By Boris Pleskovic, Nicholas Stern

The yearly global financial institution convention on improvement Economics (ABCDE) brings jointly the world's prime students and improvement practitioners for a full of life debate on state of the art considering in improvement coverage and the results for the worldwide financial system. The thirteenth convention handled vital and arguable topics in improvement: globalization and inequality, with Daniel Cohen, Richard N. Cooper, Kevin H. O'Rourke, and Anthony J. Venables; and overall healthiness and improvement, and Anne Case, Jean O. Lanjouw, Tomas Philipson and Rodrigo R. Soares, and Morten Rostrup. James D. Wolfensohn and Nicholas Stern additionally talk about the convention.

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Extra info for Annual World Bank Conference on Development Economics 2001/2002

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QUALITY OF INFRASTRUCTURE. Investors, both foreign and domestic, look to the quality of the power, transport, communications, and even financial infrastructure as an important complement to investment. Regulatory economics is now enjoying something of a renaissance as an outgrowth of the new information economics of moral hazard and adverse selection—pioneered by, among others, my predecessor as chief economist, Joseph Stiglitz—and also because of the new focus on increasing-returns phenomena such as network externalities.

Helping Countries Combat Corruption: Progress at the World Bank since 1997. C. ———. 2000d. Reforming Public Institutions and Strengthening Governance. C. ———. 2000e. World Development Report 2000/2001: Attacking Poverty. New York: Oxford University Press. ———. 2001a. Engendering Development: Through Gender Equality in Rights, Resources, and Voice. World Bank Policy Research Report. New York: Oxford University Press. ———. 2001b. Globalization, Growth, and Poverty: Building an Inclusive World Economy.

During the entire post–World War II period the World Bank and other international financial institutions have been accumulating experience, successful and otherwise, in building institutions. Gathering, analyzing, and distilling policy recommendations from this experience now constitute an important research effort in the Bank. Indeed, World Development Report 2002 (World Bank 2001c) focuses on the institutional foundations of a market economy. QUALITY OF INFRASTRUCTURE. Investors, both foreign and domestic, look to the quality of the power, transport, communications, and even financial infrastructure as an important complement to investment.

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