The World Bank will hold a free symposium on innovation and development in East Asia on Jan. 16.

The symposium, titled "Innovative East Asia: The Future of Growth," will be held at the Palace Hotel and World Bank Tokyo Office, both in Tokyo's Chiyoda Ward.

A World Bank research study of the same title will be released at the meeting.

The bank suggests in its study that it is imperative for East Asia to implement institutional reforms while amplifying its capacity for technological innovation if it is to regain economic power.

James D. Wolfensohn, president of World Bank, and Haruhiko Kuroda, vice finance minister for international affairs, will address the study in their keynote speeches.

The plenary session, offered with simultaneous interpretation in English and Japanese, will be held in the Palace Hotel's Rose Room between 9 a.m. and 11:30 a.m. The specialized workshop, to be conducted in English only, will be held at the World Bank Tokyo Office between 1 p.m. and 4:30 p.m.

For registration and more information, telephone the World Bank Tokyo Office at (03) 3597-6650, or register on the Internet at www.worldbank.or.jp/02event/01seminar/seminar--top.html