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Title

[Videoconference] The New Pattern of Global Trade: Opportunities and Challenges for the Emerging Economies
(Seminar 2: Free Trade Zone: International experience and local development)

Type Videoconference
Venue KDI School, Seoul, Republic of Korea Date 2014-06-10 ~ 2014-06-10
Host KDI School of Public Policy and Management Organizer
This event is provided in English. 

The New Pattern of Global Trade: Opportunities and Challenges:
Free Trade Zone: International experience and local development

As the economic globalization goes in depth, the developing countries, which account for over 40 percent of the global trade, are playing an increasingly important role in global economy and trade. Since the financial crisis, the global economic and trade pattern has been readjusted, and new rules of global trade, which pursue higher liberalization in business operation, investment and services, and emphasize more on fair competition and protection of rights and interests, has been established. The new pattern may to a large extent reshape the external environment of the emerging economies and reconstruct the global economic value chain, and thus may again repel the emerging economies, including China, to the edge of the international trade system. Emerging economies are therefore confronted with severe challenges to establish more reasonable economic and trade policies for the purpose of playing an even more active role in the global economy and boosting sustainable local economic development.
 
In recent years, China witnessed a rapid growth in its foreign trade. In 2012, China has surpassed the US to become the world’s biggest trade country with its overall foreign trade volume reaching $3.87 trillion. However, like the other developing countries, China lacks diversity in its foreign trade structure and received limited sharing in global value chains. Therefore, it’s of China’s top priority to further develop trade in services and enhance its level of investment liberalization to be further integrated into the global economy and contribute to its economic and structural transformation and upgrading.
 
The Asia-Pacific Finance and Development Center (AFDC) is established by the Chinese government aiming to strengthen institutional capacity building in the areas of finance and development for the developing economies in the Asia-Pacific region.
 
Welcome Remarks
12:00 ~ 12:10
(Beijing Time)
AFDC & WB & GDLN-AP centers
Welcome remarks
Overview of the program
Invite each GDLN-AP center to give a brief introduction
Moderator: Dr. Ji Rui (Jerry)
Session 1: Korea’s Experience
12:10 ~ 12:40 Korea,
Speaker: Mr. Sherzod Shadikhodjaev
Title: Professor, KDI School
12:40 ~ 12:55 Q&A,
Participants exchange ideas with the speakers.
Session 2: China's Experience
12:55 ~ 13:25 China,
Speaker: Mr. Bo CHEN
Title: Associate Department Head, Shanghai University of Finance and Economics
13:25 ~ 13:40
Q&A,
Participants exchange ideas with the speakers.
Session 3: The framework and global perspective
13:40 ~ 14:10 World Bank,
Speaker: Mr. Ganesh Rasagam
Title: Lead Private Sector Development Specialist, the World Bank
14:10 ~ 14:25 Q&A,
Participants exchange ideas with the speakers.
Wrapping-up and Closing
14:25 ~ 14:30 Summarize and close the session
Thank participants for attendance
Moderator: Dr. Ji Rui
□ Date: June 10, 2014
□ Venue: KDI School of Public Policy and Management
□ Contact: Ms. Grace Kim (se_kim@kdischool.ac.kr, +82-(0)2-3299-1106)