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AGD 2019: Building a Sustainable Framework for a Globalized Economy

The event brought together global thought leaders from academia, business and policymaking to discuss the pressing challenges for global leadership, in sustainable development and technology, and their impact on the future of work, finance and healthcare.

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AGD 2019: Welcome Remarks by Professor Zhiwu Chen
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AGD 2019: Welcome Remarks by Professor Zhiwu Chen
AGD 2019: Welcome Remarks by Dr. Victor K. Fung
AGD 2019: Welcome Remarks by Professor Xiang Zhang
Keynote Address: Building a Durable Framework for a Digital Global Economy
Plenary Dialogue 1: Changing Major Powers Relationship: China’s Role in Today’s Global Order
AGD 2019 Plenary Dialogue 2: The Future of Work
AGD 2019: Luncheon Keynote Address: After Globalization: Regionalization and Asia’s role in the world
AGD 2019: S1A: Globalization and Civilization: Understanding Conflict and Cooperation in the Asia Pacific
AGD 2019. Sessions 1B: Achieving – and Financing – the Next Stage of Asia’s Development
AGD 2019. Session 2A: The Outlook for Global Trade
AGD 2019. Sessions 2B: Revolution in Healthcare through Digitalization
AGD 2019. Closing dialogue: In Conversation with Sam Palmisano and Kishore Mahbubani - moderated by Zhiwu Chen
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AsiaGlobal Dialogue 2019

Building a Sustainable Framework for a Globalized Economy
  • Welcome Remarks by Professor Zhiwu Chen

  • Welcome Remarks by Dr. Victor K. Fung

  • Welcome Remarks by Professor Xiang Zhang

  • Keynote Address: Building a Durable Framework for a Digital Global Economy by Nobel Laureate Michael Spence

  • Plenary Dialogue 1: Changing Major Powers Relationship: China’s Role in Today’s Global Order

  • Plenary Dialogue 2: The Future of Work

  • Luncheon Keynote Address: After Globalization - Regionalization and Asia’s Role in the World by Mr. Peter Wong

  • Parallel Breakout Sessions 1A - Globalization and Civilization: Understanding Conflict and Cooperation in the Asia Pacific

  • Parallel Breakout Sessions 1B: Achieving and Financing the Next Stage of Asia's Development

  • Parallel Breakout Session 2A: The Outlook for Global Trade

  • Parallel Breakout Sessions 2B: Revolution in Healthcare through Digitalization

  • Closing dialogue: In Conversation with Sam Palmisano and Kishore Mahbubani - moderated by Zhiwu Chen

  • Welcome Remarks by Professor Zhiwu Chen

    Zhiwu Chen
    Chen
    Zhiwu Chen
    Chair Professor of Finance, The University of Hong Kong

    Welcome remarks for AGD 2019 were delivered by

    - Zhiwu Chen, Director, Asia Global Institute
    - Victor K. Fung, Advisory Board Co-Chair, Asia Global Institute 
    - Zhang Xiang, President and Vice-Chancellor, The University of Hong Kong and 

    Anna Semenova, AsiaGlobal Fellow 2019, was Master of Ceremonies for the event.

  • Welcome Remarks by Dr. Victor K. Fung

    Victor K Fung
    Fung
    Victor K Fung
    Chairman, Asia Global Institute

    Welcome remarks for AGD 2019 were delivered by

    - Zhiwu Chen, Director, Asia Global Institute
    - Victor K. Fung, Advisory Board Co-Chair, Asia Global Institute 
    - Zhang Xiang, President and Vice-Chancellor, The University of Hong Kong and 

    Anna Semenova, AsiaGlobal Fellow 2019, was Master of Ceremonies for the event.

  • Welcome Remarks by Professor Xiang Zhang

    Welcome remarks for AGD 2019 were delivered by

    - Zhiwu Chen, Director, Asia Global Institute
    - Victor K. Fung, Advisory Board Co-Chair, Asia Global Institute 
    - Zhang Xiang, President and Vice-Chancellor, The University of Hong Kong and 

    Anna Semenova, AsiaGlobal Fellow 2019, was Master of Ceremonies for the event.

