Jakarta (ANTARA News) - Indonesian financial and investment authorities and the International Monetary Fund (IMF) will hold a high-level conference themed "Coping with Asia`s Large Capital Inflows in a Multi-Speed Global Economy" on March 11, 2011 in Bali.

Bank Indonesia (BI) in an announcement, on Thursday, said the one-day conference will bring together leading academics, researchers, investors and policymakers from Asia and other emerging market countries.

The conference, with BI and the Indonesia Investment Coordinating Board (BKPM as n hosts aims to provide an opportunity for discussions concerning the most recent developments regarding capital flows as well as ways to manage them effectively.

According to BI, the conference will allow policymakers from around the world to interact and share their invaluable experiences in managing capital flows at the gathering which will be jointly opened by BI Governor Darmin Nasution and IMF Director for Asia and the Pacific, Anoop Singh.

The theme of the conference is to cover the prospect of capital flows to emerging markets during the global recovery, and the appropriate policy response to benefit from the opportunities created by capital flows, including managing the risks

Another theme is on the challenge of channelling capital flows into long-term investment in order to bolster growth prospects and help facilitate balanced and sustainable global growth.

This conference represents a continuation of the previous conference in Daejeon, South Korea, in July 2010, where the IMF committed to strengthening new relationships with countries in the Asian region.(*)

Editor: Aditia Maruli Radja
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