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(PIM Conference Seoul 2019) Public Investment Management for Decades to Come: Lessons from the Past and Challenges for the Future
Part 1 PIM: Performance and Lessons Learned
Day 1/ Mon. Dec. 16, 2019
09:00-09:30
Registration and Networking
09:30-09:45
Opening Ceremony+
  • Welcoming Remarks   Yun-cheol Koo, Vice Minister, Ministry of Economy and Finance (MOEF)
  • Opening Remarks   Jeong Pyo Choi, President, Korea Development Institute (KDI)
09:45–09:55
Group Photo
09:55–10:15
Coffee Break
10:15–10:55
Keynote Speeches
  • Keynote Speech 1 Jim Brumby, Senior Advisor, World Bank
  • Keynote Speech 2 Chishiro Matsumoto, Advisor, International Monetary Fund (IMF)
11:00-12:45
Session 1. Public Investment Management Policy and Two Decades Performance in Korea
  • Chair Jim Brumby, Senior Advisor, World Bank
  • videoKorea’s 20 years of PIM development video
  • Presentation 1Korea’s PFS experiences and lessonsKiwan Kim, Senior Vice President, KDI
  • Presentation 2Korea versus other countries-PIM legal and institutional arrangementsSimon Groom, Independent Consultant
  • Presentation 3Recent development of Korea’s PIM policyHyunmyung Kim, Professor, Myongji University
  • DiscussionGraham Glenday (Professor, Duke University)
    Frederico Gil Sander (Lead Economist, World Bank)
    Youngsun Koh (Executive Director, KDI)
12:45-14:10
Lunch
14:10-15:40
Session 2. Recent Development in PIM: From Diagnostics to Reform Actions
  • Chair Chishiro Matsumoto, Advisor, International Monetary Fund (IMF)
  • Presentation 1PIMA diagnostics and recommendationsFabien Gonguet, Economist, IMF
  • Presentation 2PIM reference guide for actionsJay-Hyung Kim, Advisor, World Bank
  • Presentation 3Reflecting equity outcomes in PIM decisions/actionsGlenn P. Jenkins, Professor, Queen’s University
  • DiscussionAndrew Blazey (Deputy Head, OECD)
    Jongyearn Lee (Professor, KDI School)
    Hojun Lee (Director, KDI)
15:40-16:00
Coffee Break
16:00-17:30
Session 3. Fiscal Management of PIM
  • Chair Yong-seong Kim, Senior Fellow, KDI
  • Presentation 1Fiscal rule for public expenditure and PIMFrederico Gil Sander, Lead Economist, World Bank
  • Presentation 2Korea’s capital budgeting and PIMSeong Tae Kim, Director, KDI
  • Presentation 3Connecting IFMIS and PIMS for better fiscal management of PIMEdgardo S. Mimica, Professor, Universidad Adolfo Ibáñez
  • DiscussionSimon Groom (Independent Consultant)
    Hyeon Park (Professor, University of Seoul)
    Fabien Gonguet (Economist, IMF)
Day 2/ Tue. Dec. 17, 2019
09:00-10:30
Session 4. PIM for SOE , PPP and SNG
  • Chair Glenn P. Jenkins, Professor, Queen’s University
  • Presentation 1PIM for SOE ProjectsGraham Glenday, Professor, Duke University
  • Presentation 2PIM for PPP Projects in KoreaHojun Lee, Director, KDI
  • Presentation 3The impact of ageing on the SOC transportation investmentDeockhyun Ryu, Professor, Chung-Ang University
  • DiscussionFabien Gonguet (Economist, IMF)
    Edgardo S. Mimica (Professor, Universidad Adolfo Ibáñez)
    Sanghoon Ahn (Executive Director, KDI)
10:30-10:45
Coffee Break
10:45-12:15
Session 5. Opportunities and Challenges for the Future PIM
  • Chair Jay-Hyung Kim, Advisor, World Bank
  • Presentation 1 Governance for infrastructure and its lessons to KoreaAndrew Blazey, Deputy Head, Organisation for Economic Co-operation and Development (OECD)
  • Presentation 2How has the PFS been Framed in Korea?Kilkon Ko, Professor, Seoul National University
  • Presentation 3Challenges for the future PIM in KoreaHyeon Park, Professor, University of Seoul
  • DiscussionFrederico Gil Sander (Lead Economist, World Bank)
    Sok Chul Hong (Professor, Seoul National University)
    Hyungtai Kim (Executive Director, KDI)
12:25-13:30
Lunch
Part 2 Korean PFS: Past 20 Years and Future to Come
* Part 2 of PIM Conference Seoul is held for Korean participants only; no English interpretation is provided
14:00-14:45
Session 1. Main Issues of PFS
  • Chair Shon Euiyoung, Professor, University of Seoul
  • Presentation 1Ripple effects on the regional economy of projects in operation as a result of induced demandSeung-Young Kho, Professor, Seoul National University
  • Presentation 2Improving assessment of policy effect using evidence-based policy decision-making technique Hyunmyung Kim, Professor, Myongji University
  • Presentation 3Analysing issues of PFS in social welfare sectorEugene Yeo, Head, Korea Institute for Health and Social Affairs (KIHASA)
14:45-14:55
Break
14:55-15:55
  • Presentation 4Analytic Hierarchy Process (AHP) of culture projectsJeongmin Ko, Professor, Hongik University
  • Presentation 5Role and function of regional balanced development analysis in PFSJongyearn Lee, Professor, KDI School of Public Policy and Management
  • Discussion Ji Woo Lee (Deputy Director, MOEF)
    Seungheon Lee (Deputy Director, KDI)
    Sung-Bong Chung (Professor, Seoul National University of Science and Technology)
15:55-16:15
Coffee Break
16:15-17:05
Session 2. Looking Back at 20 Years of PFS and Recommendations for the Future
  • Chair Jay-Hyung Kim, Advisor, World Bank
  • Discussion Sungwook Yoon (Director General, MOEF)
    Hyungtai Kim (Executive Director, KDI)
    Seong-yo Mun (Director General for Policy Planning, Ministry of Land Infrastructure and Transport)
    Jae-Yong Son (Professor, Konkuk University)
    Myung-Bae Yeom (Emeritus Professor, Chungnam National University)
    No-Wook Park (Director, Korea Institute of Public Finance)
17:05-17:15
Closing Ceremony Sungwook Yoon, Director General, MOEF
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