SOAS International Workshop

“Transmission mechanisms of the global financial crisis on the developing world: the commodity and financial market linkages”

10th -11thJuly 2009

SOAS, University of London,

Khalili Lecture Theatre

To register your attendance at this event, pleaseemailto

There is a conference fee of £10 (£5 for students)

Draft Agenda

Friday 10thJuly

10: 00 – 10:30

Registration and Tea/ Coffee

10:30 – 10: 45

Welcome toSOAS

10:45 – 12:30

Session 1:Global Financial Crisis and Development

Machiko Nissanke, SOAS, “The commodity and financial linkages of the impact of the global financial crisis on the developing world

Leonce Ndikumana, African Development Bank: TBC

Cyrus Rustomjee, The Commonwealth Secretariat, "The Global Economic Crisis and Developing Commonwealth Countries: Transmission Mechanisms Including Commodity and Financial-Market Linkages."

Chair: Jeff Waage

Discussant: Raphael Kaplinski, Open University

Discussant: LaurenceHarris, SOAS

Discussant: Adrian Hewitt, ODI

12:45 – 13:45

Lunch

13: 45 – 15:30

Session 2:Commodity prices and Financial Crisis

Masuma Farooki and Raphael Kaplinski, Open University “(Interrupted) structural breaks in commodity prices – why the Asian drivers make a difference”,

Jorg Mayer, UNCTAD, “The growing interdependence of financial and commodity markets”

Nicholas Snowdon, Barclays Bank,'The fall and rise in commodity prices - positive prospects for resource orientated developing countries'

Chair: Colin Poulton

Discussant:Andrew Mold, OECD

Discussant: Elva Bova, SOAS

Discussant: Luigi Ventimiglia, SOAS

15:30 – 15:45

Tea/ Coffee Break

15:45 – 17:30

Session 3:Developmental impact of the crisis

Charles Gore, UNCTAD, “The International Poverty Trap and the Global Financial Crisis”

Dirk te Velde, ODI, “The global financial crisis and developing countries: synthesis of the findings of 10 country studies

Giorgia Giovannetti, European University Institute, TBC

Chair: Jan Toporowski

Discussant: Alice Sindzingre, SOAS and CNRS

Discussant; Jodie Keane, ODI

Discussant: Hannah Bargawi, SOAS

19:00

Dinnerat SDR/SOAS (by invitation and prior arrangement only)

Saturday, 11thJuly

09:00- 9:15 Coffee

9:15 -9:30 Introduction

9:30-11:15

Session 4:The exchange rate linkages

Massimilano La Marca, UNCTAD, “"Crisis Propagation: the Exchange Rate Channel"

Annina Kalterbrunner and Juan Pablo Paincheira Paschoa, SOAS, “Financial Sector Dynamics and Central Bank Behaviour in the Global Financial Crisis: the case of Brazil”

Elva Bova, SOAS “The commodity-currency link in Zambia”

Chair: Charles Gore

Discussant: Terry McKinley, CDPR

Discussant: Leonce Ndikumana, African Development Bank

Discussant: Victor Murinde, University of Birmingham

11:15 – 11:30

Tea/ Coffee Break

11:30 – 12:45

Session 5:The capital market transmission mechanism

Victor Murinde, BirminghamUniversity, “Capital Flows and Capital Account Liberalisation in the Post-Financial Crisis Era: Challenges, Opportunities and Policy Responses”

Giovanni Cozzi, SOAS, “Policy responses to financial crises:

revisiting the Malaysian experience with capital controls”.

Chair: Joerg Mayer

Discussant: Massimiliano La Marca, UNCTAD

Discussant:Jan Toporowski, SOAS

Discussant; Annina Kalterbrunner, SOAS

12:45 – 14:00

Lunch

14:00 – 16:00

Session 6:Open Discussion: Research and Policy Agenda

International Panel

OECD

CDPR

EUI

UNCTAD

DFID, Bank of England, Treasury TBC

CHAIR: Machiko Nissanke

1