Pacific Conference on Finance and Investment: “Reconciling Governance Systems and Deepening the Financial Sector in Market Economies”

Spotted in the Fiji Sun yesterday: Fiji National University is running a conference on finance and investment with the theme of “Reconciling Governance Systems and Deepening the Financial Sector in Market Economies”.

According to the draft programme on the FNU web site, on Day 1 the conference will be opened by Fiji’s Prime Minister Voreqe Bainimarama – to be confirmed –  and Day 2 will be opened by Fiji’s number 2 in command, Attorney General Aiyaz Saiyad Khaiyum whose multi-ministry mandate includes the post of Minister for Trade and Commerce.

A packed Day 1 begins with a plenary session on the mining sector in Australia and China with lessons for Fiji, followed by a session on global auditing standards, three paper sessions running in parallel, on 1) investment and financial development, 2) audit and accounting, as well as 3) culture, gender and health; and two plenary sessions follow on investment in Fiji, and investment trends in a global economy.  The day finishes with two paper sessions running in parallel on miscellaneous issues and a notable session on the role of financial institutions in growth attended by the chief executives of the five major banks operating in Fiji including of ANZ, BSP and Westpac.

An almost equally packed Day 2 begins with plenary sessions on competition policy and the implications of demographic change for growth in the Pacific region; followed by three paper sessions running in parallel, two of which are on unfair trading practice and mediation, and one focuses on price regulations in Fiji.  After lunch two plenary sessions follow on growth opportunities from economic integration between PICs from USP former head of economics Biman Prasad, and monetary policy transmission. Following these sessions are two parallel paper sessions themed mainly on regulation of pricing and on trading fairness issues.

Day 3 contains four plenary sessions on the vulnerability and resilience of small states given by the rather eminent Professor Lino Briguglio who was, among many other things, a lead author for the Intergovernmental Panel on Climate Change Third and Fourth Assessment reports, the potential of ICT, mobile money and on ICT security.   The conference finishes with a panel session on ICT security and a tour of the FNU campus.

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