THE 1 ST KIPF-OECD ROUNDTABLE OF THE NETWORK ON FISCAL RELATIONS IN ASIA (RONFRA) Making fiscal decentralization work for inclusive growth in Asia

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THE 1 ST KIPF-OECD ROUNDTABLE OF THE NETWORK ON FISCAL RELATIONS IN ASIA (RONFRA) Making fiscal decentralization work for inclusive growth in Asia Workshop organized by the Korea Institute of Public Finance and the OECD Yeong Bin Gwan (1F), Hotel Shilla Seoul December 18-19, 2017 Objective of the workshop The theme of the 2017 workshop is Making fiscal decentralization work for inclusive growth in Asia. Given the current economic context around the world, inclusive growth is a hugely important topic and has been made a key national policy objective in many countries. It is also promoted by international organizations especially the OECD as well as the ADB, the IMF, the World Bank, and the UN. The OECD has been a leading promoter of inclusive growth policies, and frameworks for analysis. Since subnational governments are involved in so many aspects of policymaking, it is natural to investigate how and to what extent subnational governments can play a role for inclusive growth. However, there remains surprisingly little research on the links between inclusive growth and fiscal decentralization. The OECD and the KIPF held a workshop on this theme in Paris in May, involving experts from OECD member countries. However, achieving inclusive growth is arguably even more important for developing and emerging countries, because the inclusiveness of economic growth also affects economic growth trajectories and the pace of convergence. Without sufficiently inclusive economic growth, it can be hard for a converging economy to sustain economic growth. The concepts of inclusive growth and fiscal decentralization are both very broad. Yet for individual countries, there are likely to be pressing challenges and important issues related to inclusive growth and fiscal decentralization. We invite papers and presentations that deal with such topics. Bringing such diverse issues together and having them discussed by experts in relevant academic and policy fields will give us an opportunity for new perspectives and sharing of information on the relationship between inclusive growth and fiscal decentralization.

Program * Venue: Ruby, Yeong Bin Gwan (1F), Hotel Shilla Seoul Monday, December 18, 2017 09:00 09:20 Registration 09:20 09:25 Welcoming Remarks Hyung-Soo Park, President, 09:25 09:40 Activities of OECD Network on Fiscal Relations and the motivation of RoNFRA Junghun Kim, Chair, The OECD Network on Fiscal Relations across Levels of Government / Vice President, Session Session I Ⅰ 09:40 11:10 Fiscal Decentralization and Inclusive Growth: An Overview and Challenges Moderator Jón Blöndal Head of Division for Budget Policy, OECD Governance Directorate Fiscal Decentralization and Inclusive Growth: an Overview Speaker Junghun Kim Vice President, Discussant Masayoshi Hayashi Professor, Graduate School of Economics, University of Tokyo, Japan Promoting Productivity in a Decentralized Environment Speaker Sean Dougherty Senior Advisor, OECD Network on Fiscal Relations Discussant Christine Wong Director, Centre for Contemporary Chinese Studies, University of Melbourne, Australia A Global View on Subnational Governments in Asia: structure and finance Speaker Isabelle Chatry Project Manager, Subnational Finance, Centre for Entrepreneurship, OECD Discussant Hanif Rahemtulla Senior Public Management Specialist, Asian Development Bank 11:10 11:30 Group Photo and Coffee Break

Session Session I Ⅱ 11:30 13:00 Inclusive Growth & Fiscal Decentralization in Asia: Issues & Policy Responses (1) Moderator Randall Crane Professor in Urban Planning, UCLA, USA Public Policy for a Modernizing China: the Challenge of Providing Universal Access to Education under Fiscal Decentralization Speaker Christine Wong Director, Centre for Contemporary Chinese Studies, University of Melbourne, Australia Discussant Jocelyn C. Cuaresma Associate Professor and College Secretary, National College of Public Administration and Governance, University of the Philippines Diliman, Philippines Inclusive Growth and Decentralization in Japan: Current State and Challenges Speaker Masayoshi Hayashi Professor, School of Economics, University of Tokyo, Japan Discussant Duangmanee Laovakul Assistant Professor, Faculty of Economics, Thammasat University, Thailand Inclusive Growth and Decentralization in Korea Speaker Hyun-A Kim Senior Economist, Discussant Peter Vujanovic Former Head of Indonesia Desk, OECD Economics Department 13:00 14:15 Lunch (Hotel Shilla, host: KIPF)

