{"id":57705,"date":"2018-10-30T11:59:45","date_gmt":"2018-10-30T02:59:45","guid":{"rendered":"http:\/\/www.pp.u-tokyo.ac.jp\/?p=16694"},"modified":"2018-10-30T11:59:45","modified_gmt":"2018-10-30T02:59:45","slug":"grss20181127-2","status":"publish","type":"post","link":"https:\/\/graspp.neopa.jp\/en\/events\/grss20181127-2\/","title":{"rendered":"GraSPP Research Seminar &#8220;Managing Public Wealth\uff08analytical chapter from \u201cThe 2018 Fiscal Monitor&#8221;)&#8221;<br>Mr. Jason Harris, International Monetary Fund"},"content":{"rendered":"<p><span style=\"color: #ff0000;\"><b>Report<\/b><\/span><\/p>\n<p>GraSPP Research Seminar Series \u201cManaging Public Wealth\uff08analytical chapter from \u201cThe 2018 Fiscal Monitor&#8221;)\u201d by Mr. Jason Harris from the Deputy Division Chief of the Public Financial Management Division of Fiscal Affairs Department, International Monetary Fund, was held on 27th November 2018 at the SMBC Academia Hall, 4F, International Academic Research Building, The University of Tokyo. Over 50 participants gathered the hall.<br \/>\nFor the presentation contents, please refer to the link below.<\/p>\n<p><a href=\"https:\/\/www.imf.org\/en\/Countries\/ResRep\/~\/media\/DAF32B44BC0143CC9D5FE02DE1594039.ashx\">https:\/\/www.imf.org\/en\/Countries\/ResRep\/~\/media\/DAF32B44BC0143CC9D5FE02DE1594039.ashx<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"400\" class=\"alignnone wp-image-18121\" style=\"background-color: transparent; color: #333333; font-family: -apple-system,BlinkMacSystemFont,&amp;quot; segoe ui&amp;quot;,roboto,oxygen-sans,ubuntu,cantarell,&amp;quot;helvetica neue&amp;quot;,sans-serif; font-size: 16px; font-style: normal; font-variant: normal; font-weight: 400; height: 400px; letter-spacing: normal; max-width: 2274.53px; orphans: 2; outline-color: #72777c; outline-style: solid; outline-width: 1px; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;\" alt=\"\" src=\"https:\/\/www.pp.u-tokyo.ac.jp\/wp-content\/uploads\/2018\/10\/IMG_9775-300x200.jpg\" \/><b><\/b><i><\/i><u><\/u><sub><\/sub><sup><\/sup><span style=\"text-decoration: line-through;\"><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"874\" height=\"400\" class=\"alignnone wp-image-18120\" alt=\"\" src=\"https:\/\/www.pp.u-tokyo.ac.jp\/wp-content\/uploads\/2018\/10\/IMG_9786b-1024x469.jpg\" \/><\/p>\n<p><span>**************<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"450\" class=\"aligncenter size-full wp-image-16703\" alt=\"\" src=\"https:\/\/www.pp.u-tokyo.ac.jp\/wp-content\/uploads\/2018\/10\/Flyer-20181127-e1540868322987.jpg\" \/><\/p>\n<p>Date: Tuesday, 27 November<\/p>\n<p>Time: 13:00\uff0d14:30<\/p>\n<p>Speaker: Jason Harris, Deputy Division Chief of the Public Financial Management Division, Fiscal Affairs Department, IMF<\/p>\n<p>Moderator: Manabu NOSE, Professor, Graduate School of Public Policy (GraSPP), The University of Tokyo<\/p>\n<p>Venue: SMBC Academia Hall, 4F, International Academic Research Building, The University of Tokyo (<a href=\"https:\/\/www.pp.u-tokyo.ac.jp\/en\/campus-map\/\">map<\/a>)<\/p>\n<p>Co-hosted by IMF Regional Office for Asia and the Pacific<\/p>\n<p><span style=\"display: inline !important; float: none; background-color: transparent; color: #333333; font-family: 'Open Sans',YuGothic,'Hiragino Kaku Gothic Pro','\u30d2\u30e9\u30ae\u30ce\u89d2\u30b4 Pro',Meiryo,\u30e1\u30a4\u30ea\u30aa,'MS PGothic','\uff2d\uff33 \uff30\u30b4\u30b7\u30c3\u30af',sans-serif; font-size: 13.93px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: 0.8px; line-height: 22.4px; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;\">Registration: Needed. Please register from <a href=\"https:\/\/ppforum.jp\/?action_entry=true&amp;forum_id=467\">here<\/a><\/span><\/p>\n<p>Abstract:<br \/>\nWhat governments own is just as important as what they owe. Yet most fiscal policy is focused on debt and deficits, with little information on public assets or non-debt liabilities.\u00a0 These assets are both large and consequential, explaining sovereign yields and the degree of economic resilience, and if managed better have the potential to boost revenues considerably.<\/p>\n<p><a href=\"https:\/\/www.imf.org\/en\/Publications\/FM\/Issues\/2018\/10\/04\/fiscal-monitor-october-2018\">The 2018 Fiscal Monitor<\/a> presents for the first time public sector balance sheets across a broad range of countries. These include public corporations, reflecting their importance to fiscal policy and as a source of fiscal risk.\u00a0 The Monitor presents a framework for analyzing balance sheets, showing how the US would cope with another major crisis, what an investment surge means for Indonesia\u2019s public wealth, and how Norway\u2019s massive assets stack up against age-related spending pressures. Drawing on examples such as Australia, NZ and the UK, the Monitor shows how countries can begin to measure, assess and manage their public wealth to improve fiscal, social and economic outcomes.<\/p>\n<p>Speaker&#8217;s biography:<br \/>\nJason Harris is deputy division chief of the Public Financial Management division in the Fiscal Affairs Department. His research focusses on macroeconomic and fiscal policy, and he has developed the IMF\u2019s Fiscal Transparency Code, Public Sector Balance Sheet assessments and Fiscal Stress Tests.\u00a0 Prior to joining the fund in 2010, he spent a decade at the Australian Treasury in various roles &#8211; as a macroeconomist, the manager for the Commonwealth Budget process and as an advisor to the Prime Minister.\u00a0 He also spent three years as a macro-fiscal advisor for the Papua New Guinean Treasury.<\/p>\n<p>Inquiry: graspp_eventinfo[at]pp.u-tokyo.ac.jp<\/p>","protected":false},"excerpt":{"rendered":"<p>Report GraSPP Research Seminar Series \u201cManaging Public Wealth\uff08analytical chapter from \u201cThe 2018 Fiscal Monitor [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[308],"coauthors":[],"class_list":["post-57705","post","type-post","status-publish","format-standard","hentry","category-events","tag-graspp-research-seminar"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts\/57705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/comments?post=57705"}],"version-history":[{"count":0,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts\/57705\/revisions"}],"wp:attachment":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/media?parent=57705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/categories?post=57705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/tags?post=57705"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/coauthors?post=57705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}