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Global Central Banks Optimal Monetary Policy Trilemma ( Inflation asset bubble, Capital Market, Currency) solution  full day Strategic Workshop
by  OSA pioneer Dr. Warren Huang

Optimal Proactive, Structural US Fed /China/Global  Monetary Policy, achieving sustainable GDP and Capital Market Growth, and price stability without  Inflation,  Asset Prices bubble OSA( Operations Simulation Analysis ) Performance Guidance and Control:
 
Proactive Structural Dynamic Simulation of US Fed Optimal Monetary ,Economic, Fiscal Policy Impact on Inflation, unemployment, GDP, Assets (Stocks, Bond, Housing, Commodity) Prices Bubbles Identification, inflation, deflation, burst, recovery, early warning , performance guidance and Control in  achieving optimal growth and price stability  中文 (Chinese)
 The What, Why, How and  timing  in  central banking Optimal Predictive Monetary Policy: Integrated Macro economic Control, imbalance, Systemic Risks, Impact on  20 industrial sectors demand, supply, prices   and Capital markets Asset Prices market forces mechanism and Stress Testing Early Warning System achieve Sustainable Growth and Prices Stability
Dr. Warren Huang, pioneer of proactive monetary policy presented to China Peoples bank governor sponsored Asian central bank governors, US Fed Chicago, Ohio governor, ECB, UK, Taiwan  24 global central bank governors policy and risks management conferences  
 
 OSA founder Dr. Warren Huang CV Picture of  Dr. Warren Huang speaking,   pioneering experiences in development, implementation of  innovative financial engineering theory of two master hands controlling global macro economic control, growth, prices stability  and daily financial capital market assets ( stocks, bond, housing, commodities)  prices:  Thousand proactive structural dynamic simulation forecasts month, years  ahead  of  macroeconomic  control, monetary economic, fiscal, WTO policy impact on last 20 years  China/global GDP, employment, inflation and   daily capital markets interest rates, currency, bond, commodity,  industrial sectors  demand, prices,  stock prices  market forces mechanism forecast supporting US, China, Taiwan, Asian  government, banking, finance, multinational, state and  medium, small enterprises  reform, venture capital investment banking, tracking the causes, onset, recovery, early warning for  global financial, currency, asset bubbles burst crisis, Basel II credit, market., operations risks  management early warning. with correlation constant over 0.95, average error below 1.5 %, He has been invited to speak to US Washington area finance conference on global financial, banking crisis, ECB post Euro integration, China, Asian 24 global central bank governors, financial risks management, oil, financial futures, derivatives conferences.
Dr. Huang predicted Nov 2005, Beijin   China Oil Market conference to Phillips Petroleum CEO, Aramco, Exxon Mobil, HSBC  VP,and this website that soaring US, business, consumer demand will push  oil, metal prices to new high and  credit tightening rate hikes extend into summer, 2006 Fed fund rate to 5.5 %, global economy facing inflationary slowdown, stocks, bond market follow US for 20 % correction  repeating 2004 , give up 2005-2006 gain ,oil  prices will be soared to new high ( oil to 80, gold rebound to 550-750) in July peak summer demand season with soaring inflation and weakening dollar  despite recent setback in concern about economic slowdown
He predicted to Dec 13, 2006 National Taiwan University International Finance conference, QFII CEO, Journal of Finance editor, academics that oil prices will rebound from 54 to 69 in summer 2007, inflation will be up to 3.0 % , 10  yr bond yield to 5.2 %,
Fed start raise rate to above 5.5 % this summer, lead to inflationary slowdown, and US and global stock market correction

US/global  neutral  interest rate / inflation targeting will all fail to achieve sustainable growth and prices stability due to  current US/global monetary policy, macroeconomic control policy still based on 30 year old US Friedman monetary economics theory using feedback control, based on lagging distorted  core inflation( exclude food and energy) , GDP, employment data to set fund rate, interest rates  fail to predict  its its impact on currency, stock, commodities, housing, asset  market prices and its impact on CPI and core inflation". resulted  excessive money supply growth , consumer, business demand, 53  trillion equities and housing wealth effect speculation overheating ahead of asset bubble and in CPI inflation. leading to doing too little, too late in fighting soaring oil prices and its downstream 5000 products asset prices bubbles and inflation, after 16 measured rate hikes.
Innovative  proactive FRB monetary policy, rate hikes impact  Economy/Capital Markets Asset Prices, Bubble Simulation, early warning and sustainable profit, market shares growth strategy.
 
