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Transcript
October 14-15, 2014
The World Bank Group | Preston Auditorium | 1818 H Street NW, Washington, DC | USA
Day 1 | Tuesday, October 14
Breakfast and Registration (8:30am – 9:00am)
Opening Session (9:00am – 10:00am)
Opening
Bertrand Badré, Managing Director and Chief Financial Officer, The World Bank Group
Welcoming Remarks
Anabel Gonzalez, Senior Director, Trade and Competitiveness Global Practice, The World Bank Group
Keynote
Dani Rodrik, Institute for Advanced Study, Princeton
Panel 1 – Measuring the Impact of the New Growth Strategies (10:15am – 11:30am)
Speakers
Andreu Mas-Collel (Minister for Economy & Knowledge, Government of Catalonia, Spain), Dani Rodrik
(Institute for Advanced Study, Princeton), Philippe Aghion (Harvard University), Arvind Subramanian
(Senior Fellow, Peterson Institute for International Economics; Center for Global Development)
Moderator Ivan Rossignol (Chief Technical Specialist, Trade and Competitiveness Global Practice, WBG)
In many places, five to ten years have passed since the push for new growth strategies began. Given that
Themes
these strategies often start with a range of coordinated actions (in a sub-jurisdiction ‘enclave’), with the
hope to catalyze – indirectly – wider and greener growth, they create serious methodological and
substantive issues in defining and measuring their impact. How do they fit into, or reshape, traditional
growth theory? Based on that, how can we adequately assess whether they are succeeding or failing?
What are the implications, for theory and practice?
Panel 2 – Institutional Means to Support New Growth Strategies (11:45am – 1pm)
Speakers
Dato' Sri Idris Jala (Minister in the Prime Minister’s Department and CEO of Performance Management
& Delivery Unit (Pemandu), Malaysia), Arun Maira (Former Member for Industry, Planning Commission,
Government of India, and Founder, India Backbone Implementation Network – IbIn), Christian Ketels
(Harvard University), Charles Sabel (Columbia Law School)
Moderator Pierre Jacquet (President, Global Development Network)
If traditional institutions struggled with ‘old’ industrial policy, in an era of less volatile and uncertain
Themes
markets, they are liable to be wholly inadequate to new growth strategies. New institutions thus need to
be developed, which will require new concepts, and may be demanding (even unfeasible) in their
requirements on governance and political economy. In practice, what new institutions are emerging and
how are they faring? What are their demands on and risks for governance? What new concepts do they
require? Where could they be pursued, and where not?
FUNDING FOR THE CONFERENCE PROVIDED BY:
Lunch Break (1pm-1:30pm)
Panel 3 – New Growth Strategies in Middle and High-Income Countries (1:30pm – 2:30pm)
Speakers
Jane Frances (Director, Growth and Public Services, The Treasury, New Zealand), Danny Leipziger
(Managing Director, The Growth Dialogue, George Washington University), Didier Herbert (Director,
Enterprise Competitiveness, Industry and Growth Policies, European Commission)
Moderator Bert Hofman (Country Director, China, WBG)
Themes
Job creation has been the defining challenge for developed countries as much as for developing ones
since the latest financial crisis. With persisting low growth, high unemployment and rising inequality, the
former have been juggling with the same key question as the latter: how does one encourage the growth
of job-creating industries in an era of open trade? The European Union has recently engaged on new
competitiveness and growth strategies for job creation, which integrates the new realities of globalized
trade and fast innovation in offering a package to encourage investment, growth and job creation. New
Zealand are currently embarking on a growth strategy with a stronger focus on lifting exports and
international connections to drive higher economic performance. What are the defining features of these
policies, and the key challenges in implementing them? What can developing countries learn and adapt?
Panel 4 – Competitive Cities: New Growth Policies & Urban Development (2:45pm – 4:00pm)
Speakers
Ravi Naidoo (Executive Director for Economic Development, City of Johannesburg, South Africa), Fidele
Ndayisaba (Mayor, City of Kigali, Rwanda), Kevin Murphy (President and CEO, JE Austin, and
WEF), Richard Newfarmer (Country Director: Rwanda-Uganda-South Sudan, International Growth
Center), TBC: Aisa Kirabo Kacyira (Deputy ED and Assistant Secretary-General, UN-Habitat)
Moderator Ede Jorge Ijjasz-Vasquez (Senior Director, Social, Urban, Rural & Resilience Global Practice, WBG)
Themes
With rapid urbanization in much of the developing world, cities are becoming the locus of the jobs
challenge, a key nexus for global trade, but are also where economic inequality is felt most starkly. Cities’
success or failure in improving livelihoods and increasing economic opportunities for their residents cuts
across urban management and economic development –beyond the technical challenges of building city
roads and delivering treated water. How can cities and local governments tackle income inequality and
economic segregation while increasing global competitiveness? What should cities be doing more of, and
what should they be doing less of? Can new high tech industries provide an answer to this challenge?
What else can cities do to change their own economic trajectory?
