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Call for Papers: Fifth Annual Bank Negara Malaysia Economics Research Workshop "Macroeconomic Prospects in the Digital Economy" - 20th November 2017, Kuala Lumpur, Malaysia

Release Date: 14 Jul 2017

INTRODUCTION

Bank Negara Malaysia is pleased to announce the 5th Annual Bank Negara Malaysia Economics Research Workshop, to be held on 20 November 2017 at Sasana Kijang, Kuala Lumpur. This event aims to bring together researchers and policymakers to discuss economic and financial market issues faced by the regional economies. The organising committee would like to invite researchers from academia, think-tanks, regional institutions and SEACEN member central banks to participate as paper presenters on theoretical and empirical topics that are of relevance to the workshop's theme.

The objectives of this workshop are to:

  • Foster greater cooperation among the institutions through an exchange of ideas and sharing of country specific experiences;
  • Identify policy strategies to address prevailing and emerging challenges, and;
  • Enhance regional cooperation to address common issues.

DESCRIPTION OF THE WORKSHOP THEME

The theme for this year's Workshop is "Macroeconomic Prospects in the Digital Economy". The current phase of industrialisation is seeing the adoption of digital technologies by firms and consumers alike. For companies, 3D printing and robotics are improving productivity in manufacturing, while data analytics made possible by access to large data volumes and computational power facilitate identification of market preferences to fine-tune product offerings. Meanwhile, improved connectivity is allowing consumers to benefit from better price transparency and convenience in purchasing goods and services. This trend will have profound effects on macroeconomic prospects and the labour market. Digitisation and automation increases productivity and wages of skilled workers, but also displace labour in tasks made redundant by these changes. Meanwhile, traditional brick and mortar models of retail are being challenged by lower cost and more efficient online platforms. This creative destruction effect of digitisation bodes well for longer-run growth prospects at the cost of a potentially disruptive short-run adjustment.

This workshop aims to explore issues and the role of government pertaining to growth prospects, labour market dynamics and broader social welfare implications in the context of this modernizing economic landscape. Some possible topics include:

  • The impact of digitisation on productivity and potential output
  • Factors affecting the pace and extent of adoption of digital technologies
  • Direct and indirect effects of the sharing economy
  • Distributional and welfare implications of the digital economy
  • The impact of digitisation on manufacturing
  • The effects of digitisation on inflation dynamics and implications for monetary policy

DATE & VENUE

Date

20 November 2017 (Monday)

Venue

Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia

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INFORMATION FOR AUTHORS

Important dates:

Submission of abstract

By 30 August 2017

Notification of acceptance

By 15 September 2017

Submission of final paper

By 3 November 2017

Workshop

20th November 2017

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Guidelines for submission of papers:

  • The cover page should contain the title, authors' names, affiliations, telephone numbers and email addresses.
  • The abstract and manuscript should be written in Arial font, font size 12 and 1.5 spacing.
  • The abstract should be limited to 250 words; manuscripts should not exceed 30 pages.
  • Illustrations, figures and tables should be numbered in Arabic numerals, accompanied by titles and sources.
  • All submissions are to be emailed to Lim Ming Han (Justin) (limminghan@bnm.gov.my) and Tng Boon Hwa (boonhwa@bnm.gov.my).

TRAVEL FUNDING & ACCOMMODATION FOR PAPER PRESENTERS

Accommodation will be provided, complimentary of Bank Negara Malaysia at Lanai Kijang. Travel funding will be provided for paper presenters from abroad and other states in Malaysia. All papers presented will be published in the form of proceedings and posted online at Bank Negara Malaysia's website.

ENQUIRIES & FURTHER INFORMATION

All enquiries about the Workshop should be directed to:

Contact person : Lim Ming Han (Justin) / Tng Boon Hwa
Email                 : limminghan@bnm.gov.my / boonhwa@bnm.gov.my
Telephone         : (603)-2698 8287 (ext. 8287 / 8767)

© Bank Negara Malaysia, 2017. All rights reserved.