The Participants

VIRAL ACHARYA MARTIN BARNES Professor Managing Editor, New York University The Bank Credit Analyst BCA Research SINAN ALSHABIBI Governor and Chairman PETER BARNES Central Bank of Iraq Senior Washington Correspondent Fox Business News SHUHEI AOKI General Manager for the Americas RIC BATTELLINO Bank of Japan Deputy Governor Reserve Bank of Australia JEANNINE AVERSA Economics Writer STEVEN K. BECKNER The Associated Press Correspondent Market News International BAO MINGYOU Chief Representative MAREK BELKA Representative Office for the Americas President Peoples Bank of China National Bank of Poland

ALAN D. BARKEMA RICHARD BERNER Senior Vice President and Managing Director Director of Research Morgan Stanley Federal Reserve Bank of Kansas City

501 502 The Participants NILS BERNSTEIN LU CÓRDOVA Governor Chief Executive Officer Danmarks Nationalbank Corlund Industries

ALAN BOLLARD CARLOS DA SILVA COSTA Governor Governor Reserve Bank of New Zealand Bank of

LAEL BRAINARD DAVID CUMMINGS Under Secretary of Chairman of the Board International Affairs Tradebot Systems, Inc. U.S. Department of the Treasury CHARLES DALLARA JAMES B. BULLARD Managing Director President and Chief Executive Officer Institute of International Finance Federal Reserve Bank of St. Louis PAUL DEBRUCE MARK CARNEY Chief Executive Officer Governor DeBruce Grain, Inc. Bank of Canada JOSÉ DE GREGORIO AGUSTÍN CARSTENS Governor Governor Central Bank of Chile Bank of Mexico LUCA DI LEO NORMAN CHAN Journalist Chief Executive Dow Jones Newswires Hong Kong Monetary Authority ELIZABETH A. DUKE SEWELL CHAN Governor Correspondent Board of Governors of The New York Times the Federal Reserve System

JAY COLLINS DOUGLAS W. ELMENDORF Co-Global Head, Public Sector Group Director Citigroup Congressional Budget Office The Participants 503 WILLIAM B. ENGLISH JACOB A. FRENKEL Director of Monetary Affairs Chairman Board of Governors of JPMorgan Chase International the Federal Reserve System ARDIAN FULLANI CHRISTOPHER J. ERCEG Governor Deputy Associate Director, Bank of Albania International Finance Division Board of Governors of TOM GALLAGHER the Federal Reserve System Senior Managing Director International Strategy & Investment CHARLES L. EVANS Group Inc. President and Chief Executive Officer Federal Reserve Bank of Chicago ESTHER L. GEORGE First Vice President and Chief LILY FANG Operating Officer Professor Federal Reserve Bank of Kansas City INSEAD SVEIN GJEDREM MARTIN FELDSTEIN Governor Professor of Economics Norges Bank Harvard University JOSÉ MANUEL GONZÁLEZ- PÁR AMO MARK FELSENTHAL Executive Board Member Correspondent Reuters

CAMDEN FINE AUSTAN GOOLSBEE President and Chief Executive Officer Staff Director and Chief Economist Independent Community Bankers President’s Economic Recovery of America Advisory Board The White House STANLEY FISCHER Governor TONY GRIMES Bank of Israel Director General Central Bank and Financial Services Authority of Ireland 504 The Participants MÁR GUDMUNDSSON L.H. HOOGDUIN Governor Executive Director Central Bank of Iceland Netherlands Bank

XOLILE P. GUMA R. GLENN HUBBARD Deputy Governor Dean and Russell L. Carson South African Reserve Bank Professor of Finance and Economics CRAIG S. HAKKIO Graduate School of Business, Senior Vice President and Columbia University Special Advisor on Economic Policy STEFAN INGVES Federal Reserve Bank of Kansas City Governor Sveriges Riksbank ROBIN HARDING Chief U.S. Economics Correspondent GREGORY IP Financial Times U.S. Economics Editor The Economist HENG SWEE KEAT Managing Director NEIL IRWIN Monetary Authority of Singapore National Economy Correspondent The Washington Post PHILIPP M. HILDEBRAND Chairman ROB JOHNSON Swiss National Bank Director Franklin and Eleanor JON HILSENRATH Roosevelt Institute Chief Economics Correspondent The Wall Street Journal PATRICK KAMBEWA Director of the Board THOMAS M. HOENIG Reserve Bank of Malawi President and Chief Executive Officer Federal Reserve Bank of Kansas City HENRY KAUFMAN President MICHAEL HOFMANN Henry Kaufman and Company Vice President and Chief Risk Officer Koch Industries, Inc. CHOONGSOO KIM Governor Bank of Korea The Participants 505

