Date & Time: 20 December 2014 (Saturday) at 3:00 p.m.
Venue: Level 1, Symphony Suites, Jalan Raja Dr Nazrin Shah (Gopeng Road), Ipoh, Perak, Malaysia. (Latitude : 4.56192 | Longitude : 101.11214)
Registration Fee: RM30.00 per person (inclusive of tea)
Please call (Tel 05-2413742 / 016-5518172) or email to reserve your seat(s) or if you need further information.
SYNOPSIS
Financial crisis and rising inequality are two major challenges in the 21st century. The world has not yet recovered from the latest global financial crisis and may be moving to yet another one. And rising inequality is reaching historic heights in many societies. It is troubling not only the poor but also the super-rich with huge negative social, economic, political and even financial consequences.
This lecture will explain how inequality contributed to the current global financial crisis and how a current monetary policy, especially quantitative easing, is causing greater asset inflation and bubble and exacerbating even greater inequality. Some policy implications and recommendations are then explored.
SPEAKER
Dr. Lim Mah Hui is a former international banker and academician. He worked in major banks that included Chemical Bank in New York, Credit Suisse First Boston in Singapore, Deutsche Bank in Jakarta, Standard Chartered Bank in Jakarta and the Asian Development Bank in Manila.
He did research and taught at Duke University, Temple University in USA and University of Malaya.
He is currently on the Board of Director of the Penang Institute, a city councilor in Penang Island representing civil society and a consultant to South Centre, Geneva, the think tank for G-77.
He is the lead author of “Nowhere to Hide : The Great Financial Crisis and Challenges for Asia” (ISEAS, Singapore 2010).