  • Keynote Address: Building a Durable Framework for a Digital Global Economy by Nobel Laureate Michael Spence

    Michael Spence
    Spence
    Michael Spence
    Nobel Laureate Chairman, Advisory Board, Asia Global Institute

    The Keynote Address was delivered by Nobel Laureate Michael Spence, Advisory Board Co-Chair, Asia Global Institute

  • Plenary Dialogue 1: Changing Major Powers Relationship: China’s Role in Today’s Global Order

    Plenary Dialogue 1: Changing Major Powers Relationship: China’s Role in Today’s Global Order
    Suman Bery
    Bery
    Suman Bery
    Non-resident Fellow, Bruegel (Brussels)

    Yafei He
    He
    Yafei He
    Distinguished Professor, Yenching Academy of Peking University

    Andrew Sheng
    Sheng
    Andrew Sheng
    Distinguished Fellow, Asia Global Institute

    Ezra F. Vogel
    Vogel
    Ezra F. Vogel
    Henry Ford II Professor of the Social Sciences Emeritus, Harvard University
    Keith Richburg
    Richburg
    Keith Richburg
    Director, Journalism and Media Studies Centre, The University of Hong Kong

    Plenary Dialogue 1: Changing Major Powers Relationship: China’s Role in Today’s Global Order

    By purchasing power parity, China is already the world’s largest economy. Its power and influence are only set to grow even more in coming decades, challenging US dominance not just in Asia but around the globe. At a time when Washington is turning away from traditional multilateralism, China is building a network of strategic partnerships across the world, taking more assertive foreign policy positions and challenging American technological leadership. What global leadership role is China shaping for itself? How is China shifting the power equation in Asia, particularly in its interactions with “frenemies” India and Japan? And how will China’s relationship with the US evolve in the remaining years of Trump and beyond?

    - Suman Bery, Non-Resident Fellow, Bruegel (Brussels)
    - Yafei He, Distinguished Professor, Yenching Academy of Peking University
    - Andrew Sheng, Distinguished Fellow, Asia Global Institute
    - Ezra F. Vogel, Henry Ford II Professor of the Social Sciences Emeritus, Harvard University
    - Keith Richburg, Director, Journalism and Media Studies Centre, The University of Hong Kong (moderator)

  • Plenary Dialogue 2: The Future of Work

    Victor K Fung
    Fung
    Victor K Fung
    Chairman, Asia Global Institute

    Rob Johnson
    Johnson
    Rob Johnson
    President, Institute for New Economic Thinking

    Samuel Palmisano
    Palmisano
    Samuel Palmisano
    Chairman, The Center for Global Enterprise
    Michael Spence
    Spence
    Michael Spence
    Nobel Laureate Chairman, Advisory Board, Asia Global Institute

    Plenary Dialogue 2: The Future of Work

    Fourth Industrial Revolution technology is changing everything about the way we think and work. In the age of artificial intelligence, Big Data and the Internet of Things, all job descriptions must be rewritten. How is the skills landscape shifting – and how will employers be able to close the gaps? In a gig-economy world of constant learning, multi-tasking and automation, how can workers find security and dignity? Is the universal basic income the key to a stable, productive and healthy working life?

    - Victor K. Fung, Advisory Board Co-Chair, Asia Global Institute
    - Rob Johnson, President, The Institute for New Economic Thinking
    - Sam Palmisano, Chairman, The Center for Global Enterprise
    - Michael Spence, Advisory Board Co-Chair, Asia Global Institute (moderator)

  • Luncheon Keynote Address: After Globalization - Regionalization and Asia’s Role in the World by Mr. Peter Wong

    Peter Tung Shun Wong
    Wong
    Peter Tung Shun Wong
    Deputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited

    Luncheon Keynote Address: After Globalization - Regionalization and Asia’s Role in the World

    - Peter Wong, Deputy Chairman and Chief Executive, The Hong Kong and Shanghai Banking Corporation

  • Parallel Breakout Sessions 1A - Globalization and Civilization: Understanding Conflict and Cooperation in the Asia Pacific