EDWARD S. KNOTEK JEFFREY M. LACKER Assistant Vice President President and Chief Executive Officer and Economist Federal Reserve Bank of Richmond Federal Reserve Bank of Kansas City JEAN-PIERRE LANDAU NARAYANA R. KOCHERLAKOTA Deputy Governor President and Chief Executive Officer Bank of Federal Reserve Bank of Minneapolis SCOTT LANMAN EVAN KOENIG Reporter Vice President and Bloomberg News Senior Policy Advisor Federal Reserve Bank of Dallas ANTONIO DE LECEA Minister for Economic DONALD L. KOHN and Financial Affairs Governor European Commission Board of Governors of the Federal Reserve System MICKEY D. LEVY Chief Economist GEORGE KOPITS Bank of America Chairman, Fiscal Council Republic of Hungary STEVE LIESMAN Senior Economics Reporter DINO KOS CNBC Managing Director, Equity Research ERKKI LIIKANEN Portales Partners, LLC Governor LJUBIŠA KRGOVIĆ Bank of Finland Governor LAWRENCE LINDSEY Central Bank of Montenegro President and Chief Executive Officer RANDALL S. KROSZNER The Lindsey Group Professor of Economics DENNIS P. LOCKHART University of Chicago President and Chief Executive Officer FINN E. KYDLAND Federal Reserve Bank of Atlanta Henley Professor of Economics University of California, Santa Barbara 506 The Participants MAYA MACGUINEAS MICHAEL MUSSA President Senior Fellow Committee for a Responsible Peterson Institute for Federal Budget International Economics

PHILIPPA MALMGREN PAUL F. O’BRIEN President Head of Fixed Income Strategy Canonbury Group Limited Abu Dhabi Investment Authority ATHANASIOS ORPHANIDES JOSÉ LUIS MALO DE MOLINA Governor Director General Central Bank of Cyprus Economics, Statistics and Research Bank of Spain PIER CARLO PADOAN Chief Economist GRIGORI MARCHENKO Organisation for Economic Governor Co-operation and Development National Bank of Kazakhstan FRANCO PASSACANTANDO HENRIQUE DE CAMPOS Managing Director of Central MEIRELLES Banking, Markets and Governor Payment System Central Bank of Brazil Bank of Italy

ALLAN H. MELTZER CHARLES I. PLOSSER Professor of Political Economy President and Chief Executive Officer Carnegie Mellon University Federal Reserve Bank of Philadelphia

ZHU MIN SIMON M. POTTER Special Advisor to the Executive Vice President and Managing Director Director of Economic Research International Monetary Fund Federal Reserve Bank of New York

ALBERTO G. MUSALEM GUY QUADEN Partner and Managing Director Governor Tudor Investment Corporation National Bank of The Participants 507 RAGHURAM G. RAJAN ALLEN SINAI Professor Chief Global Economist and Strategist University of Chicago Decision Economics, Inc.

DIANE M. RALEY MIROSLAV SINGER Senior Vice President and Governor Public Information Officer Czech National Bank Federal Reserve Bank of Kansas City MICHELLE A. SMITH LYNN REASER Assistant to the Board and President Division Director National Association for Board of Governors of the Business Economics Federal Reserve System

ROBERTO SALINAS-LEÓN DEJAN SOSKIC President Governor Mexico Business Forum National Bank of Serbia

HAROUTIOUN SAMUELIAN DAVID J. STOCKTON Vice Governor Director, Division of Research Central Bank of Lebanon and Statistics Board of Governors of the JEAN-PIERRE SCHODER Federal Reserve System Head of Monetary Economics and Statistics DIANE SWONK Central Bank of Luxembourg Chief Economist Mesirow Financial MARK SCHWEITZER Senior Vice President and Director JOSEF TOŠOVSKÝ of Research Chairman, Financial Stability Federal Reserve Bank of Cleveland Institute Bank for International Settlements MASAAKI SHIRAKAWA Governor JOSÉ DARÍO URIBE ESCOBAR Bank of Japan Governor Central Bank of Colombia ANDRÁS SIMOR Governor The Central Bank of Hungary 508 The Participants

JULIO VELARDE Governor Central Reserve Bank of Peru

KEVIN M. WARSH Governor Board of Governors of the Federal Reserve System

AXEL A. WEBER President Deutsche Bundesbank

MEREDITH WHITNEY Chief Executive Officer Meredith Whitney Advisory Group, LLC

JOHN C. WILLIAMS Executive Vice President and Director of Research Federal Reserve Bank of San Francisco

DURMUŞ YILMAZ Governor Central Bank of the Republic of Turkey

ROBERT B. ZOELLICK President The World Bank

PETER ZÖLLNER Executive Director Central Bank of the Republic of Austria