Governance, Equity, and Global Markets: The Annual Bank Conference on Development Economics - Europe

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This collection of papers from the 1999 ABCDE reflects the fact that economic trends are demanding a more intense flow of ideas and expertise between developed and developing worlds. While there is growing recognition of the need for macroeconomic stability, there is no consensus on how to balance this need with pressing social needs.
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Product Details

  • ISBN-13: 9780199241552
  • Publisher: Oxford University Press, USA
  • Publication date: 8/28/2001
  • Pages: 352
  • Product dimensions: 5.90 (w) x 9.00 (h) x 0.80 (d)

Table of Contents

List of Contributors
Opening Speech
Opening Speech
1 Transition: The First Ten Years 5
Comment 18
2 Quis Custodiet Ipsos Custodes?: Corporate Governance Failures in the Transition 22
3 Privatization and Institutions in Developing and Transition Economics 57
4 Different Approaches to Bankruptcy 67
5 The Institutional Infrastructure of Competition Policy 77
6 The Evolution of Legal Institutions and Economic Regime Change 83
7 Cross-Sectional Wage and Employment Rigidities versus Aggregate Employment 93
Comment 102
8 Institutions and the Workings of the Labour Market 105
Comment 108
9 Separation of Powers and Development 113
Comment 117
10 Bureaucratic Corruption and Political Accountability 120
Comment 131
11 Independence and Accountability of Central Banks 137
Comment 143
12 Poverty and Inclusion from a World Perspective 151
13 Safety Nets, Savings, and Informal Social Security Systems in Crisis-Prone Economies 167
Comment 179
14 Pension Reform and Demographic Trends: Is Funding the Solution? 184
Comment 196
15 Regional Integration Agreements: A Force for Convergence or Divergence? 201
16 Asymmetric Regionalism in Sub-Saharan Africa: Where do we Stand? 215
Comment on Chapters 15 and 16 225
17 Benefits and Costs of EU Enlargement: Theoretical and Practical Considerations on Trade Policy Issues 227
18 The Precautionary Principle: Different Cases and Viewpoints 237
19 Energy Crisis versus Climate Change: Is there a Lesson to be Learned? 245
20 Global Governance for Environment Equity and Efficiency 248
21 Protecting the Global Environment: Towards Effective Governance and Equitable Solutions 258
Comment on Chapters 20 and 21 262
22 R & D in Developing Countries: What Should Governments Do? 271
23 Gender Economics: Just Another Dummy Variable? 281
Comment 287
24 Financial Fragility, Crises, and the Stakes of Prudential Control 293
Comment 302
25 Growth and External Debt: A New Perspective on the African and Latin American Tragedies 309
Comment 321
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