Global Central banking Optimal  monetary policy Trilemma Solution:
Proactive Structural Economics Systems and Capital Markets impact simulation workshops   

Goal ::
Proactive monetary policy for sustainable growth and inflation, exchange rates,  financial market asset prices stability without asset price bubbles

Mission:

Applying our 30 year experiences in  proactive year, month  ahead strategic monetary policy impact Operations Simulation Analysis (OSA) for 40 countries tracking, forecasts accurately the root causes, onset, spread, recovery , early warning of last 25 years global  financial, currency, energy, recession, asset bubble burst crisis feed-forward control to prevention overshooting, delay action , uneven economic development resulted asset bubbles overheating and trillion dollar market loss and NPL loan.
implement, recommend on your current policy impact on growth and prices stability OSA  

Operations Management and Performance Guidance, Predictive Control
Lecturer: Dr. Warren Huang, pioneer of monetary policy impact OSA will direct your goal, mission, performance oriented strategic and execution OSA teams in the workshops to develop, implement your own policy impact OSA, tracking results have been presented to 24 US, China, Taiwan, ECB, Asian central banks governors conferences 1998-2003 and www.osawh.com website visited by million global central banks, banking, finance, corporate executives, academics researchers

Scopes: Monetary, Economic, Fiscal  Policy Impact Simulation on:
Why we have uneven economic development in regional, industries, How to use industrial finance simulation to avoid it
Macro economics :GDP, inflation, consumer, business spending, unemployment
Financial Economics/ financial market prices: interest rates, currency, stock indices
Industrial asset demand /prices:  Housing, oil/ commodity prices, 20 industrial sector demand, products prices, bubble early warning.
Trade Economics: export/import/trade surplus/deficit, currency, competitive pricing market shares.
Optimal monetary policy control  for sustainable growth and prices stability
Who should attend: central banks chairman, regional governors, macro/financial/ industrial/trade economic research, executives and banking, securities, insurance regulation executives, banking, securities companies CEO, CFO, investment bankers, money managers, economic policy planner, SOE, medium enterprises CEO, CFO, board members, auditing committee. 
Reservation Form: wh3928@yahoo.com/  osawhh@sina.com  one month ahead of your date
Location: Your office

Proactive US Fed  monetary policy strategy for innovative  rate hikes impact on  economy/capital Markets Asset Prices, Bubble Simulation, early warning and sustainable profit, market shares growth strategy.
  Dr. Warren Huang predicted  to Asian Business Forum's Beijin workshop to  ExxonMobil, ARAMCO , Merril Lynch, HSBC, VP, Phillips Petroleum CEO, 100 multinational oil, banking CEO, executives in Beijin Feb and  Nov. 2005, that Green and Bernanke under estimate wealth effect resulted asst bubbles impact on oil prices and  inflation and  oil prices will be soar to 69 in summer 2005, metal prices to new high in January 2006 and oil prices will hit 80 in summer 2006,  US, CPI to 4.3 % in summer   will raise  rates throughout  summer 2006.,  Fed fund rate will go to 5.5 %  , China raised lending rate Apr. 28 to 5.85 %   gasoline futures will  to 265, stocks,, bond facing correction  give up all2005- 2006 gain ahead. Dow Jones, 10000- 11200, Nasdaq 2000- 2220, S&P 1150-1290
Greenspan agree with Dr. Warren Huang that RMB revaluation and US raise import tarrif by 27 % will not help manufacturing cut trade deficit and jobs.  

