By François Bourguignon, Boris Pleskovic, Jacques van der Gaag
The yearly global financial institution convention on improvement Economics is without doubt one of the world's best-known sequence of meetings for the presentation and dialogue of latest wisdom on improvement. The convention presents a discussion board for the world's best improvement thinkers to proportion new wisdom and ideas. In 1999, in attractiveness of Europe's pivotal function within the provision of improvement tips and on the way to deliver the area Bank’s examine on improvement into shut touch with eu views, the realm financial institution created a distinctively ecu platform for debate on improvement matters. The 7th Annual international financial institution convention on improvement Economics in Europe used to be held in Amsterdam, the Netherlands, could 23–24, 2005. The convention used to be coorganized by means of the govt. of the Netherlands and the realm financial institution. The subject of the convention was once “Securing improvement in an volatile international. during this quantity: creation via Fran?ois Bourguignon, Boris Pleskovic, and Jacques van der Gaag; welcome tackle by way of Jean-Fran?ois Rischard; beginning deal with through Agnes van Ardenne-van der Hoeven; keynote addresses via Fran?ois Bourguignon, Hisashi Owada, Gerrit Zalm, and Ernesto Zedillo; papers via Stefan Dercon, Patrick Guillaumont, and Joep Lange; and reviews by way of Duncan eco-friendly, Paul Mosley, Fran?oise 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
With this second set of definitions, the relationship between security and development is much clearer and stronger, although we are still far from taking advantage of the good knowledge that we have of the problems at hand. This conference will mostly discuss that relationship between security (with a small s) and development, with the goal of drawing lessons on how to improve Security (with the capital S). As the title of my address suggests, my presentation will only be a general introduction to these various issues, which will be debated at length in the plenary sessions of the conference.
Keynote Address The Other Path to Growth: Private Sector Development GERRIT ZALM Dear ABCDE participants, I hope this will be a fruitful conference. I would like to start by discussing the origins of a new trend in development economics. That trend is to analyze how to create and maintain effective institutions for development. As an important subset of a country’s institutions, I will focus on the importance of a good investment climate. 1 Reducing the risks and costs of doing business and the barriers to entry for new firms should be on the top of our agenda for reaching the Millennium Development Goals (MDGs).
All this applies mostly to covari- KEYNOTE ADDRESS: STABILITY, SECURITY, AND DEVELOPMENT | 23 ant risks rather than to idiosyncratic risks, which, in theory, may be more easily mutualized, either formally through insurance markets, or informally through other social arrangements. Covariant risks that affect several people at the same time in a community or in a country are not insurable. Those are the types of risks I am focusing on. Basic Mechanisms through Which Economic Insecurity Negatively Affects Development To understand why risk affects high- and low-income people differently, consider the upper part of figure 1, where a nonpoor household confronts a negative income shock.
Annual World Bank Conference on Development Economics 2006, Europe: Amsterdam Proceedings--Securing Development in an Unstable World by François Bourguignon, Boris Pleskovic, Jacques van der Gaag