As oil prices remain high and global financial turbulence worsens, the world economy faces heightened risks and uncertainty. High and volatile oil prices threaten economies of oil-exporting and oil-importing developing countries in very different ways, and pose long term challenges to poverty, inequality, social stability and environmental sustainability. Policymakers the world over are looking for information and analysis on oil-price dynamics as well as instruments for risk management.
In response to client demand, the World Bank Institute (WBI) and George Washington University (GWU) jointly organized a global finance forum in Washington DC during March 10-11 2008. The forum attracted 118 participants, included vice ministers, deputy governors and parliamentarians from oil importing and exporting countries, central bankers and officials from finance and energy ministries, Executive Directors and World Bank/IMF staff, as well as practitioners from the development community. It received intensive media coverage and was widely regarded as a timely event with top-notch speakers and the most up-to-date content.
To discuss and address this urgent global issue and make the rich content of the Washington forum accessible to more people in the East Asia Pacific region, WBI and the Tokyo Development Learning Center (TDLC), in cooperation with the Institute of Energy Economics, Japan, (IEEJ) will jointly offer a GDLN blended learning program starting with a full day videoconference on June 4, 2008.
• To better understand the driving forces of oil-price volatility, their impact on the global economy, and price outlook in the next 15-20 years;
• To raise awareness on policy options to mitigate the risks using financial market instruments.
*Please see attached program for details.
Who should attend?
• Government officials from Emerging Market economies in East Asia
• Executives from energy-intensive sectors and financial institutions and
• Sector analysts, researchers, and practitioners from the development community.
Participation Fee (for Jun 4th 6-hour VC session)
Participants from Japan
: 30,000 yen.
Please find the payment options on the program Moodle website.
US $100.00 in local currencies.
Please check with the local GDLN Center and make payment locally.
The fee includes all learning materials, a CD ROM, lunch and coffee, and covers the technical cost of videoconference.
Course Directors: Yan Wang (WBI), Robert Weiner (George Washington University)
Co-Directors: Jiping Zhang, Eiko Wataya (TDLC)
This program uses Moodle as its learning management system.
World Bank Institute
Bangkok 8:00 - 15:00
Chulalongkorn University - e-Learning Room, 3rd Floor, Thailand Center of Academic Resources DLC
Beijing Distance Learning Center (within the World Bank Office, Beijing)
University of Indonesia Distance Learning Center
Asian Institute of Management (AIM) WB Distance Resource Center
Tokyo Development Learning Center,
English/Japanese simultaneous translation will be provided
World Bank Institute