The Philippine Economic Society (PES) is holding its 51st Annual Meeting on Friday at the Hotel Intercontinental Manila, Makati City.
With the theme “Markets and Institutions for Sustained Inclusive Growth,” the conference aims to revisit the role of efficient markets and a strong institutional framework in realizing the country’s twin goals of inclusiveness and sustainability. Top economists here and abroad shall specifically address the following questions: Are there market constraints that need to be addressed?; and Are there existing laws and institutions that hinder economic growth?
Leading the roster of prominent speakers is Finance Secretary Cesar Purisima, who will deliver the conference keynote address. He is expected to discuss the country’s current growth path and investment upgrades in the light of local revenue challenges, the threat of the improving European economies, and possible quantitative easing in the United States. At the Opening Plenary Session, National Competitiveness Council Private Sector Co-Chair, Guillermo Luz and Bank of the Philippine Islands President Cesar Consing, will offer the private sector’s views on the sustainability and inclusiveness of growth. The Second Plenary Session will feature Joshua Felman, assistant director of Research at the International Monetary Fund in Washington, D.C.; Eli Remolona, chief economist for Asia and the Pacific of the Bank for International Settlements, Hong Kong; and Rogier van den Brink, lead economist of the World Bank East Asia and Pacific. They are expected to provide global, regional and national perspectives on Philippine and Asian growth prospects.
Budget Secretary Florencio Abad will headline the Luncheon Plenary and tackle the role of budget processes in improving fiscal performance. The Closing Plenary Session will feature Socioeconomic Planning Secretary and Director General of the National Economic and Development Authority, Arsenio Balisacan, who will share the updated Philippine Development Plan and the roadmap to sustained economic growth.
To register and learn more about the conference, please visit the PES website www.pes.org.ph or call the Secretariat at 929-2671.