OSA China 2007 macroeconomic forecast:
Soaring oil prices, housing and stock prices  (wealth effect, domestic demand, booming export  in the first quarter 2007 pushed China money supply over 17 %  GDP growth 11.7 %, inflation up 3.4 %   interbank  rate 1.60 is too low, must be back to 3 % in tightening the  credit to cool off the business demand
 As China raised rate several times and raise deposit ratio from 7.5 to 11 %  supported by  housing  industry economic control two master hands, still fail to contain the housing and stock market bubbles (up 30 %). due to excessive capital generated by housing, equities wealth
Dr. Huang, energy forecast specialist accurately predicted Feb 22 , Nov 2005 in Beijin Asian Business Forum 70 global banking, finance, oil companies , QFII CEO,( Merril Lynch , HSBC VP, Phillips Petroleum CEO and QFII, oil, executives that US facing inflationary slowdown and rate hikes  continue into  summer, 2006  as oil prices soared from 45  to 69 ,  Dow Jones, 10000- 11350, Nasdaq 2000- 2350, S&P 1150-1350 
He predicted again in Beijing Nov 18 to Asian Business Forum China Oil Markets conference to Exxon Mobil, ARAMCO, VP , Phillips Petroleum CEO, 30  oil companies CEO, executives that increasing oils , downstream demand driving oil prices to 64 around Christmas and 69 in January , metals prices to new high. plunging US dollar, stock, bond. and to 78 in summer 2006. 2007
While Dr. Warren Huang's 35 years development, implementation of thousands proactive structural dynamic global monetary, macroeconomic, asset prices simulators have been able to tracking, simulate forecast months, years ahead of last 25 years misguided policy resulted 1980, 1990, 2000, 2005 soaring oil prices, energy energy crisis , stock, commodity, housing asset bubbles, run away inflation, 2000 asset bubble and European, Asian, Russia, S. America currency crisis, results have been presented to 21 US, EURO, China, Asian central banks monetary policy for sustainable growth and prices stability and global financial crisis risk management conferences and his websire www.osawh.com  (visited by 82 countries central banks, banking, finance, enterprises, universities since 1998.
While Dr. Warren Huang's 35 years development, implementation of thousands proactive structural dynamic global monetary, macroeconomic, asset prices simulators have been able to tracking, simulate forecast months, years ahead of last 25 years misguided policy resulted 1980, 1990, 2000, 2005 soaring oil prices, energy energy crisis , stock, commodity, housing asset bubbles, run away inflation, 2000 asset bubble and European, Asian, Russia, S. America currency crisis, results have been presented to 21 US, EURO, China, Asian central banks monetary policy for sustainable growth and prices stability and global financial crisis risk management conferences and his websire www.osawh.com  (visited by 82 countries central banks, banking, finance, enterprises, universities since 1998.
He predicted  in 2003 that US facing housing and construction materials asset bubble deflation/burst again with 4 % inflation, due to excessive rates tax cuts,  rate cuts, money supply growth resulted excessive consumer,  business demand, stock market and housing markets speculation resulted bubble and 50 trillion dollar wealth effect , despite Greenspan 13 rate hikes and overoptimistic on inflationary and oil prices outlook using lagging, distorted  " core inflation "  following same mistakes in the last 20 years boom and bust.  GDP growth can no longer sustainable in current overheated bubble. Fed maintaining inflation is contained and oil prices will drop in the past 13 rate  hikes, encouraging housing and stock market wealth effect resulted speculation.  Housing mortgage bond yield are below 6 %, too low to cut demand and asset bubble. pushing oils and construction materials, metal to new high in winter heating oil demand peak due to cold weather demand and soaring US trade deficit to 68.9 billion, drag US dollar predicted by Dr. Dr. Huang Nov 18, 2005 in Beijijn China Oil Market Conference  to ExxonMobil, ARAMCO, Phillips Petroleum CEO, VP    eaker, Dr. Warren Huang, Pioneer, Global leader, scholar in Global Strategic Management
reserve by osawhh@citiz.net      wh3928@yahoo.com

 Global Central Bankers Role and Challenges:

