

Women in business (136KB - PDF)

Securing Recovery: Economic Reform after the Crisis (70KB - PDF)

Chief Economist's press briefing (46KB - PDF)

The Food Security Challenge:  Releasing the Potential of Agriculture (74KB - PDF)

Capital Markets and the Local Currency Initiative (92KB - PDF)

18 May 2011
Financial Globalization: In Search of “Local Content”
Address by President Thomas Mirow at the G-20/EBRD/RBWC Conference on Local Currency and Local Capital Market Development, Astana
 

19 May 2011
Opening remarks by EBRD Chief Economist Erik Berglof
G20 conference, Astana
 

Opening Remarks by President Thomas Mirow
Kazakhstan Investment Forum
 

20 May 2011
President Thomas Mirow's press conference

The EBRD invites a select group of companies to become partners of the 2011 Business Forum. 

For more information on the sponsorship opportunities available, please contact forumpartners@ebrd.com

The EBRD partners for the 2011 Business Forum included:
 

Flagship Forum Partner
Raiffeisen Bank International

Major Forum Partner 
UniCredit

Environmental Partner
KEGOC JSC

Special Event Partner
Erste Group

Forum Partner
AES
 

Forum Partner
CAEPCO
 

Forum Partner
Citi

Forum Partner 
Ernst & Young 

Forum Partner
KazExportAstyk

Forum Partner
KOLON

Forum Partner
Korea Gas Corporation

Forum Partner
Korea National Oil Corporation

Premier Forum Newspaper
The Financial Times

Marketing Partner
RTS Decaux

The Kazakhstan Host Investment Forum took place on Thursday 19 May along with other Annual Meeting associated events. 

Environmental Partner

At each Annual Meeting, the EBRD mitigates the environmental impact of holding an event of this size by investing in a project to offset carbon. This year, together with Environmental Partner KEGOC JSC, the Bank invested in a project to enhance efficient use of energy in a public school building in Astana.

Visit KEGOC JSC website

BY INVITATION ONLY
Developing Local Currency Finance and Local Capital Markets
Astana, 18-19 May 2011, the Pyramid summit room

Agenda (54KB - PDF)

List of participants (15KB - PDF)

Speaker biographies (96KB - PDF)

Opening remarks
 

Erik Berglof, Chief Economist of the EBRD (13KB - PDF)
Jong-Ku Choi, Deputy Minister of Strategy and Finance, Republic of Korea (60KB - PDF)
Marc Uzan, Executive Director, Reinventing Bretton Woods Committee (forthcoming)

Keynote speeches
 

Thomas Mirow, President of the EBRD (24KB - PDF)

Papers and presentations

Foreign Currency Loans - Demand or Supply Driven? (448KB - PDF)
Paper by Martin Brown, Karolin Kirschenmann and Steven Ongena

Foreign Banks and Foreign Currency Lending in Emerging Europe (219KB - PDF)
Paper by Martin Brown and Ralph de Haas

Foreign Banks and Foreign Currency Lending in Emerging Europe (301KB - PDF)
Presentation by Ralph de Haas and Martin Brown

How Do Exchange Rate Regimes Affect Firms’ Incentives to Hedge Currency Risk? Micro Evidence for Latin America (417KB - PDF)
Paper by Herman Kamil 
Comments (54KB - PDF)
Comments from Philip Turner on paper by Herman Kamil

How Do Exchange Rate Regimes Affect Firms' Incentives to Hedge Exchange Rate Risk? Micro Evidence for Latin America (507KB - PDF)
Presentation by Herman Kamil

Causes and consequences of over-borrowing in FX: new evidence (408KB - PDF)
Presentation by Frank Westermann

Philip Turner (presentation)

De-dollarization in Turkey (543KB - PDF)
Presentation by Erdem BAŞÇI

From Dollarization through De-dollarization to Euroization? The Case of Poland (305KB - PDF)
Presentation by Andrzej Raczko

De-dollarization Experience in Peru (1MB - PDF) 
Presentation by Paul Castillo

Mark Allen (presentation)

Local currency bond markets and its benefits for financial stability (588KB - PDF)
Presentation by Bernd Braasch

Financial Deepening and the International Monetary System (90KB - PDF)
Presentation by Chris Marsh

Closing remarks

Benoît Coeuré (100KB - PDF)

Photo gallery 1

Photo gallery 2