    Zhiwu Chen
    Chen
    Zhiwu Chen
    Chair Professor of Finance, The University of Hong Kong

    Yoshikazu Kato
    Kato
    Yoshikazu Kato
    Adjunct Associate Professor, Asia Global Institute

    Ananth Krishnan
    Krishnan
    Ananth Krishnan
    AsiaGlobal Fellow 2019, Asia Global Institute

    Kishore Mahbubani
    Mahbubani
    Kishore Mahbubani
    Distinguished Fellow, Asia Research Institute, National University of Singapore
    Alejandro Reyes
    Reyes
    Alejandro Reyes
    Director of Knowledge Dissemination and Adjunct Professor, Asia Global Institute

    Parallel Breakout Sessions 1A - Globalization and Civilization: Understanding Conflict and Cooperation in the Asia Pacific

    The US-China trade dispute may be a preview of things to come – a high-stakes techno-nationalist battle for strategic influence in the Asia Pacific. It is shaping up to be a clash of civilizations, a collision of different values, some argue. How are power relationships changing in the region, especially with the deepening integration of Southeast Asia and the closer relationships that ASEAN is forging not just with China but with India and Japan? Where are the opportunities for cooperation? Where are the potential points of conflict? Are the forces of populism and nationalism, borne out of growing inequality, driving a decoupling, a new wave of de-globalization?

    - Zhiwu Chen, Director, Asia Global Institute
    - Yoshikazu Kato, Adjunct Associate Professor, Asia Global Institute
    - Ananth Krishnan, Visiting Fellow, Brookings India (AsiaGlobal Fellow 2019)
    - Kishore Mahbubani, Distinguished Fellow, Asia Research Institute, National University of Singapore
    - Alejandro Reyes, Director of Knowledge Dissemination, Asia Global Institute (moderator)

  • Parallel Breakout Sessions 1B: Achieving and Financing the Next Stage of Asia's Development

    Sally Chen
    Chen
    Sally Chen
    Resident Representative for Hong Kong SAR, International Monetary Fund

    Fred Hu
    Hu
    Fred Hu
    Founder and Chairman, Primavera Capital Group

    Julia Leung
    Leung
    Julia Leung
    Deputy Chief Executive Officer and Executive Director, Intermediaries, Securities and Futures Commission

    Laurence Li
    Li
    Laurence Li
    Chairman, Hong Kong Financial Services Development Council
    Kwok Chuen Kwok
    Kwok
    Kwok Chuen Kwok
    AsiaGlobal Fellows Program Director, Asia Global Institute

    Parallel Breakout Sessions 1B: Achieving and Financing the Next Stage of Asia's Development

    Asian economies are among the fastest growing in the world. By 2030, two thirds of the global middle class will be living in the region. Demand for infrastructure such as transport, water supply or waste treatment will remain strong and there are concerns whether Asian economies could get enough financing to support all such badly-needed investments. Meanwhile, there is a rapidly increasing realization that green finance is important to ensure investments will help to meet the Sustainable Development Goals (SDGs). What are the key considerations in promoting green finance? What are the opportunities and challenges in financing the needs of the rapidly changing demographics in Asia, including ageing? What role will technology play, either in improving the efficiency and effectiveness of the financial services industry or in promoting financial inclusion?

    - Sally Chen, Hong Kong Resident Representative, International Monetary Fund
    - Fred Hu, Chairman, Primavera Capital Group
    - Julia Leung, Deputy CEO, Securities and Futures Commission, Hong Kong
    - Laurence Li, Chairman, Hong Kong Financial Services Development Council
    - KC Kwok, AsiaGlobal Fellows Program Director, Asia Global Institute (moderator)

  • Parallel Breakout Session 2A: The Outlook for Global Trade

    Vinod Aggarwal
    Aggarwal
    Vinod Aggarwal
    Professor, Travers Department of Political Science and Director of Berkeley Asia Pacific Economic Cooperation Study Center (BASC), The University of California at Berkeley

    Patrick Low
    Low
    Patrick Low
    AsiaGlobal Fellows Program Advisor, Asia Global Institute Visiting Professor, Faculty of Business and Economics, The University of Hong Kong

