Workshop: "The current world economic deflation: Lessons for the Emerging countries"
Keynote speaker: Prof. Dr. Alain Chevalier
Ho Chi Minh: 09:00 - 10:30 am / 14.04.2016
Venue: Renaissance Riverside Hotel Saigon
8 - 15 Ton Duc Thang Street, District 1, Ho Chi Minh City
The developed countries –notably Japan and some European ones – are going through an amazing situation: their “quantitative easing” monetary policies are unable to raise the inflation rate! Prices of raw materials, agricultural products, energy and some industrial products are depressed and their producers are ailing; emerging countries (China, Brazil) are also slowing down, which strengthens the difficulties of the industrial ones. This situation has a name: deflation and it has existed in the thirties of the past century. It is a consequence of the 2008 financial crisis and of the ensuing economic policies which have now come to their limits. The most striking feature of this situation is the existence of interest rates close to zero or negative which are ineffectual to support investment and economic activity. However, the governments are still largely reluctant to stimulate economic growth through ambitious public expenditures programs.
The consequences of this economic situation for industrial and service companies in the developed world will be identified. Examples issued from a large European study and cases from the US & Canada will be used to design the rationale behind this situation – a lack of available profitable portfolio of investments -. Good practices and “watch dogs” coming from these studies will be proposed for discussion. The ability to extend these criteria to different categories of firms in emerging countries will be presented and discussed. The couples “countries-firms” are heterogeneous in emerging countries. Examples will be brought to the workshop and analyzed. This means that the economic policies to be enforced could be different from one country to the other. A focus will be developed on the Vietnamese case.
09:00 Welcome remarks
09:05 Presentation and Q&A
10:30 Event ends
This workshop is co-host of CFVG Ho Chi Minh and American Chamber of Commerce.
Don't miss your chance to pick up some useful information from the experts and to network with AmCham's members.
Registration fee: VND 550.000 (through CFVG, the fee will be collected at the receptionist on event day)
For RSVP/ information:
Hotline: 093 395 8182