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NEW IDEAS IN DEVELOPMENT AFTER THE FINANCIAL CRISIS CONFERENCE
April 22-23, 2009
The New Ideas in Development After the Financial Crisis Conference, sponsored by CGD and the Bernard L. Schwartz Forum on Constructive Capitalism, was held on April 22nd and 23rd, 2009. The goal of the conference was to examine the implications of the global financial crisis on existing development strategies. Panels of distinguished academics and policy practitioners explored how different regions of the developing world are interpreting this crisis and how they are likely to respond on a national and international level.
Wednesday, April 22, 2009 Opening Remarks Access transcript (pdf, 73K) Nancy Birdsall, President, Center for Global Development Francis Fukuyama, Director of International Development, School of Advanced International Studies, Johns Hopkins University Bernard L. Schwartz, Chairman, BLS Investments LLC
Panel I: Causes of the global financial crisis and the implications for national development strategies Access Panel I transcript (pdf, 176K)
Moderator: Roger Leeds, Johns Hopkins SAIS
Panelists: Larry Diamond, Hoover Center, Stanford University Anne Krueger, Johns Hopkins SAIS Arvind Subramanian, Johns Hopkins SAIS, Center for Global Development John Williamson, Peterson Institute for International Economics
Panel II: Interpretations and implications of the global financial crisis: An Asian perspective Access Panel II transcript (pdf, 204K)
Moderator: Pieter Bottelier, Johns Hopkins SAIS
Panelists: Yasheng Huang, MIT, Sloan School of Business Devesh Kapur, University of Pennsylvania Mitsurhiro Maeda, Reischauer Center for East Asian Studies Ramkishen Rajan, George Mason University
Thursday, April 23, 2009 Panel III: Interpretations and implications of the global financial crisis: An African, European, and Latin American perspective Access Panel III transcript (pdf, 169K)
Moderator: Todd Moss, Center for Global Development
Panelists: Santiago Levy, Inter-American Development Bank Benno Ndulu, Bank of Tanzania Jose-Antonio Ocampo, Columbia University SIPA Mitchell Orenstein, Johns Hopkins SAIS
Panel IV: New approaches to international cooperation and institutions after the crisis Access Panel IV transcript (pdf, 176K)
Moderator: Liliana Rojas-Suarez, Center for Global Development
Panelists: Kemal Dervis, Brookings Institution Justin Lin, World Bank Sebastian Mallaby, Maurice Greenberg Center For Geoeconomic Studies Minxin Pei, Carnegie Endowment for International Peace
Panel V: Going forward: New ideas in development for a new world Access Panel V transcript (pdf, 191K)
Moderator: Jessica Einhorn, Johns Hopkins SAIS
Panelists: Thomas Carothers, Carnegie Endowment for Peace Michael Clemens, Center for Global Development (Listen to this presentation) Danny Leipziger, World Bank Lant Pritchett, Harvard Kennedy School of Government
Closing Remarks Access transcript (pdf, 88K) Nancy Birdsall, President, Center for Global Development Francis Fukuyama, Director of International Development, School of Advanced International Studies, Johns Hopkins University
Spending on health products tops $50 billion annually in just a subset of low- and middle-income countries. And a large share of health aid goes to the same use. But despite its importance for spending and health outcomes, the procurement of medicines and other health products remains a neglected health system function. On the eve of the high-level meeting, this networking and learning reception will highlight how more effective procurement can accelerate progress towards expanding access to medicines and other key health products. The reception will feature policymakers from around the world, discussing national and global challenges and opportunities on the path towards smarter procurement.
This event draws from the final report of CGD’s Working Group on the Future of Global Health Procurement, which found that tackling inefficient procurement practices can help stretch scarce health resources further and accelerate progress toward the health-related Sustainable Development Goals. The Working Group offered four actionable recommendations to elevate procurement as an essential health system function.
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?