    Mari Pangestu
    Pangestu
    Mari Pangestu
    Managing Director of Development Policy and Partnerships, World Bank

    Zhigang Tao
    Tao
    Zhigang Tao
    Professor of Economics and Strategy in the Faculty of Business and Economics, The University of Hong Kong Director of the Institute for China and Global Development, The University of Hong Kong
    Heribert Dieter
    Dieter
    Heribert Dieter
    Director of Policy Research, Asia Global Institute

    Parallel Breakout Session 2A: The Outlook for Global Trade

    The multilateral trading system is in rocky waters. The US-China trade dispute is disrupting supply chains, prompting trade diversification and talk of decoupling. Tariffs have become a geopolitical weapon. The dispute settlement function of the World Trade Organization (WTO) could grind to a halt early next year. Brexit has torn apart what had been the best example of regional integration in the world. In this age of Trump, is the world de-globalizing?

    - Vinod Aggarwal, Director of Berkeley Asia Pacific Economic Cooperation Study Center, The University of California at Berkeley
    - Patrick Low, Former Chief Economist, World Trade Organization
    - Mari Pangestu, Distinguished Fellow, Asia Global Institute
    - Zhigang Tao, HSBC Professor in Global Economy and Business Strategy, The University of Hong Kong
    - Heribert Dieter, Director of Policy Research, Asia Global Institute (moderator)

  • Parallel Breakout Sessions 2B: Revolution in Healthcare through Digitalization

    Jeff Chen
    Chen
    Jeff Chen
    Group Chief Innovation Officer and Head of Capital Markets, Fullerton Health

    Barbara Meynert
    Meynert
    Barbara Meynert
    Advisory Board Member, Asia Global Institute

    Husein Reka
    Reka
    Husein Reka
    AsiaGlobal Fellow 2019, Asia Global Institute
    Keiji Fukuda
    Fukuda
    Keiji Fukuda
    Director and Clinical Professor, School of Public Health, The University of Hong Kong

    Parallel Breakout Sessions 2B: Revolution in Healthcare through Digitalization

    From the management of medical records to the delivery of treatments, technology is revolutionizing the healthcare sector. But is the revolution making life better for more people and providing higher quality services at a reasonable cost? Are innovations in healthcare bridging health divides and narrowing inequality – or are they creating a world split between fit individuals who can afford the best high-tech solutions that will prolong life and the unfit who settle for painkillers rather than real remedies?

    - Jeff Chen, Chief Innovation Officer, Fullerton Health
    - Barbara Meynert, Senior Advisor, Fung Group
    - Husein Reka, Chief Transformation Officer, Program for Health Assurance and Purchasing, Ministry of Health of Saudi Arabia (AsiaGlobal Fellow 2019)
    - Keiji Fukuda, Director, School of Public Health, The University of Hong Kong (moderator)

  • Closing dialogue: In Conversation with Sam Palmisano and Kishore Mahbubani - moderated by Zhiwu Chen

    Kishore Mahbubani
    Mahbubani
    Kishore Mahbubani
    Distinguished Fellow, Asia Research Institute, National University of Singapore

    Samuel Palmisano
    Palmisano
    Samuel Palmisano
    Chairman, The Center for Global Enterprise
    Zhiwu Chen
    Chen
    Zhiwu Chen
    Chair Professor of Finance, The University of Hong Kong

    Closing dialogue: In Conversation with Sam Palmisano and Kishore Mahbubani - moderated by Zhiwu Chen

    AI and other Industrial Revolution 4.0 technologies will reshape the way people live and work. In this special Global Thinkers session, which will cap the AGD Closing Dialogue, the speakers will explore the implications of technological advances and heightened competition for the global economy, and the evolving international order- the sustainability of US leadership and the impact of China’s ascendance.

    - Kishore Mahbubani, Distinguished Fellow, Asia Research Institute, National University of Singapore
    - Sam Palmisano, Chairman, The Center for Global Enterprise
    - Zhiwu Chen, Director, Asia Global Institute (Moderatior)

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