BEGIN:VCALENDAR VERSION:2.0 PRODID:-//https://www.pecc.org///NONSGML kigkonsult.se iCalcreator 2.10.15// METHOD:PUBLISH BEGIN:VEVENT UID:20260426T223855UTC-7605fFpEuA@https://www.pecc.org/ DTSTAMP:20260426T223855Z DESCRIPTION:The 26th Pacific Economic Community Seminar Examining the Mid- and Long-Term Structural Unemployment in Asia-Pacific\nDate: 13th -14th Oc tober 2011Venue: Imperial Hotel Taipei\nIntroductionThe global financial c risis spanned from 2008 to 2009 had serious impacts not only on economic d evelopment but also on labour markets of the Asia-Pacific region. Unemploy ment became one major economic issue during the financial crisis and its i mpacts remain in the post-crisis era. The global GDP growth dropped tremen dously in 2008\, went down further in the first quarter of 2009\, and star ted to recover since the second half of 2009. However\, some global foreca sts warn that unemployment rates in most economies will remain high and ha ve great influence on economic security even after the economy started rec overing. Therefore\, to accelerate the sluggish recovery of job markets is essential for making healthy economic revival as well as maintaining soci al stability today.Unemployment as a lagging economic indicator is outperf ormed by leading indicators in most Asia-Pacific economies\, and has becom e a problem facing many decision makers in the region. In economic theory\ , unemployment can be classified into frictional\, cyclical\, structural\, and classical types. The natural rate of unemployment is considered as su m of rates of frictional\, structural\, and classical unemployment. The cy clical unemployment rate is supposed to be zero when the economy is in ful l recovery or in a boom. However\, in many Asia-Pacific economies\, curren t unemployment rates are still much higher than the pre-crisis level despi te a strong GDP upturn\, which implies that the unemployment problem is no longer cyclical but structure-related.Unemployment is not only a critical economic phenomenon but also an extremely urgent issue in social safety n ets policy making. Firstly\, increasing unemployment\, according to Okun’s Law\, may result in declining production. Secondly\, high unemployment me ans fewer job opportunities\, less income\, lower consumption\, and worse living conditions. Thirdly\, structural unemployed labourers are more diff icult to be absorbed in existing labour markets\, and this long-term unemp loyment trend may form a vicious circle where social problems further unde rmine economic dynamics. That is\, poverty\, uneven income distribution\, family dissolution\, high suicide and crime rate could add to fiscal burde n of social welfare expenditure and meanwhile hamper economic development. Furthermore\, in the Asia Pacific region\, structural unemployment is an evident phenomenon undermining socioeconomic inclusiveness considering tha t structural unemployment has greater impacts on vulnerable groups\, such as women and unskilled workers. High structural unemployment implies that economic growth in the post-crisis era is constrained in promoting quality of living\, and implementing effective policies taking both economic and social perspectives into account has already become governments’ challenge and responsibility. Failing to do so would the profound socioeconomic imp acts of structural unemployment issue worsen social divergence and eventua lly lead to political instability. To address and study causes and impacts of structural unemployment on the Asia Pacific region in the post-crisis era\, Chinese Taipei Pacific Economic Cooperation Committee (CTPECC) propo ses this international project: “Examining the Mid- and Long-Term Structur al Unemployment in Asia-Pacific”. The 26th Pacific Economic Community semi nar is held to a) thoroughly examine the structural unemployment issues\, phenomena and relevant impacts\, b) analyze and explore factors that have caused structural unemployment\, and c) identify potential solutions to th e problem of structural unemployment in particular economy or the region. \nProgram\n\n\n\n\nThursday\, 13th October 2011\n\n\n\n\n1400 – 1600\n\n\n Session I\nSession Chair:\n\nDr. David S. Hong\, President\, Taiwan Instit ute of Economic Research\; Vice Chair\, CTPECC\n\nSpeaker\n\nDr. Sherry Ko ng\, Australian National University\n\nDiscussant:\n\nDr. James P Vere\, U niversity of Hong Kong\n\nSpeaker:\n\nDr. Chen Bo\, Shanghai University of Finance and Economics\n\nDiscussant:\n\nDr. Shankaran Nambiar\, Malaysian Institute of Economic Research\n\n \;\nFloor Discussion (Q &\; A) \nCoffee Break\n\n\n\n\n1620 – 1820 \n\n\nSession I\nSession Chair: \n\nDr . Sheng-Cheng Hu\, Academician\, Academia Sinica\n\nSpeaker: \n\nProf. Nao ki Mitani\, Kobe University\, Japan\n\nDiscussant: \n\nDr. Ke-Jeng Lan\, N ational Chung Cheng University\n\nSpeaker: \n\nProf. Robert Dekle\, Univer sity of Sothern California\n\nDiscussant: \n\nDr. Hui Weng Tat\, National University of Singapore\n\n \;\nFloor Discussion (Q &\; A)\n \; \nWelcome Dinner at 6:30 pm or APEC 20th Anniversary Dinner\n\n\n\n\nFrida y\, 14th October 2011\n\n\n\n\n1000 – 1200\n\n\nSession III\nSession Chair : \n\nDr. Mignonne Chan\, Executive Director\, Chinese Taipei APEC Study C enter\n\nSpeaker: \n\nDr. Shankaran Nambiar\, Malaysian Institute of Econo mic Research\n\nDiscussant: \n\nProf. Naoki Mitani\, Kobe University\n\nSp eaker: \n\nDr. Ke-Jeng Lan\, National Chung Cheng University\n\nDiscussant : \n\nProf. Robert Dekle\, University of Southern California\n\n \;\nF loor Discussion (Q &\; A)\n \;\nLunch\n\n\n\n\n1400 –1700\n\n\nSess ion IV\nSession Chair: \n\nDr. Darson Chiu\, Director General\, CTPECC\n\n Speaker: \n\nDr. James P Vere\, University of Hong Kong\n\nDiscussant: \n \nDr. Chen Bo\, Shanghai University of Finance and Economics\n\nSpeaker:\n \nDr. Hui Weng Tat\, National University of Singapore\n\nDiscussant: \n\nD r. Sherry Kong\, Australian National University\n\nFloor Discussion (Q &am p\; A)\n\n\n\n https://www.pecc.org/event-calendar/past-events/event/219-c tpecc-the-26th-pacific-economic-community-seminar DTSTART:20111013T000000Z DTEND:20111014T000000Z LOCATION:Chinese Taipei\, Taipei () SUMMARY:CTPECC: The 26th Pacific Economic Community Seminar URL:https://www.pecc.org/event-calendar/past-events/event/219-ctpecc-the-26 th-pacific-economic-community-seminar END:VEVENT END:VCALENDAR