By François Bourguignon, Boris Pleskovic, Jacques van der Gaag
The once a year international financial institution convention on improvement Economics is among the world's best-known sequence of meetings for the presentation and dialogue of latest wisdom on improvement. The convention offers a discussion board for the world's top improvement thinkers to percentage new wisdom and concepts. In 1999, in acceptance of Europe's pivotal function within the provision of improvement tips and with a purpose to carry the area Bank’s examine on improvement into shut touch with eu views, the realm financial institution created a distinctively eu 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, may well 23–24, 2005. The convention used to be coorganized by means of the govt of the Netherlands and the realm financial institution. The subject matter of the convention was once “Securing improvement in an volatile international. during this quantity: advent through Fran?ois Bourguignon, Boris Pleskovic, and Jacques van der Gaag; welcome deal with through Jean-Fran?ois Rischard; starting deal with via Agnes van Ardenne-van der Hoeven; keynote addresses by way of Fran?ois Bourguignon, Hisashi Owada, Gerrit Zalm, and Ernesto Zedillo; papers through Stefan Dercon, Patrick Guillaumont, and Joep Lange; and reviews by means 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
Another point of particular significance at this conference was the importance attached to the promotion of a new type of “South-South cooperation,” based on the possibility of the transfer of Asian experiences to Africa. In TICAD-II in 1998, where the “Tokyo Plan of Action” was adopted, three major areas, again in line with the spirit of a holistic approach, were picked out as of special importance for attaining comprehensive development. They were the area of social development including education, health, and empowerment; the area of economic development including the increased role of private sectors and agriculture; and the area relating to the consolidation of the sociopolitical basis of development including systems of good governance, conflict prevention, and post-conflict reconstruction.
On this question, I completely agree with my revered friend Amartya Sen, when he so forcefully declares Focusing on human freedom contrasts with narrower views of development, such as identifying development with the growth of gross national product, or with the rise in personal incomes, or with industrialization, or with technological advance, or with social modernization. Growth of GNP or of individual incomes can, of course, be very important as means to expanding the freedoms enjoyed by the members of society.
This is an 32 | FRANÇOIS BOURGUIGNON additional argument in favor of stronger and more effective institutions and policy regimes in low-income countries. On the donors’ side, there should be a renewed emphasis on higher levels of aid and the need for innovative modifications in the way aid is delivered. To me, it is a key condition for lifting low-income countries out of the slow growth–high volatility trap. Here I can only join Minister van Ardenne’s message for more efforts by the donor community, and call for the strongest support of the international compact signed by the world community at the 2002 International Conference on Financing for Development in Monterrey.
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