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In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
What does it take to achieve sustained, poverty reducing growth? Twenty-one leading economic experts from government, business, and academia from around the world comprising the independent Commission on Growth and Development worked for two years to identify key characteristics of economies that have been able to achieve growth of more than 7 percent annually in more than 25 of the years since World War II and to explore how other developing countries might emulate them. The Commission's conclusions highlight the actions that are most likely to improve developing countries' growth prospects, with a goal of providing leaders in developing countries with a framework to help them design and implement successful growth strategies.
On May 28, 2008, the Center for Global Development hosted an event on The Growth Report: Strategies for Sustained Growth and Inclusive Development by the Commission on Growth and Development. Alejandro Foxley,Commission Member and Minister of Foreign Affairs, Chile, and Danny Leipziger, Commission Vice-Chair and World Bank Vice President, Poverty Reduction and Economic Management, presented the findings of the report. Ricardo Hausmann, Professor, Practice of Economic Development; Director, Center for International Development, John F. Kennedy School of Government, Harvard University, served as a discussant and Nancy Birdsall,President, Center for Global Development, moderated the discussion.
Faced with a deepening financial crisis, the recently elected government of Imran Khan has embarked on an ambitious economic reform program, supported by a $6 billion IMF loan and $32 billion of associated financing. Pakistan has a long history of embarking on such reforms but not of seeing them through.
Join the leaders of Pakistan’s Economic Team to discuss why they believe this time will be different.
The Saving One Million Lives (SOML) program for results (PforR) aims to increase the utilization and quality of high impact reproductive, child health, and nutrition interventions in Nigeria. SOML was originally created in 2012 to address Nigeria’s slow progress on improving health status and health services. Since 2015, the initiative has received assistance from the World Bank through a “cash-on-delivery” (COD) approach in which the disbursement of funds is directly linked to the achievement of specific program results. This PforR funding mechanism by the World Bank uses country systems and processes and gives health managers substantial autonomy in achieving health results. Four years into the SOML PforR’s implementation, join us to explore lessons learned.
Over the last 25 years, Mexico has benefited from robust trade and financial integration with North America and strong domestic macroeconomic and financial stability, although much remains to be done on the socioeconomic front.
Against this backdrop, the economy is currently facing strong domestic and external headwinds. At home, the economy has slowed since last year, with real GDP contracting 0.2% in 1Q2019, reflecting low productivity in Mexico and softer growth in the United States. President Andrés Manuel López Obrador (AMLO) has announced protectionist policies, which are not supportive of private investment. From the external side, the lingering uncertainties about Trump’s tariffs on Mexico's imports could have a major negative impact.
How should Mexico deal with these challenges? The Latin American Committee on Macroeconomic and Financial Issues (CLAAF) will discuss central questions on a) the best policy responses to market uncertainties, b) the best way to deal with the immigration flood, which is playing a key role in Trump's new tariff threats, c) what Mexico’s policymakers can learn from the recent experiences in Argentina and Brazil, and d) the most pressing reforms needed to restore investors’ confidence and Mexico's economic growth.
A light breakfast and coffee will be available at 9:30 a.m.
In recent years, Latin American countries have undertaken major fiscal consolidation measures in an effort to reduce their deficits and accumulation of debt. Despite improvements in fiscal position throughout the region, the rate of inequality reduction has slowed, capital spending (in terms of GDP) has fallen to its lowest levels since 2007 and fiscal revenues remain insufficient to finance achievement of the Sustainable Development Goals (SDGs).
Amid an uncertain macroeconomic context and fiscal consolidation, this slowdown requires a fine-tuning of policy measures. This event launches the new CEPAL Publication Fiscal Panorama of Latin America and the Caribbean, 2019, examining the role of tax policy in achieving the Sustainable Development Goals (SDGs). The paper analyses the constraints of domestic resource mobilization caused by fiscal incentives and how these incentives could, instead, be geared towards investment to foster sustainable and inclusive development.
Over the past two decades tremendous progress has been made to improve girls’ access to schooling. Data on learning similarly shows that gender gaps are closing or largely closed. Yet education systems are still failing to meet one important objective: achieving gender equality and women’s empowerment in terms of adult life outcomes. Against the backdrop of improvements in schooling and learning, women still bear the brunt of inequalities in female income, political participation, exposure to gender-based violence and reproductive autonomy. The panel will attempt to answer a key question: how can girls’ education improve adult life outcomes for women?