FRIDAY, NOVEMBER 21, 2008
08:00-09:00	Registration	International Lounge, Conrad Istanbul Hotel
OPENING SESSION
09:00-09:20	Opening Speech	Durmuş Yılmaz, Governor, Central Bank of Turkey
09:20-10:00	Keynote Address	John Taylor, Stanford University Globalization and
		Monetary Policy
10:00-10:20	Coffee Break
SESSION I:	Global Imbalances, Financial Stability and Monetary Policy
10:20-11:00	Financial Innovation and Monetary Policy
	Stephen G. Cecchetti, BIS
11:00-11:40	Fundamentals at Odds? The Dollar and
	the U.S. Current Account Deficit
	Gian Maria Milesi-Ferretti, IMF
11:40-12:20	Financial Market Turmoil and Policy Responses
	Philip Hartmann, ECB
12:20-13:00	Implication of the crisis for international currencies
	Richard Portes (Session Chair), London Business School
13:00-14:30	Lunch
Luncheon Address	Mehmet Şimşek, Minister of State
SESSION II:	Globalization and Inflation Dynamics
14:30-15:10	Developing Countries, Commodity Prices, and the Global
	Transmission of Inflation
	Steven Kamin, Federal Reserve Board of Governors
15:10-15:50	Emergence and Inflationary Dynamics
	Mehmet Yörükoğlu (Session Chair) , Central Bank of Turkey
15:50-16:20	Coffee Break
SESSION III:	Globalization and Business Cycles
16:20-17:00	Recessions
	Ayhan Köse, IMF
17:00-17:40	Inflation Targeting and Decoupling
	Andrew K. Rose (Session Chair), UC Berkeley
SATURDAY, NOVEMBER 22, 2008
SESSION IV:	Globalization and Challenges for Monetary Policy in Emerging Economies
09:00-09:30	Inflation Targeting in an Open Economy: Romania's Experience,
	Challenges & Future Prospects
	Cristian Popa, National Bank of Romania
09:30-10:00	Inflationary Risks and Global Financial Turmoil: Assessing
	Monetary Policy in Mexico
	Manuel Ramos Francia, Bank of Mexico
10:00-10:30	Current Challenges for Monetary Policy in Brazil: Dealing with
	Commodity Shocks and Global Financial Turmoil
	Mario Mesquita, Central Bank of Brazil
10:30-11:00	Inflation Targeting in an Open Economy: Romania's Experience,
	Challenges & Future Prospects
	Cristian Popa, National Bank of Romania
09:00-09:30	Monetary Policy in Emerging Markets Under Global Financial
	Turmoil and Commodity Price Inflation
	Leonardo Leiderman (Session Chair) , Tel Aviv University
11:00-11:30	Coffee Break
PANEL DISCUSSION: Lessons From the Recent Financial Turmoil
11:30-13:00	Stephen G. Cecchetti, BIS
	Charles Bean, Bank of England
	Abdullah Yavaş, Penn State University
	Erdem Başçı (Panel Chair) , Central Bank of Turkey
13:00-13:10	Closing Remarks
	Durmuş Yılmaz, Governor, Central Bank of Turkey
13:10-14:15	Lunch
Printable version of the agenda