CABANATUAN CITY, Nueva Ecija–Six economic
experts from the international and domestic scene, including economic
professors from Australia, Germany and Singapore, will grace the roundtable
discussion on the upcoming Association of Southeast Asian Nations (ASEAN)
economic integration today.
The economic experts include Dr. Jayant Menon, lead economist of the Office
for Regional Economic Integration of the Asian Development Bank (ADB), Dr. Bob
Gregory, professor emeritus of the Research School of Economics at the
Australian National University, Dr. John Dosch, chair of international politics
at the University of Rostock in Germany, Dr. Pushpanathan Sundram, managing
director of EAS Strategic Advice-Asia and senior fellow at the Singapore
Institute of International Affairs.
Entitled “ASEAN Integration:
Challenges and Changes in the Coming Decade,” the roundtable forum, the first such
forum initiated by a private sector-led think tank, is hosted by the Angara
Centre for Law and Economics (ACLE) and co-convener Metrobank Foundation. It will
open at 8 am today at the Hotel Intercontinental in Makati City and end at 4:30
pm.
Dr. Emerlinda Roman, chair
of the ACLE board and former president of the University of the Philippines,
said the event will give an update on the region’s progress in creating the
ASEAN Economic Community (AEC) and pertinent issues affecting the country.
Roman said the integration
is the most pressing economic issue of the day. “We will have been integrated
into the AEC by the end of next year and we need to know if we are prepared as
an economy for the changes and the increased competition this entails. And if
we are not, we need to know the right steps to take to do so,” she said.
“What does this mean to our banks, our
businesses, our BPO industry and our farmers? “This is why we’re taking the
brightest minds from around the world and connecting them to the relevant
people here.”
Socio-economic planning Secretary and National Economic and Development
Authority director-general Arsenio Balisan will deliver the keynote speech in
the event which presentations will kick off with “The ASEAN Economic
Community: State of Implementation and Implications for the Philippines” by
Dosch.
Menon
will present the topic “Will ASEAN realize its community?”, while Gregory will
discuss “Relevant and Sensible Policies for Responding to the China Boom.”
Sundram will discuss “Public-Private
Partnership and the Institutional Development of ASEAN” while Bangko Sentral ng
Pilipinas (BSP) Deputy Governor Nestor Espenilla will in turn discuss the
pressing issue of preparing the Philippine banking system for economic
integration.
Also
expected to grace the event are Philippine Stock Exchange President and CEO
Hans Sicat, and Department of Trade and Industry (DTI) Assistant Secretary for
Industry Development and Trade Policy Perry Rodolfo, who will serve as reactors
at the roundtable.
The ACLE is the country’s first private-sector
law, regulation, and economic policy think-tank, where the country’s best
intellectuals will work in tandem with global economic and legal experts to
design constructive policy reforms and institutions for Philippine development. (Manny Galvez)