Governance, Equity, and Global Markets: The Annual Bank Conference on Development Economics - Europe

Hardcover | March 15, 2001

EditorJoseph E. Stiglitz, Pierre-Alain Muet

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The World Bank's Annual Bank Conference on Development Economics (ABCDE) is one of the world's best known series of conferences for the presentation and discussion of new knowledge about development. The conference has become increasingly ambitious in scope as the world's economies have becomemore interconnected, challenges have become more complex, and the distinction between development economics and other disciplines has become less clear. This volume collects together papers from the 1999 ABCDE in Europe given by some of the most prominent thinkers on development issues. These papersreflect the fact that economic trends are demanding a more intense and dynamic flow of ideas and expertise between the developed and developing worlds, between Europe and America, between north and south. While there is growing consensus among economic policymakers on the need for macroeconomicstability, there is less agreement on how to balance this need with pressing social needs.

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The World Bank's Annual Bank Conference on Development Economics (ABCDE) is one of the world's best known series of conferences for the presentation and discussion of new knowledge about development. The conference has become increasingly ambitious in scope as the world's economies have becomemore interconnected, challenges have become...

Joseph E. Stiglitz is at The Brookings Institute, DC.

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Format:HardcoverDimensions:352 pages, 9.21 × 6.14 × 0.91 inPublished:March 15, 2001Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199241554

ISBN - 13:9780199241552

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Table of Contents

Pierre-Alain Muet/Joseph E. Stiglitz: IntroductionLionel Jospin: Opening speechJames D. Wolfensohn: Opening speechPart 1. Markets, Development and Institutions1. John S. Flemming: Transition: The First Ten YearsOlivier Blanchard: Comment2. Joseph E. Stiglitz: Quis Custodiet Ipsos Custodes?: Corporate Governance Failures in the Transition3. Mustapha Nabli: Privatization and Institutions in Developing and Transition Economies4. Olivier Hart: Different Approaches to Bankruptcy5. Jean Tirole: The Institutional Infrastructure of Competition Policy6. Katharina Pistor: The Evolution of Legal Institutions and Economic Regime Change7. Giuseppe Bertola: Cross-Sectional Wage and Employment Rigidities vs. Aggregate EmploymentJose Luis Machinea: Comment8. Stephen Nickell: Institutions and the Workings of the Labour Market9. Jean-Jacques Laffont: Separation of Powers and DevelopmentPaul Seabright: Comment10. Susan Rose-Ackerman: Bureaucratic Corruption and Political AccountabilityAugustine Ruzindana: Comment11. Independence and Accountability of Central Banks: Norbert Walter: CommentPart 2. Equity, Public Goods, and Global Governance12. Francois Bourguignon and Anthony Atkinson: Poverty and Inclusion from a World Perspective13. Stefan Dercon: Safety Nets, Savings, and Informal Social Security Systems in Crisis-Prone EconomiesPeter Orszag: Comment14. Pension Reform and Demographic Trends: Is Funding the Solution: Alessandro Cigno: Comment15. Anthony Venables: Regional Integration Agreements: a Force for Convergence or Divergence?16. Olivier Cadot, Jaime de Melo, and Marcelo Olarreaga: Asymmetric Regionalism in Sub-Saharan Africa: Where do We Stand?Pierre Jacquemot: Comment17. Andras Inotai: Benefits and Costs of EU Enlargement: Theoretical and Practical Considerations on Trade Policy Issues18. Olivier Godard, P.-H. Gouyon, Claude Henry, and P. Lagadec: The Precautionary Principle: Different Cases and Viewpoints19. Olli Tahvonen: Energy Crisis versus Climate Change: Is there a Lesson to be Learned?20. Laurence Tubiana (in "annex" Rajendra K. Pachauri) and Charles Perrings: Global Governance for Environment: Equity and Efficiency21. Rajendra K. Pachauri: Protecting the Global Environment: Towards Effective Governance and Equitable SolutionsCharles Perrings: Comment22. Peter Neary: R and D in Developing Countries: What Should Governments Do?23. Diane Elson: Gender Economics: Just Another Dummy Variable?Olga Vershinskaya: Comment24. Michel Aglietta: Financial Fragility, Crises, and the Stakes of Prudential Control: A Few Lessons Learned from Recent ExperienceUri Dadush: Comment25. Daniel Cohen: Growth and Debt: A New Perspective on the African and Latin American TragediesTchetche Nguessan: Comment

Editorial Reviews

The conference aims to energize the community of European development economists at a time when their expertise in market infrastructure is proving invaluable to governments and societies struggling to make markets work. By bringing together leading thinkers and policymakers in Europe, theBank is extending its global research network and widening its scope of economic analysis to emphasize questions of social protection, stability, and economic decision-making. Joseph E. Stiglitz, Senior Fellow, the Brookings Institution