Global central banks play key roles in providing prudent monetary policy to provide sustainable economic growth and asset price stability, healthy financial markets trading operations.
Global financial markets are financing the economic growth, banking industry is directly or indirectly linked to the financial markets operations,
Missing links in global central banks monetary policy decisions: Fail to Predict monetary policy impact on global capital market asset prices, resulted asset bubble burst, financial crisis
Due to lacks of reliable predictive proactive monetary, economic, fiscal, policy, WTO impact on global economics ( macro, financial, industrial, trade )systems, business process and technology simulation, forecasts, and integration,
global central banks monetary policy reactive decisions are based decisions using one to 3 month old economic, business data, fail to predict the plunging dollar, excess rate, tax cuts resulted run away oil, commodity prices and inflation and credit tightening, cool off the inflation ahead

These integrated global economics, business process, technology systems simulation , optimal control
Simulation/forecast of the Causes, Onset , Spread and Recovery , Early Warning of Global Financial Currency, Energy Crisis, Asset Bubbles Bursts runaway inflation. achieve growth and prices stability control
Tracking a, forecasts global macro, financial, industrial, trade economics systems and it's impact on global banking, finance, corporate business process ( investment, marketing, supply chain, job creation) all Crisis since 1980, 1990 energy crisis, 1987 stock crash, 1992 European, , 1995 Mexico, 1994-96 China runaway inflation, soft landing, 1997- 98 Asian, Russia, Brazil  currency crisis and 2000 US high tech bubble burst and current asset bubble burst have been caused by excessive money supply due to excessive tax, rate cuts resulted wealth effect, consumer and corporate, government spending (debt)( use stocks as  collateral ) leading to skyrocketing properties, stocks, prices and labor costs,  mounting trade and current account deficit, led to currency plunge by global players currency speculative attacks, shocks in oils, commodities high tech stock  prices and financial markets plunge  in  trillions dollars stocks loss resulted nonperformance loan (margin call and collaterate ) OTC financial derivatives excessive leverage LTCM billions dollar loses due to poor monetary policy, financial markets investment,   credit risk decisions
 
Structural, Dynamics simulation of Monetary, economic, fiscal policy impact on global macro economic, business cycles, inflation, asset prices, bubbles  predicted 1- 3 month ahead :achieving growth and prices stability control
Dr. Huang two master hands  accurately predicted one to three months ahead  the causes, onset, of global high tech bubble burst, spread, recovery of  2000- 2003
Monetary Policy for Sustainable Growth and  prices stability predictive  control : OSA global Asset Price Bubble Burst Simulation

Bottomup  deterministic, dynamic tracking simulation models of last 1980, 1987, 1990, 1997, 2001 US, Japan, China, Taiwan, Hong Kong, Korea, ASEAN, Russia, South America, European stocks, properties prices wealth effect  impact on consumer and business spending, macro economics GDP performances , to predict, forecast overpriced asset, stocks prices resulted wealth effect on  consumers spending imbalance and rate hike, tight money to curb the inflation impact on consumer spending, business profit slump, leading to bubble burst and abrupt change in consumer and business confidence caused stock prices plunges with average error below 1.5 %, correlation constant above 0.95. These deterministic, dynamic simulation of last 20 years global asset prices, and economy boom and bust of the asset bubble vicious cycle of excessive monetary policy, low interest rate induced sustained long term bull markets stocks prices gain caused consumer and business spending in real estate properties pushed soaring housing prices and rent. And deficit spending (negative saving) in stock markets, pushed the stock s even higher, until abrupt reverse of consumer and investor confidence --the bubble burst- plunge of stocks (recent internet and biotech) and properties prices as it happened in US, Japan, Taiwan in 1980, 1987, 1990, energy crisis, EURO 1992 currency crisis, 1994 China runaway inflation, 1995 Mexico crisis, 1997-98 ASEAN, Japan, Korea, Russia, Brazil currency crisis, 2000 high tech bubble burst and current housing bubble all caused by overpriced stock prices due to excess monetary policy and high GDP growth
1. Monetary Policy, oil prices impact on inflation, 20 old and new economy  sectors demand, prices corporate earning and global stock prices, housing properties prices  bubble bursts,:
2. Global stock prices and monetary policy impact on wealth effect  consumer and business spending.
3. Global stock prices, wealth effect , monetary policy impact on housing properties prices, rent
4. Global stock prices, wealth effect ,monetary policy impact on GDP macro-economics performance.
5. Global stock prices, monetary policy impact on procurement manager index
6. Global stock prices, wealth effect , monetary policy impact on FDI capital flow , import/export trade economics

