Sunday night is still on my mind, but in the meantime, a gentleman requested this event be publicised. Important subject, might try to stop by.
6pm – 8pm, Wednesday 12th November 2008
Venue: Lecture Hall 3, Faculty of Business & Accountancy
Universiti Malaya, Kuala Lumpur
2008 has seen the United States experience one of the worst economic crises in two decades, disasters in its subprime market leading to housing foreclosures, and the complete disintegration of the banking and financial system. America and other European governments have stepped in to bail out companies suffering from tremendous losses, whilst the stock markets around the world have plunged to dangerous levels. The Asian markets are not spared: Japan, Hong Kong, South Korea, Taiwan, Singapore and Malaysia have and will continue to experience shocks. RM33 billion has been wiped out of the Malaysian stock market in the past two weeks. The world is one global market; hence no one country is excluded from the negative impacts reverberating on foreign shores. Analysts have predicted an impending global financial crisis worse than that witnessed in the 1997 crisis, reminiscent of the Great Depression of the 1930’s.
It is therefore necessary to discuss the impacts such a Global Financial Crisis will have on Malaysia in an open and transparent manner. The CPPS brings together economic experts to raise real issues and how Malaysians will be affected. Speakers will also discuss those most badly affected from different spectrums of society: small businesses, low-to-middle income groups, and the average citizen. How resilient really is the Malaysian economy to weather external storms and shocks? How sufficient are Malaysian reserves, especially as the government embarks on continued pump-priming measures to stimulate growth? What are some steps that should be urgently taken as alternative means?
Join us as we bring together experts to engage in dialogue with members of the public.
Programme
6.00pm: Welcoming Remarks, Tan Sri Ramon Navaratnam,
Chairman, Centre for Public Policy Studies
6.15pm: Panel Discussion
# Dr. R. Thillainathan, Former Advisor, Genting Bhd. *
# Prof. Dr. Sieh Mei Ling, Adjunct Professor, Universiti Malaya
# Teh Chi-Chang, Economic Advisor to Democratic Action Party Secretary-General
# Datuk Dr. Denison Jayasooria, SUHAKAM Commissioner, SUHAKAM
# Dato’ Syed Amin Aljeffri, President, KL Malay Chamber of Commerce
Moderator: Tan Sri Ramon Navaratnam, Chairman, Centre for Public Policy Studies
7.00pm: Interaction with the Floor/Open Roundtable Discussion
8.00pm: Forum Ends
* = Unconfirmed speakers
dear Harvard alumnus, Nat,
If you really want to expand your horizon of thinking, please try and check out the seminal papers of :
1) Dr Umar Ibrahim Vadillo a Spanish revert
2) Dr Habib Zeno Dahinden a Swiss revert
They have gone thru’ and experienced European-American Civilisation and living in it and understand the philosophical foundations of that Civilisation.
Now, they have found something that was there all the time in Andulusia and Europe, the traditions of Trading and Financing until Usury-based banking and fiat money started.
Mind you Europeans were doing nicely with gold, silver and other forms of currencies until …..
I have another commitment but maybe we need someone who really understands the new economy; most of the above 50s do not!
The financial crisis– I do think there is just too much hype on it….too much
by the way – for non-Anwar stuff, visit my blog
my latest article – can the real Muhyiddin Yassin please stand up?
http://hikayatmamakbendahara.blogspot.com
Hi everyone,
Financial crisis is as old as nature itself but the reasons for the crisis keep changing as the economy changes – although the principle causes remain the same.
The following are identified as the key reasons (following the works of Prasanna Gai at ANU):
i. Informational frinctions
ii. Institutional frinctions
iii. Incentive incompatability;
iv. Agency (Principle-Agent) frictions
Really useful if people from the financial instiutions are involved in public discussions, also BNM.
Regards
Greg