Tokyo Fiscal Forum 2016

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Tokyo Fiscal Forum 2016 Fiscal Policy for Long-term Growth and Sustainability in Aging Societies Achieving Sustainable Social Spending AGENDA June 6-7, 2016 Tokyo Mita Conference Hall

DAY 1: Monday, June 6 09:30-10:00 Registration 10:00-10:30 Opening Session Opening Statement Masatsugu Asakawa (Vice Minister of Finance for International Affairs, Japan) Keynote Addresses Mitsuhiro Furusawa (Deputy Managing Director, IMF) Naoyuki Yoshino (Dean, Asian Development Bank Institute) 10:30-10:50 Photo Session and Coffee Break 10:50-12:45 Session 1: Adequate Coverage of National Healthcare Systems in Asia Moderator: Odd Per Brekk (Director, Regional Office for Asia and the Pacific, IMF) [1] Financing for Universal Health Coverage in Asia Soonman Kwon (Chief of Health Sector Group, Asian Development Bank) [2] History of measures to achieve universal coverage of national health system and role of price control in Japan Hideki Hashimoto (Professor, The University of Tokyo, Japan) [1] Reforms of centralized social insurance system in Korea Bong-min Yang (Professor, Seoul National University, Korea) 2

[2] Recent efforts and achievements to widen the coverage of national health system in Viet-Nam Hung Dang Viet (Deputy Director, Department of Planning and Finance, Ministry of Health, Viet-Nam) 12:45-14:00 Lunch 14:00-15:55 Session 2: Measures to Achieve Sustainable Healthcare System Moderator: Bokhwan Yu (Deputy Dean, Asian Development Bank Institute) [1] Managing healthcare expenditures: fiscal projections and effects of reforms Sanjeev Gupta (Deputy Director, Fiscal Affairs Department, IMF) [2] Measures to achieve sustainable healthcare system: achievements and challenges of health technology assessment Alistair McGuire (Professor, London School of Economics and Political Science) Discussion [1] The role of gatekeeping for efficient healthcare spending in Malaysia Jaafar Safurah (Director, Family Health Development Division, Ministry of Health, Malaysia) [2] Reviewing benefit package using health technology assessment in Thailand Sripen Tantivess (The Health Intervention and Technology Assessment Program (HITAP), Ministry of Public Health, Thailand) Discussant: Masako Ii (Professor, Hitotsubashi University, Japan) 15:55-16:10 Coffee break 16:10-18:00 Session 3: Designing Public Pension System 3

Moderator: Bouangeun Ounnalath (Acting Director General, Ministry of Finance, Lao PDR) [1] The role of public pensions and reform options Nicholas Barr (Professor, London School of Economics and Political Science) [2] Population aging and its impacts on public/private intergenerational transfers Sang-Hyop Lee (Professor, University of Hawaii at Manoa) Discussion [1] Recent achievement to widen the coverage of pension system and strengthening administration in Indonesia Isa Rachmatarwata (Expert Staff of Financial Services and Capital Market Policy and Regulation, Ministry of Finance, Indonesia) [2] Public pension reforms under demographic changes example of China Yvonne Sin (Towers Watson) Discussant: Sanjeev Gupta (Deputy Director, Fiscal Affairs Department, IMF) 19:00-21:00 Dinner (All Participants are invited) Welcome speech: Daikichi Momma (Director-General of International Bureau, Minister of Finance, Japan) Closing speech: Maung Maung Win (Deputy Minister, Ministry of Plannning and Finance, Myanmar) 4

DAY 2 Tuesday, June 7 9:30-11:20 Session 4: Challenges in Public Pension Systems under Uncertainty and Demographic Changes Moderator : Guanghua Wan (Director of Research, Asian Development Bank Institute) [1] Recent reforms for public pension systems in advanced and emerging countries Junji Ueda (Advisor, Fiscal Affairs Department, IMF) [2] Pension funding and domestic saving: macroeconomic implications Naoyuki Yoshino (Dean, ADBI), Shinichi Nakabayashi (Director of Administration, Management, and Coordination, ADBI), Naoko Aoyama (Lecturer, Center for Finance Research, Waseda University) Discussion [1] Adjustment of eligibility age for public pension system in Australia Hazel Bateman (Professor, School of Risk and Actuarial Studies, University of New South Wales, Australia) [2] Automatic balancing mechanism adjusting benefit according to demographic conditions Nobuyuki Uda (Director-General of Research and Co-ordination Department, Policy Research Institute, Ministry of Finance, Japan) Discussant: Phalla Phan (Director General, Ministry of Finance, Cambodia) 11:20-11:35 Coffee break 5

11:35-12:30 Special Session Presentation [1] Social policy, informality and economic growth Santiago Levy (Vice President for Sectors and Knowledge, Inter-American Development Bank) [2] The role of asset management, health, and education in financial decisions by individuals at post-retirement ages Isaac Ehrlich (Professor, State University of New York at Buffalo) 12:30-14:00 Lunch Luncheon Speech Loi Viet Nguyen (President, National Institute for Finance, Ministry of Finance, Viet-Nam) 14:00-15:10 Round Table Discussion: General Lessons Learned Moderator: Sanjeev Gupta (Deputy Director, Fiscal Affairs Department, IMF) Panelists: Tetsuo Kabe (Deputy Director-General, Budget Bureau, MOF, Japan) Kang Jia (Former President of RIFS / President and Secretary-General, China Academy of New Supply-side Economics, China) Santiago Levy (Vice President for Sectors and Knowledge, Inter- American Development Bank) Archana Saharya Mathur (Senior Economic Adviser, Department of Economic Affairs, Ministry of Finance, India) Jae Ha Park (Senior Fellow, Korea Institute of Finance, Korea) Commentator: Nicholas Barr (Professor, London School of Economics and Political Science) 6