Session Ⅲ Session I 14:15 15:45 Inclusive Growth & Fiscal Decentralization in Asia: Issues & Policy Response (2) Moderator Christine Wong Director, Centre for Contemporary Chinese Studies, University of Melbourne, Australia Decentralization to Promote Regional Development in Indonesia Speaker Peter Vujanovic Former Head of Indonesia Desk, OECD Economics Department Discussant Randall Crane Professor in Urban Planning, UCLA, USA Strengthening the Internal Revenue Allotment System towards Greater Equity Speaker Jocelyn C. Cuaresma Associate Professor and College Secretary, National College of Public Administration and Governance, University of the Philippines, Philippines Discussant Hyun-A Kim Senior Economist Fiscal Federalism in Russia and its Contribution to Inclusive Growth Speaker Hansjörg Bloechliger Head of Russia Desk, OECD Economics Department Discussant Cigdem Akin Senior Public Management Economist, ADB 15:45 16:15 Coffee Break

Session Ⅳ Session I 16:15 17:30 Inclusive Growth & Fiscal Decentralization in Asia: Issues & Policy Response (3) Moderator Masayoshi Hayashi Professor, Graduate School of Economics, University of Tokyo, Japan Fiscal Decentralisation and Governance in Thailand Speaker Duangmanee Laovakul Assistant Professor, Faculty of Economics, Thammasat University, Thailand Discussant Junghun Kim Vice President, Fiscal Decentralization and Inclusive Growth in Vietnam Speaker Truong Ba Tuan Vice President, National Institute for Finance, Vietnam Discussant Leila Magda Rivera Director, Department of Budget and Management, Philippines Fiscal Decentralization: the Case of Malaysia Speaker Muhammad Syah Bin Ab Raub Government Officer, Fiscal Policy Office, Fiscal and Economic Division, Ministry of Finance, Malaysia Discussant Truong Ba Tuan Vice President, National Institute for Finance, Vietnam 18:30 20:00 Dinner (Hotel Shilla, host; KIPF)

Tuesday, December 19, 2017 Session Session I Ⅴ 09:00 11:00 Inclusive Growth, Decentralization and Development Agendas (with ADB) Moderator Hanif Rahemtulla Senior Public Management Specialist, ADB Introduction on Fiscal Decentralization and Inclusive Growth: towards the SDGs Speaker Randall Crane Professor in Urban Planning, UCLA, USA Fiscal Decentralization and Development: The Case of Lao PDR Speaker Sifong Oumavong Director, Macroeconomic and Fiscal Policy Division, Fiscal Policy and Law Department, Ministry of Finance, Lao PDR Fiscal Federalism and Inclusive Growth: The Case of Nepal Speaker Bishnu Prasad Nepal Joint Secretary, Ministry of Finance, Nepal Fiscal Decentralization, the Case of Cambodia Speaker Vanmunin Chhieng Deputy Director, General Department of Sub- National Administration Finance, Ministry of Economy and Finance, Cambodia Vietnam's Experience and Lessons Learnt on Sub-national Public Debt Management Speaker Nghia Nguyen Director, Planning and Risk Management Division, Debt Management and External Finance Department, Ministry of Finance, Vietnam Cooperative & Competitive Federalism Approaches to Promote Outcome-Oriented Growth Speaker Ajay Kumar Nema Director, NITI Aayog, India Discussants Randall Crane Professor in Urban Planning, UCLA, USA. Sean Dougherty Rachana Shrestha Senior Advisor, OECD Network on Fiscal Relations Senior Public Management Officer, South Asia Regional Department, ADB

Session Ⅵ Session I Roundtable: The Future of Fiscal Decentralization in Asia 11:00 12:00 Moderator Junghun Kim Vice President, Panel Experts and Country representatives 12:00 13:30 Lunch (Hotel Shilla, host: KIPF)