Annual World Bank Conference on Development Economics 2006, by François Bourguignon, Boris Pleskovic, Jacques van der Gaag

By François Bourguignon, Boris Pleskovic, Jacques van der Gaag

The yearly global financial institution convention on improvement Economics is likely one of the world's best-known sequence of meetings for the presentation and dialogue of recent wisdom on improvement. The convention offers a discussion board for the world's best improvement thinkers to proportion new wisdom and ideas. In 1999, in reputation of Europe's pivotal position within the provision of improvement suggestions and so one can carry the realm Bank’s study on improvement into shut touch with ecu views, the area financial institution created a distinctively ecu platform for debate on improvement issues.

The 7th Annual international financial institution convention on improvement Economics in Europe used to be held in Amsterdam, the Netherlands, may perhaps 23–24, 2005. The convention was once coorganized through the govt. of the Netherlands and the realm financial institution. The topic of the convention was once “Securing improvement in an risky World.

IN THIS VOLUME:
Introduction via François Bourguignon, Boris Pleskovic, and Jacques van der Gaag; welcome handle by means of Jean-François Rischard; starting deal with via Agnes van Ardenne-van der Hoeven; keynote addresses by way of François Bourguignon, Hisashi Owada, Gerrit Zalm, and Ernesto Zedillo; papers by way of Stefan Dercon, Patrick Guillaumont, and Joep Lange; and reviews through Duncan eco-friendly, Paul Mosley, Françoise Ndayishimiye, Henk Rijckborst, and Richard Wilcox.

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Extra info for Annual World Bank Conference on Development Economics 2006, Europe: Amsterdam Proceedings--Securing Development in an Unstable World

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Introduction of “Human Security” into the Development Debate The concept of human security consists in the protection of the vital core of all human lives in ways that enhance human freedoms and human fulfillment. ” When thus defined, it seems clear that there is a lot in common between this concept of human security and the new philosophy of development as conceived in the present day conditions of human existence. If the essential core of development consists in realizing freedom from fear and freedom from want, as I believe it is, then the promotion of human security should be at the heart of the new strategy for development for meeting the new challenges of the world of today.

I would like to believe it was out of those brainstorming sessions we had that his famous Comprehensive Development Framework (CDF) Plan of the World Bank emerged. Later, as Senior Adviser to the President of the Bank, I always enjoyed discussions with him, as well as the monthly executive sessions with the senior staff members of the Bank under the chairmanship of Jim Wolfensohn. Sadly, my tenure at the Bank had to be terminated prematurely due to my appointment at the ICJ. The Changing Environment for Development What is development?

Third, macroeconomic crises almost always lead to a decline in public spending, which is likely to affect key sectors such as infrastructure and human development disproportionately. They also tend to increase the risk of political destabilization, especially in countries with weak institutions. 30 | FRANÇOIS BOURGUIGNON TABLE 1. 9 0 Source: Hnatkovska and Loayza 2005. Note: Effect of a one standard deviation increase of GDP volatility on long-run growth (annual rate). All estimates are corrected for the possible endogeneity of volatility.

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