Day 1: October 30
09:00-09:30 Registration and Networking
09:30-10:15 OPENING SESSION
• Welcoming Remarks : [Moon-Kyu Bang, Vice Minister of Strategy and Finance of Korea]
• Opening Remarks: [Joon-Kyung Kim, President, Korea Development Institute (KDI)]
• Keynote Speech : [Gerd Schwartz, Deputy Director, IMF FAD]
10:15-11:45 SESSION I: WHY PUBLIC INVESTMENT MANAGEMENT (PIM) MATTERS?
[Moderator: Kyung-Wook Hur, Former Korean Ambassador to the OECD and Former Vice Minister of Strategy and Finance of Korea]
This Session presents the trends in public investment and its linkages to fiscal policy. It also discusses the impact of new public financial management tools on public investment management. In addition, the session provides an overview of PIM reforms and challenges in advanced and developing countries.
• Public Investment Trends and Fiscal Policy (20 min)
[Gerd Schwartz, Deputy Director, IMF FAD]
• Public Investment Indicator Framework for Capital Spending (20 min) 
[Jay-Hyung Kim, Adviser, World Bank]
• Macroeconomic Developments in the Asian Region: Longer Term Prospects and Public Investment Needs.
[Giovanni Ganelli, Senior Economist, IMF Regional Office for Asia and the Pacific (OAP)] (20 min)
• Q&A (30min)
13:00-14:45 SESSION II: PIM POLICY AND REFORM: KOREAN EXPERIENCE
[Moderator: James A. Brumby, Practice Manager, World Bank]
This session presents an overview of PIM policies and reforms in Korea over the past fifteen years, discusses the technical underpinnings of strong project appraisals, and highlights impact of the PIM reforms.
• Korean PIM Policy in Fifteen Years (15 min)
[Youncheol Koo, Director General, Ministry of Strategy and Finance of Korea]
• Strong Project Appraisal Schemes: Preliminary Feasibility Studies (PFS) (15min)
[Kangsoo Kim, Executive Director, PIMAC KDI]
• The Institutionalization of Preliminary Feasibility Studies and its Contributions to the Public Inquiry Process (15 min)
[Yeonseob Ha, Professor, Yonsei University]
• Quantitative Performances of PFSs (15 min)
[Chang Gyun Park, Professor, Chung-Ang University]
• Macroeconomic Effects of Preliminary Feasibility Studies (15 min)
[Weh-Sol Moon, Professor, Seoul Women’s University]
• Discussions (30 min)
[David T. Gentry, Technical Assistance Advisor, IMF FAD]
15:00 – 17:20 SESSION III: PIM POLICY AND REFORM: INTERNATIONAL EXPERIENCE
[Moderator: Graham Glenday, Professor, Duke University]
This session reviews international experience in PIM reforms and challenges in countries at different development levels.
• Public Investment Management Systems: An Overview and an Agenda (20 min)
[Anand Rajaram, Governance Practice Leader, World Bank]
• Current Issues in Public Investment Management in Europe and Italy (15 min)
[Fabrizio Balassone, Deputy Head, Banca d’Italia]
• Q&A(30 min)
• Role of Public Investment in Japan’s Fiscal Policy (15 min)
[Toshihiro Ihori, Professor, University of Tokyo]
• Budget Reform and Public Investment Management in the Philippines (15 min)
[Florencio B. Abad, Secretary, Philippine Department of Budget and Management]
• Public Infrastructure Investment Management: Reforms and Challenges (15 min)
[Ulrike Rwida, Director, National Treasury of South Africa]
• Q&A (30 min)
Day 2: October 31
09:00-10:10 SESSION IV:SELECTED KEY PIM ISSUES
[Moderator: Young Lee, Professor, Hanyang University]
This Session highlights good practices for improving PIM and integrating investment planning and budgeting.
• Toward More Efficient Public Investment (20 min)
[David T. Gentry, Technical Assistance Advisor, IMF FAD]
• PIM and the Linkages to Fiscal Risks and Transparency (20 min)
[Murray C. Petrie, Director, Economics and Strategy Group]
• Discussions (30 min)
10:30 – 12:10 [Moderator: Isabel Rial, Senior Economist, IMF FAD]
• Strengthening Project Selection for Capital Budgeting (20 min)
[Graham Glenday, Professor, Duke University]
• Appraisal of Public Investment in Practice–Methodological Approaches and Decision Rules in Advanced Systems (20 min)
[Robert R. Taliercio, Lead Economist, World Bank]
• Measuring Performance in Government Procurement (20 min)
[Enzo de Laurentiis, Practice Manager, World Bank]
• Discussions (40 min)
13:30-14:40 [Moderator: Robert R. Taliercio, Lead Economist, World Bank]
• Managing Public Private Partnerships (20 min)
[Isabel Rial, Senior Economist, IMF FAD]
• Monitoring Capital Budget Execution: Re-Assessment Study of Feasibility (20 min)
[Hyungtai Kim, Fellow, PIMAC KDI]
• Discussions (30 min)
15:50-16:30 SESSION V:THE WAY FORWARD IN KOREAN PIM
[Moderator: David T. Gentry, Technical Assistance Advisor, IMF FAD]
This session is especially prepared for seeking future policy directions and strategies to overcome recent challenges. It aims to deal with polishing governance scheme of Korean PIM for more efficient resource allocations, and establishing clear roles of various stakeholders surrounding PIM. It also addresses challenges surrounding current Korean PIM and attempts to shed light on future analytical directions.
• Future of Korean PIM: Governance and Institutional Schemes (20 min)
[Hyeon Park, Professor, University of Seoul]
• Future of PFS (20 min)
[Kangsoo Kim, Executive Director, PIMAC KDI]
• Discussions (50 min)
16:30-17:15 CONCLUDING SESSION
[Moderator: Jay-Hyung Kim, Adviser, World Bank]
• The Way Forward in PIM (20 min)
[Jón R. Blöndal, Head of Division, OECD]
17:15-17:30 Concluding Remarks
[Kangsoo Kim, Executive Director, PIMAC KDI]
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