Annual World Bank Conference on Development Economics 1998

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Boris Pleskovic, Joseph E. Stiglitz
World Bank Publications, 1999 - Political Science - 411 pages
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The "Annual World Bank Conference on Development Economics" (ABCDE) brings together the world's leading scholars and development practitioners for a lively debate on state-of-the-art thinking in development policy and the implications for the global economy. The tenth conference dealt with four difficult topics in development: the role of geography in countries' success, with Paul Krugman, John Luke Gallup and Jeffrey Sachs; the role and design of regulation and competition policy, with Paul Joskow and Jean-Jacques Laffont; the causes of financial crises and ways to prevent them, with Bruce Greenwald, Asli Demirguc-Kunt and Enrica Detragiache; and how ethnic conflict affects democracy and growth, with Paul Collier and Donald L. Horowitz. This volume also includes insights from Nobel Prize winner James Tobin, Stanley Fischer, Joseph E. Stiglitz, and World Bank President James D. Wolfensohn.

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Page 319 - Significant at the 10 percent level. ** Significant at the 5 percent level. *** Significant at the 1 percent level.
Page 381 - By a faction I understand a number of citizens, whether amounting to a majority or minority of the whole, who are united and actuated by some common impulse of passion, or of interest, adverse to the rights of other citizens, or to the permanent and aggregate interests of the community.
Page 132 - As by means of water-carriage a more extensive market is opened to every sort of industry than what land-carriage alone can afford it, so it is upon the sea-coast, and along the banks of navigable rivers, that industry of every kind naturally begins to subdivide and improve itself...
Page 45 - ... tenth anniversary of the Annual Bank Conference on Development Economics, a conference dedicated to the principle that economic science — and the promotion of research, dissemination, and dialogue about economics — can improve the chances of growth and the alleviation of poverty in the developing countries of the world. In the decade since this series was initiated by Stanley Fischer, as the World Bank's chief economist, it has, in my judgment, proved its worth. I hope that this meeting reflects...
Page 79 - ... than 6 percent, and per capita GDP in China having more than doubled during the 1980s. • Average per capita GDP in Sub-Saharan Africa had declined during the 1980s, nearly offsetting the gains since independence. Indeed, in some African countries per capita incomes had been falling for 25 years. In thinking about economic development, there was growing consensus about many of the policies needed to produce growth. At the time of its original presentation in 1989 John Williamson's Washington...
Page 132 - Tartary is the frozen ocean which admits of no navigation, and though some of the greatest rivers in the world run through that country, they are at too great a distance from one another to carry commerce and communication through the greater part of it. There are in Africa none of those great inlets, such as the Baltic and Adriatic seas in Europe, the Mediterranean and Euxine seas in both Europe and Asia, and the gulphs of Arabia, Persia, India, Bengal, and Siam, in Asia, to carry maritime commerce...
Page 303 - Dcmirgii^-Kunt is principal economist in the Development Research Group at the World Bank. Enrica Detragiache is an economist in the Research Department at the International Monetary Fund. The authors are grateful to Gerard Caprio Jr., Stijn Claessens, George Clarke, Philip Keefer, Ross Levine, Miguel Savastano, and Peter Wickham for helpful comments and to Thorsten Beck and Anqing Shi for excellent research assistance. Annual World Bank Conference on Development Economics 1998 ©1999 The International...
Page 170 - University of Chicago Press. Summers, Robert, and Alan Heston. 1994. The Penn World Tables, Mark 5.6. Tobler, Waldo, Uwe Deichmann, Jon Gottsegen, and Kelly Maloy. 1995. The Global Demography Project. Technical Report TR-95-6. National Center for Geographic Information and Analysis. Santa Barbara, Calif. United Nations. 1996. World Population Prospects 1950-2050 (The 1996 Revision). New York. WHO (World Health Organization). 1967. "Malaria Eradication in 1966.
Page 149 - Pop 100km are highly significant and of the expected sign. All other things being equal, annual growth is 0.9 percentage points lower in tropical countries than in nontropical countries. Annual growth in landlocked countries (Pop 100km = 0) is 1.0 percentage point lower than in coastal countries.

About the author (1999)

Joseph Stiglitz is professor of economics at Columbia University.