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Annual World Bank Conference on Development Economics 1998 (English)

The 1998 Annual World Bank Conference on Development Economics, the tenth anniversary, was held at the Bank on April 20-21, 1998. The discussions focused on four areas of inquiry: 1) the role of geography in countries' success, 2) the role of effective competition and regulatory policies, 3) the causes of financial crises and ways to prevent them, and 4) the effects of ethnic diversity on democracy and growth. The welcoming address by World Bank President James D. Wolfensohn, the opening remarks by chief Economist Joseph Stiglitz, and the tenth anniversary address by the International Monetary Fund Deputy Managing Director Stanley Fischer all focused both on the role of the conference and on the changing perspectives for development.

Details

  • Author

    Pleskovic, Boris Stiglitz, Joseph E. [editors]

  • Document Date

    1999/04/30

  • Document Type

    Publication

  • Report Number

    19221

  • Volume No

    1

  • Total Volume(s)

    1

  • Disclosure Date

    2010/07/01

  • Doc Name

    Annual World Bank Conference on Development Economics 1998

  • Keywords

    high rate of population growth;knowledge for development;efficiency of resource allocation;lack of transparency;financial crisis;financial market;exchange rate policy;Exchange rate policies;lack of openness;ethnic conflict;per capita income;democracy and growth;financial market liberalization;rate of growth;Science and Technology;advanced industrial country;design of policy;cost of rebellion;standard of living;capital account liberalization;degree of homogeneity;misallocation of investment;vulnerability to shock;overvalued exchange rate;gap in knowledge;real business cycle;sound financial institution;flow of information;transfer of knowledge;educational classroom use;labor market participant;risk of conflict;change in thinking;public sector performance;system Financial;domestic interest rate;implications for policy;modern economic growth;external short-term debt;balance of influence;weak financial institutions;fixed exchange rate;global financial market;asymmetry of information;school of thought;Rule of Law;panel data set;economic policy agenda;external peer review;welfare of consumers;environment for investors;weak financial system;degree of transparency;wealth of nation;financial sector problem;private sector debt;resource allocation decision;real estate loan;cash flow problem;capital market liberalization;poor macroeconomic policy;crony capitalism;knowledge revolution;ethnic diversity;competition policy;ethnic group;financial liberalization;political right;Population Density;tropical region;industrial economy;good policy;price stability;financial fragility;effective competition;regulatory institution;conference papers;political process;international standard;Macroeconomic Stability;infrastructure sector;adverse shock;loan crisis;Exchange Rates;economic crisis;natural experiment;scientific approach;financial regulation;scientific process;Violent Conflict;legal structure;institutional infrastructure;democratic process;market economy;living standard;private bank;expected return;development policy;alternative policy;negative effect;hard currency;national currency;regulation policy;political will;democratic institution;credit rationing;human capital;regulatory priority;information failure;market clearing;perfect competition;restructuring program;incomplete market;interest group;macroeconomic development;financial intermediation;long-term growth;cross-country regression;policy work;bank problem;exogenous variable;nondiscriminatory access;basic infrastructure;disadvantaged position;imperfect information;local disturbance;severely limits;information imperfection;bank management;policy position;knowledge bank;private enterprise;market failure;fiscal deficit;introducing competition;market mechanism;competitive model;traditional model;competitive segment;Economic Management;financial globalization;production process;natural monopolies;original form;government regulation;economic distortion;statistical model;financial reform;resource misallocations;economic regime;negative growth;government intervention;gold reserve;debt buildup;tax system;life expectancy;universal agreement;broad agreement;loan company;lending decision;Borrowing Countries;debtor country;creditor country;marginal return;macro level;full transparency;insufficient information;important policy;economic research;weak bank;transparent accounting;regulatory forbearance;scientific knowledge;remote village;communications development;government action;corporate governance;imperfect knowledge;technology revolution;public debt;fiscal stance;previous one;saving rate;traditional beliefs;regulatory goal;effective regulatory;infrastructure service;capital inflow;lending practice;rigorous analysis;scientific basis;affected country;international market;Capital Inflows;infrastructure reform;government involvement;agricultural subsidy;land price;agricultural sector;energy subsidies;Tax Code;market system;Socialist economies;low-income economy;Learning and Innovation Credit

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Citation

Pleskovic, Boris Stiglitz, Joseph E. [editors]

Annual World Bank Conference on Development Economics 1998 (English). Proceedings Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/769861468765277458/Annual-World-Bank-Conference-on-Development-Economics-1998