Panel 5 – Global Value Chains – Perspectives from the Private Sector (4:15pm – 5:30pm)
Speakers
Ted Chu (IFC Chief Economist, WBG), David D. Nelson (Senior Manager, Global Government Affairs
and Policy, General Electric Company)
Moderator Anabel Gonzalez (Senior Director, Trade and Competitiveness Global Practice, WBG)
Directed country interventions to favor the development of some value chains, like the automotive
Themes
sector, have led to mixed results. This has especially been the case in the past few decades, where valuechains have become increasingly fragmented and globalized. What is the perspective of business leaders
on what drives the integration of a country as part of their global value chain? What are the main drivers
for private investment, growth, and job creation in that context, and how does that depend on the value
chain considered? How can new trade and competitiveness policies support GVCs to have the greatest
effect on company decision-making?
Closing Remarks (5:30pm – 5:40pm)
Jin-Yong Cai, IFC Executive Vice President and Chief Executive Officer, The World Bank Group
Cocktail reception (6:00pm onwards)
FUNDING FOR THE CONFERENCE PROVIDED BY:
Day 2 | Wednesday, October 15
Deep-dives on work in progress related to the themes raised during the conference
Breakfast (8:30am – 9:00am)
Deep-dive 1 – Manufacturing in South Asia (9:00am – 10:00am)
Presentations Subramanian and Amirapu (2014), Manufacturing Versus Services: An Indian Illustration of
Moderator
Themes
a Development Dilemma (forthcoming), presented by Amrit Amirapu (Ph.D. Candidate,
Economics, Boston University); Manufacturing in Pakistan: A business perspective on the way
forward, by Mohsin Khalid (Executive Director, Ittehad Steel Group)
Onno Ruhl (Country Director, India, WBG)
Few combinations of sector and region combine the importance and the challenges of manufacturing
in South Asia. The region’s demographic boom makes job creation (at a rate of 1 million per month)
ever more important, but the sector – historically a key source of employment in the transition to
middle-income – is much smaller than in other regions at a similar stage of development. What is
holding it back? What is the balance between regional and country-specific factors? What are the
success stories, and what can be learned from?
Competitive Cities
Deep-dive 2 – Parallel sessions (10:15am – 11:15am)
Making Skills Programs Work
Stefano Negri, Austin Kilroy & Megha Mukim
(Trade and Competitiveness Global Practice, WBG)
Aashish Mehta (University of California-Santa Barbara),
Amit Dar (Director, Education Global Practice, WBG)
How can cities generate more jobs? Since January 2014, a
multi-Practice team in the World Bank Group has been
assembling evidence to support WBG task teams
responding to cities’ needs. The session will:
 Review key questions from WBG clients: “what have
other cities done to achieve job creation?”; “how can
better determine priorities?”; “how do I get it done?”
 Present intermediate findings on each area, focusing
on: pilot engagement in Johannesburg; global
findings about city success; and the role of local
governments in China.
Skills are a defining factor for competitiveness, and
greater human capital is perhaps the most positive-sum
route to reducing inequality, and hence sharing
prosperity. Yet firms tend to under-provide training,
while skills programs are among the most difficult to
deliver in practice. Such market and government failures
persist globally, but in a few cases, new cooperation
models seem to have worked. Under what conditions?
What role have different institutions (firms, unions,
government) played? How have they been better
integrated in practice?
Deep-dive 3 – Parallel sessions (11:30am – 12:30pm)
Climate Change and Growth Strategies
Towards an integrated WBG Tourism Solution
Alexios Pantelias (Trade and Competitiveness, WBG),
Thomas Kerr (Climate Change Cross-Cutting Solution
Area, WBG); Jigar Shah (Executive Director, IIP)
John Perrottet (Trade and Competitiveness Global
Practice, WBG), TBC: 1-2 other speakers
New growth strategies can’t be decouple from the risks
and opportunities presented by climate change. As
mentioned by Jim Kim, this new reality in the growth
agenda will shape our next development challenge. Recent
reports found a number of key climate compatible policies
would lead to global GDP gains of between $1.8tn and
$2.6tn a year by 2030. The challenge is that climate change
requires a global agenda and commitment to ensure an
even playing field. This session will focus on the challenge
climate change poses to growth strategies, policies that can
address both challenges of ensuring growth and mitigating
climate change, and examples of countries and
circumstances where this is being done.
Tourism accounts for over 9% of world GDP, 1 out of
11 jobs, and 6% of exports of least developed countries,
and created 4.7 million additional jobs in 2013. This
explains increasing demand from WBG clients to build
their tourism industries, through public infrastructure,
mobilized private sector investment, improved regulation
and product offerings, skills building and development of
new markets. The reorganization of the WBG provides
the opportunity to define a new, integrated offer
responding more comprehensively and systematically to
the diverse and increasingly sophisticated needs of the
tourism industry, while ensuring positive outcomes for
local communities. This builds on the “Tourism Meeting
of the Minds” event earlier this year.
FUNDING FOR THE CONFERENCE PROVIDED BY: