The 6th Jeju Forum evaluated the challenges and opportunities the rise of China and the reunification of the Korean peninsula will offer. The Forum also took note of the great potential of new growth on the basis of the Asian entrepreneurship. With this background, various programs on Korea-China economic cooperation are prepared. The contents of new standard and its perspectives were reviewed. New growth potential, creative industry, new leadership, the future of education and the role of women were also addressed. Peace and common prosperity on the Korean peninsula and East Asia through the promotion of mutual understanding was discussed. The cultural exchanges and fusion in East Asia was reviewed and we evaluated how it is promoting the sense of community among the Asian peoples. Various issues of peace in East Asia such as the resolution of the North Korean nuclear problem, historical reconciliation and maritime security are among the topics. The recent natural disaster of Japan was reviewed and among the related topics are how to deal with the climate change and natural disasters.

Host: Jeju Special Self-Governing Province, International Peace Foundation, East Asia Foundation, JoongAng Ilbo 
Organizer: Jeju Peace Institute 
14:00 ~ 15:10 [4-B] Financial Regulation Reform at the G20 Process and Safety Net
G20과정의 금융규제개혁과 안전망
Crystal Hall B
PARK, Yung Chul (Distinguished Professor, Division of International Studies, Korea University)

Michael HELLBECK (Executive Vice President, Standard Chatered Korea/Standard Chartered First Bank Korea)
YOSHINO, Naoyuki (Professor, Department. of Economics, Keio University)
William H. OVERHOLT (Senior Research Fellow, Kennedy School of Government, Harvard University)
HONG, Kyttack (Professor, Economics, Chung-ang University)

박영철(고려대학교 국제학부 석좌교수)

마이클 헬벡(한국스탠다드차타드금융지주/SC제일은행 부행장)
요시노 나오유키(게이오대학교 경제학과 교수)
윌리엄 오버홀트(하버드 케네디행정대학원 선임연구원)
이장영(전 금융감독원 부원장)
홍기택(중앙대학교 경제학과 교수)

Facing global financial crisis, advanced countries as well as developing countries have sought a way of coexistence through a new international convention, the G20. As a model case of overcoming the financial crisis, South Korea successfully carried out the host role for the G20 last year. It is time to evaluate the achievements and limitations of the G20 system and to discuss a new direction for international financial order. The Korean community has to consider its future role in this new international financial order.
- What is the status of the international financial system after the financial crisis?
- Is Safety Network building a proper process as a preventive mechanism for the financial crisis?
- Can the G20 manage the imbalances of the global macro economy? What are the alternatives?

세계금융위기를 통해 선진국들 뿐만 아니라 경제적으로 새로이 등장하는 신흥국을 포함한 G20 이라는 새로운 회의체를 구성하여 각국이 공존하는 방안을 모색하여 왔습니다. 과거 금융위기 극복의 모범국으로서 한국은 지난해 G20 의장국의 역할을 잘 수행하였습니다. 이제 지난 수년간 운영되어 온 G20 체제의 현황과 발전에 대한 평가를 하고 세계금융체제 전반에 대한 방향을 모색해야 할 시점입니다. 또한 세계금융질서 내에서 한국의 미래 역할 정립 방안에 대해서도 논의하고자 합니다.
- 세계금융위기 이후 G20이 주도해 온 세계금융체제 개혁은 어떻게 논의되어 왔으며, 금융 위기 재발 방지를 위한 안전망 구축은 어떻게 진행되고 있는가?
- G20은 세계경제의 거시경제적 불균형을 관리할 수 있는가? 그렇다면 그 대안은 무엇인가?