William FRB/US and FRB/Global model provide on Monetary policy impact on US and global macro economy and financial markets However, the following OSA approach rigorous equations have been tracking successfully 100 IMF members countries central banker monetary policy impact on the macro-economy :

Inflation rate is closely related to consumer spending, money supply growth, commodity, oil prices, currency exchange rate which is no longer reflect the asset bubble prices overheat and burst in Japan 1990 and US in 2002 warned by Dr. Huang in global central banks governors conference.
GNP is related to monetary policy, consumer spending and export growth 
Property prices and wealth effect are related to monetary policy and stock prices gain 
NAPM ( National Purchaser Managers Index are related to consumer spending, monetary policy policy and stock prices gain
Business, consumer spending are sensitive to monetary policy, capital market asset prices gain, and currency
Stock indices = F( money supply growth,, Interest rate,  exchange rate)
OSA for  current Global economy: Dr. Huang warned on Asian Business Forum Asset Backed Securitization  that US , China , ASEAN, Korea Australia, UK housing, auto overheated facing bubble burst. risks Oct. 2002.and again Nov. 2003
Singapore, Shanghai on Asian, China Capital market conference.
Wealth Effect = F( money supply, consumer, business spending, interest rate, currency, stock index, housing prices)
Global economy facing uneven development due to excessive money supply growth (US follow Japan misguided  1990  misguided by the supply side economy, money supply growth equals to GDP and inflation, rates , tax cuts, fiscal stimulus ( both at low inflation rate )resulted overheated housing, auto demand and soaring housing, commodities prices in US, China, Korea, Australia, Canada, UK, Spain, while the rest of the manufacturing still facing deflation pressure, US housing loan plunged to one year low as mortgage rate rebound 1 %Freddie Mac scandal in the housing bubble and China housing, banking, auto stocks plunged 30-50 % due to China Peoples banks concerned on excessive loan demand (23 % increase ) led to China Peoples Bank raised capital reserve ratio from 6 % to 7 %, Shanghai A will be retest 1300-1450, Shenzhen A  2950- 3250, US rate hike in June Dow retest 9750, Nasdaq test 1780
European Economic and  Monetary Integration Operations Simulation Analysis (OSA) :UK/EURO  Russia/E. Europe 
Global Economic and Monetary Policy Interaction, integration OSA
USA     Asian   China   Hong Kong   Taiwan    Thailand   Japan  S. Korea   Singapore  Malaysia  Phillipines  Indonesia   Viet-Nan   India    Mexico   Argentina  Brazil

Daily  global currency simulation , forecasts
The need for improved Monetary Policy impact  and Financial Markets  prices simulation and credit default  risks simulation Decisions Consumer price index inflation under estimate the damages from soaring stocks and properties , asset prices bubble and labor cost due to excessive rate, tax cuts and excessive money supply resulted  housing and auto industry bubbles( despite consumer inflation rate was falling to 2 %  for Japan 1990 and US 2001 bubble bursts led both central banks raise the money supply growth and cut interest rates led asset bubble burst, led to export decline and nonperformance loan due to poor financial market risk management decision making. These unreliable equilibrium approach probabilistic VAR model based normal stable continuous data, speculation caused billion dollars loses by LTCM, global credit crunch
Real Time Dynamic simulation of Global central banks  Monetary Policy Impact on  daily money, currency, stocks, bond, commodity, financial futures and derivatives markets prices including the causes, onset, spread, recovery of  Asian, Russia, South America Financial Crisis and LTCM  hedging fund failure and current US asset prices bubble impact on the new economy growth and financial systems stability
OSA pioneer Dr. Warren Huang has offered thousands seminars, workshops, TV, radio lectures for? 30? million China, Taiwan, ASEAN, Asian, US government, central banks, banking, finance, corporate CEO, senior executive, fund managers, analysts, investors, daily growth,? price stability risks control policy, government, financial industry, Corporate reform, reengineering,? default risks supervision, regulation, prevention, global portfolio risks management, supply chain cost reduction   on the job training , decision support for internet e-commerce, e-business  applications

Global Financial Crisis, Risks Management  real option credit default risks simulation, control)..

