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| Doing Business in Emerging Markets During a Global Economic Downturn: Managing Risk and Identifying Opportunities |
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DOING BUSINESS IN EMERGING MARKETS DURING A GLOBAL ECONOMIC DOWNTURN : Managing Risk and Identifying Opportunities
Fears of a worldwide recession and persistent systemic tensions in the international financial tensions are fuelling an indiscriminate risk aversion. The international situation changed radically after the collapse of Lehman Brothers, with a sudden and massive dry-up in liquidity and financing available. The previous US and EU slowdown in demand has brutally turned into a collapse, with households, corporate and financial institutions unable to access financial resources.
After having believed that emerging markets could remain partly immune to the international turbulences, perception have shifted to a wave of panic regarding both the banking, payment, cyclical, exchange rate and asset market situation in most emerging countries.
The critical element today is to be able to discriminate between individual countries and markets, as only such acute discrimination can minimize the potential losses and highlight opportunities.
Hear from our invited speaker Dr Thierry Apoteker, an Economist who often shares his insights with multilateral institutions such as European Commission and UNCTAD, on how to manage your risks and identify opportunities.
WHO SHOULD ATTEND
CEOs, CFOs, CIOs, Business Analysts, Key Decision-Makers,and those who are looking to venture into overseas markets.
SEMINAR DETAILS
| Date | 11 December 08, Thursday |
| Time | 10:00am – 12:30pm |
| Venue | IE Singapore
Little Red Dot Seminar Room
230 Victoria Street #10-00
Bugis Junction Officer Tower
Singapore 188024 |
| Fees | Free of charge
(Onsite registration; seats are limited and on a first-come-first served basis) |
PROGRAMME
| 10.00am | Registration |
| 10.30am | Welcome Address by IE Singapore |
| 10.35am | Presentation by Dr Thierry Apoteker |
| 12.00pm | Q & A Session |
| 12.30pm | End |
PRESENTATION SYNOPSIS
How to discriminate between the major risks and the potential opportunities for the medium-term: risk analysis, intensity of transmission, and economic potential over the medium-term
- Risk analysis has to focus today on the most critical vulnerability points: countries' external performances and financing, strength of banking systems and currency valuation
- The transmission from the international crisis will be through trade and finance alike
- The world will not disappear: do not forget the emerging markets' potential
How to incorporate the risks and use them in a strategic approach to emerging markets during these turbulent times: an application to China, India, Vietnam, Indonesia, Thailand and the Gulf countries
- The TAC RiskMonitor tool allows identifying degrees and nature of risks
- Political and governance issues to be taken on board
- This leads to operational suggestions on risk mitigation policies
- The estimation of a "structural" cost of capital for investments in these economies combined with medium-term potential can help identifying the most attractive opportunities
SPEAKER'S PROFILE
Thierry Apoteker graduated from the top French school of management (HEC) and obtained a PhD in monetary economics from the University of Paris Dauphine. He started as a junior economist in a French think tank (B.I.P.E.) and then moved to Banque Indosuez (now Calyon) where he set up the country risk division before becoming the bank's chief economist and head of the Research Department.
Thierry Apoteker left the bank in 1990 to create the consultancy group which bears his name (TAC). TAC is heavily involved in applied economic research, with a focus on country risk, international trade and investment, and financial sector development.
TAC has established a very strong reputation for high quality operational economic analyses, as well as for innovative quantitative development in the field of economics and finance. TAC works primarily for very large corporations, but also for
multilateral institutions (European Commission, UNCTAD, ADB…).
Thierry Apoteker has kept many academic activities, including a four year position as an Associate Professor of Economy at the University of Rennes (France), and numerous positions as a lecturer in the field of international economic analysis (HEC Paris, IGR/ENSAI, University of Rennes, …). He is a regular speaker at many international conferences on country risk and international strategies.
Date:
11/12/2008
For more information, please contact:
Organiser: IE Singapore
Contact Person: IE Singapore Customer Service
Telephone no: 1800-4377673 |