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Frontier Issues in Economic Growth: A Symposium from The Growth Dialogue
February 10, 2014Elliott School of International Affairs, George Washington University

This day-long symposium will take a fresh look at what has changed in the debate on drivers of economic growth and what has remained the same. It will feature prominent figures in the study of growth, including Philippe Aghion, Steven Durlauf, Simon Johnson, Dani Rodrik, and David Weil. Discussion topics will include the role of physical and human capital, the evidence on TFP in services, the vexing question of whether industrialization still holds the key to growth and development, the impact of financial crisis on growth and how it can be ameliorated by regulatory actions, and current controversies in the kind of pro-growth advice that countries may receive from the international community.

This symposium is hosted by The Growth Dialogue, a successor to the Commission on Growth and Development, which was a project supported by the World Bank between 2006 and 2008. The Commission examined the conditions for growth in the world's top-growing countries, with an eye toward policies that may contribute to rapid, sustainable growth.

The symposium is organized by Danny Leipziger, former Vice President of the World Bank's Poverty Reduction and Economic Management network, and will include participation by several World Bank experts, including Managing Director Sri Mulyani Indrawati; Shanta Devarajan, Chief Economist for the Middle East and North Africa; Francisco Ferreira, Chief Economist for Africa; and Hans Timmer, Chief Economist for Europe and Central Asia.



09.00am - 09.15am     Opening Remarks

  • Danny Leipziger (The Growth Dialogue)
  • James Foster (Institute for International Economic Policy)
  • Alistair Smith (Executive Director for Canada, World Bank)

09.15am - 10:15am     Session 1: Has sustained growth decoupled from industrialization?

  • Dani Rodrik (Institute for Advanced Study)
  • Comments:  Homi Kharas (Brookings Institution)

10:15am - 11:15am     Session 2: Is capital still the principal driver of growth in developing countries?

  • Steven Durlauf (University of Wisconsin)
  • Comments: Shanta Devarajan (World Bank)

11:15am - 11:45am     Coffee Break

11:45am - 12:45pm    Session 3: How much does the quality of human capital contribute to growth?

  • David Weil (Brown University)
  • Comments: Francisco Ferreira (World Bank)

12:45pm - 02:00pm    Lunch

02:00pm - 03:00pm    Session 4: Can services generate the gains in TFP for higher growth?

  • Philippe Aghion (Harvard University)
  • Comments: Uri Dadush (Carnegie Endowment for International Peace)

03:00pm - 04:00pm    Session 5:  Can the impact of financial crisis on growth be ameliorated by regulatory actions?

  • Simon Johnson (MIT/Peterson Institute for International Economics)
  • Comments: Hans Timmer (World Bank)

04.00pm - 05.00pm    Session 6: Is policy advice on growth useful or are we recycling old nostrums?

  • Panelists: Amar Bhattacharya (G-24); Kemal Dervis (Brookings); Danny Leipziger (The Growth Dialogue); Sri Mulyani Indrawati (World Bank)

05.00pm  - 05.30pm   Session 7: Wrap-up

  • Danny Leipziger (The Growth Dialogue)

Event Details
  • When: 9 am - 5:30 pm, Monday, February 10
  • Where: City View Room, 7th Floor, The Elliott School of International Affairs, George Washington University, 1957 E Street NW, Washington, DC
  • More Details: www.growthdialogue.org
  • RSVP by February 6: Send an email to: chong@gwmail.gwu.edu