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Development in Crisis: Changing the Rules in a Global World

2012 Global Challenges Conference

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In the current globalization process, economic development faces a triple crisis: exclusion of hundreds of millions of people, an environmentally unsustainable growth pattern, and lack of structural transformation. The conference brings together leading authorities from around the world to analyze the reasons for the triple crisis and to suggest policy solutions that lead to democratization of development, to an increase in the well-being of half the world’s population without jeopardizing the sustainability of the natural environment, and to a transformation of the economic structure.

All Conference Events will take place in Gamble Auditorium, Art Building

Friday, March 2, 2012

8 pm Keynote Address:
Structural Change, Industrialization, and Economic Convergence
Dani Rodrik. Rafiq Hariri Professor of International Political Economy. John F. Kennedy School, Harvard University

Saturday, March 3, 2012

8:30 am – 10:15 am Democratizing Development
Holly Hanson, Professor of History, Mount Holyoke College


Inequality of Opportunity Around the World: What Do We Know So Far?
Francisco Ferreira, Lead Economist, Development Research Group, World Bank

From Authoritarianism to People Power in the Middle East: Implications from Inclusion and Equity
Eva Bellin, Myra and Robert Kraft Professor of Arab Politics in the Department of Politics and the Crown Center for Middle East Studies, Brandeis University (paper draft)

Towards a More Equitable Economic Future? Lessons from Latin America.
Diego Sanchez-Ancochea, University Lecturer in the Political Economy of Latin America, University of Oxford (paper draft)

10:15 am – 10:45 am Coffee Break

10:45 am – 12:30 pm Making the Environment Count

Moderator: Catherine Corson, Assistant Professor of Environmental Studies, Mount Holyoke College


Environmental Sustainability and Poverty Eradication in Developing Countries.
Edward Barbier. John S. Bugas Professor of Economics. University of Wyoming (paper draft)

Cutting the Goridan Knot. Environmental Sustainability in an Unequal World.
Sudha Vasan. Associate Professor of Sociology, University of Delhi (paper draft)

Environment as an Element of Development — the Growing Role of Energy Efficiency and Environmental Protection in Chinese Economic Policy.
Deborah Seligsohn, Principal Advisor. China Climate and Energy Program. World Resources Institute, Beijing, China. (paper draft)

2:00 pm – 3:45 pm Achieving Structural Transformation

Moderator: Eva Paus, Professor of Economics, Mount Holyoke College


Still blowin’ in the wind: Industrial Policy and Distorted Prices for Structural Transformation
Mario Cimoli, Program Officer, Division of Production, Productivity, and Management, UN Economic Commission on Latin America, Santiago, Chile. (paper draft)

Transformative Social Policy and Developmental States
Thandika Mkandawire, Chair in African Development, London School of Economics (paper draft)

Balance of Payments Dominance. Implications for Macroeconomic Policy
Jose Antonio Ocampo, Professor of Professional Practice in International and Public Affairs, Columbia University (paper draft)

3:45 pm Concluding Discussion