Simulation of Monetary Policy Impact on Global Economic Growth,  Asset  Price Stability

1. Strategic China  Investment/SCM/CRM  logistics maximize WTO profits” to China supply chain, logistics conference, Northern Jiaotung Univ. School of management, Beijin,  May 18-20, 2004  www.osawh.com/Chinaerp.html

2 Global/China capital markets asset prices, bubble, financial crisis, corporate governance simulation, risk management” to Pan-Pacific business conference Shanghai  Jiaotung  Univ.School of Management,  Shanghai, May 29-30, 2003  www.osawh.com/GCaptbj.html 

3 Asian capital markets asset prices, bubble simulation, risk management” presented to Asian Business Forum sponsored  ABS securitization conference, Kuala Lumpur Sept 30. 2002, for global central banks, banking, securities, stock exchange investment  banking asset allocation,  

4 Asian  banking, financial crisis, global recession recovery impact on ABS prices,  risk management” to Asian Business Forum   ABS securitization conference, Kuala Lumpur Sept 30-Oct. 1 2002, for global central banks, banking, securities, stock exchange investment  banking
5 Strategic European and Asian hedging fund risk management” presented to Int’l Business Conference,  London, July 11-13, 2002 

6  Global/China capital markets asset prices, bubble, corporate governance simulation, risk management” to Global corporate governance conference, Peking Guanhua School of Management, Peking University, Beijing, May 28-29, 2002  www.osawh.com/GCaptbj.html 
7 Strategic China oils upstream/downstream ERP/SCM/CRM maximize WTO profits” 2- full day workshop offered  to Chinese Petroleum investment, planning managers at Taipei Horward Plaza Hotel, Jan 21-22, 2002 www.osawh.com/Chinaerp.html 
8 Strategic China oils upstream/downstream ERP/SCM/CRM maximize WTO profits” full day workshop offered to IBC (Int’l Business Conference) Asia to Exxon, CNOOC, China, Asian oil, gas, Singapore Development bank VP, executives ,Beijing, Nov. 29-30, 2001 

9 Strategic cross strait China investment/merger  return and risks in post WTO ” lectured to IBC (Int’l Business Conference) Asia to Exxon, CNOOC, China, Asian oil, gas, Singapore Development bank VP, executives at Beijin Kerry Center Hotel, Nov. 29-30, 2001

11  Strategic integrated supply demand chain for oil/chemical industry ”, offered keynote speech to IBC (Int’l Business Conference) Asia to Exxon, BP, Shell, Thailand Petroleum, petrochemicals, Chevron, Texaco, VP, trade managers, IT software VP, Apr 26-27, 2001, Singapore

12. Strategic integrated supply demand chain TQM saves billion dollar SCM cost for oil/chemical industry ”, offered full day workshop to IBC (Int’l Business Conference) Asia to Exxon, BP, Shell, Thailand Petroleum, petrochemicals, Chevron, Texaco, VP, trade managers, Apr 26-27, 2001,   
13. Monetary policy impact on Financial , Banking crisis, risk management “ presented to, Academic of Finance , US FED Chicago governors, Mar. 7, 2001 Chicago and 50 aniversary meeting of Midwest Finance meeting , US Fed Cleveland governor,  Mar.,2001 Cleveland, Ohio

13  Monetary policy impact on Financial market prices ,e-global currency, e-Investing Strategy and e-Risk management”, presented to Global  Finance conference Apr 4-7, 2001,  Los Angeles

14.. " Monetary Policy impact on Asian  financial crisis, recovery and risk management" presented to 9 th  Asian Pacific finance conference, Bangkok, Thailand, July24, 2001 presented to  Thailand Prime minister, Asian central bank governors, banking, finance CEO, CFO, academics.

