Nicholas Stern, Bertil Tungodden, Ivar Kolstad's Annual World Bank Conference on Development Economics-Europe PDF
By Nicholas Stern, Bertil Tungodden, Ivar Kolstad
The yearly international financial institution convention on improvement Economics (ABCDE) brings jointly the world's most interesting improvement thinkers to provide their views and ideas. in recent times, a parallel, moment convention has been held in Europe with a similar objective of increasing the circulate of rules among thinkers, practitioners, and policymakers within the box of overseas improvement. ABCDE Europe 2003 provides chosen papers from the fourth annual ABCDE Europe conferences, held June 24-26, 2002, in Oslo, Norway. Hosted by means of the realm financial institution and the Chr. Michelsen Institute, greater than 350 eminent students and practitioners from 50 international locations met to planned at the subject 'Towards Pro-Poor Policies'. The papers from classes on relief, associations, and globalization supply either a basic assessment of hyperlinks among poverty, inequality, and development, and handle particular issues similar to the seriously Indebted bad international locations Initiative for debt aid. All reflect on the position of rules and associations in improvement and poverty relief. during this quantity: an summary through Bertil Tungodden, Ivar Kolstad, and Nicholas Stern; papers on relief by means of Nicholas Stern, David Roland-Holst and Finn Tarp, Stephan Klasen, Lisa Chauvet and Patrick Guillaumont, and Jean-Pierre dangle, Mireille Razafindrakoto, and Fran?ois Roubaud; papers on associations via Mariano Tommasi, Mushtaq Khan, David Dunham, Stanley Engerman and Kenneth Sokoloff, Karla Hoff and Joseph Stiglitz; and papers on globalization through Jomo Sundaram, John Dunning, Antonio Spilimbergo, Juan Luis Londo?o, and Miguel Szekely, Andr?s Solimano, and Oded Stark.
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Extra resources for Annual World Bank Conference on Development Economics-Europe 2003: Toward Pro-Poor Policies--Aid, Institutions, and Globalization (Annual World Bank Conference ... Bank Conference on Development Economics)
Humanitarian aid remains necessary in some countries with the worst policies and institutions. A recent example is the provision of food aid to Zimbabwe, a country with urgent needs, but few prospects for using longer-term development assistance well at this point. Lesson 3: Changing the Way We Do Business A third lesson concerns how development agencies work with client countries, and the last decade has seen significant change in this regard. This change complements the shift toward improved targeting of large-scale lending.
Donors may see a need for using aid to improve basic health and education services in poor-policy countries. To be effective, however, funding should probably be directed through channels other than the central government. A recent World 22 | NICHOL AS STERN Bank task force suggested structures whereby a donor-monitored wholesaling organization contracts with multiple channels of retail provision, such as the private sector, NGOs, and local governments. • Humanitarian aid remains necessary in some countries with the worst policies and institutions.
Donors should instead focus on knowledge transfer and capacity building to facilitate change. Given the constraints on government capacity, such efforts should concentrate on a limited reform agenda that is both sensible in economic terms (that is, mindful of sequencing issues) and feasible from a sociopolitical standpoint. Only when they develop greater capacity, and when early gains demonstrate the benefits of reform, will the poor-policy countries generally be able to make good use of large-scale aid.
Annual World Bank Conference on Development Economics-Europe 2003: Toward Pro-Poor Policies--Aid, Institutions, and Globalization (Annual World Bank Conference ... Bank Conference on Development Economics) by Nicholas Stern, Bertil Tungodden, Ivar Kolstad