15. " Monetary Policy impact global financial crisis, recovery" speak to Thai prime minister, ASEAN, Taiwan central banks governors

7 th  Pacific economic and finance conference , Bangkok, Thailand,  June 1, 2000, banking, finance CEO, CFO, academics

16. Monetary Policy Impact on Global Financial Banking Crisis and Risk management’, Invited by NASD, American Futures Association, George Mason , George Washington Univ sponsored Washington Area Finance research Conference, Apr. 30, 1999 

16 “Asian Financial and LTC Crisis Impact on Post EURO financial and banking integration performance, strategy” speak to J P Morgan, ECB  and University of Rome  on Post EURO  finance and banking integration strategy  conference in Rome Italy, Nov. 24-25, 1998

17 “Asian/Global Financial , Banking Crisis Recovery, pre-warning and Risk management” to China Peoples Bank, Monetary Authority of Macau sponsored Int'l Central Bank Governors Conference on Policy for Sustainable Growth in Macau, on May,1999 

18 Global, Financial Crisis impact on Pacific stock and financial derivatives markets and risk hedging” to Pacific Basin Finance and Economic Conference in Taipei( speak to  Taiwan Futures Association, Minister of Finance, Taiwan Central bank governors, NTU May 28-29, 1999,

19. European Finance conference on June 3, 1999  speak on  Global financial crisis impact on EURO capital markets and session chairman for risks in int'l context , invited by Prof. David Walker, Global Capital Markets Research Center Director of Georgetown Univ. to a panel on emerging markets economy and crisis on June in European finance conference in Barcelona, Spain June,1999 .

20 “ Global financial crisis impact on global government and business risk management strategy” presented to .USDA, dept. agricultural government economics research service conference on Business &Government Strategy, Capital Hilton in Washington DC June 30,1999,  speak to the joint global financial crisis session and panel discussion on Global financial crisis impact on Government and business global risk management strategy. Dr. Huang together with World Bank, IMF director, Oxford Economics president, S&P DRI, director , US Agricultural economist, Goldman and Sachs.

21  Financial Crisis Impact on US financial markets prices, risk management,”, Midwest Finance conference Mar.1999 

22. Global Financial Crisis Impact on Global Currency Multinational Performance Risk Management" Multinational Finance Toronto, July  1999 

23. “Global Financial Crisis Impact on financial markets prices, risk management “ Royal Statistical Society, UK, Warwick, UK, July, 14, 1999

24. " Monetary Policy impact global financial crisis, recovery"  and " How China avoided Asian Crisis, achieving growth and stability" speak to ICCG Global financial crisis conference, Bangkok, Thailand, Oct. 22, 1999, speak to Thai prime minister, central bank governors

24a:”Goal, Mission performance oriented OSA teams education and training” American Inst. Chemical Eng. Dallas, TX, Nov 20, 1999

25.” Monetary Policy impact global financial crisis, recovery” to  Japan APEC  Studies conference Tokyo , Japan, Dec. 15, 1999

26”:Simulation of Asian Financial and LTC Crisis Impact on Global Financial Markets prices performance” Speak to EC2 econometrics Forecast conference in Stockholm Dec19,1998 Swedish school of economics.

 27”Asian Financial crisis impact on financial derivatives prices simulation and hedging risk management”, speak to QFM 98, Computational Methods in Financial Derivatives conference, in Sydney, Australia, Dec. 16 , 1998 

28” US Gulf Publishing, Hydrocarbon Processing Advanced Control, Information Systems annual  handbook 1991-2003 
www.osawh.com/hp2001h.html  
29  Integrated global refinery, petrochemical strategic management” to INTERPEC  CHINA 91, by SINOPEC president, Oct. 1, 1991, Beijin

30 “ Economic Impact on global petrochemicals demand, trades, prices” presented to World Cong. Of Chemical Eng, Tokyo, Oct. 1, 1986

31 OSA applications in Chemical Eng. Education and Training”, presented to Third Chemical Eng. Congress, Tokyo, Sept. 1986

32 “OSA for global petrochemical marketing, sales strategy”  Am. Inst. Of Chemical Eng Diamond Jubilee Meeting, Washington DC,Oct. 1983

33”. Improve Process by OSA ,” published on Hydrocarbon Processing, May , 1980( one million copies in 78 countires)