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Can Foreign Direct Investment Facilitate Green Transition?

October 15, 2019

The World Bank HQ, Washington DC


VIDEO Oct 15, 2019

  • What is the impact of foreign acquisitions on plant-level energy intensity?  Do foreign divestments reverse these effects? Is the effect of FDI inflows visible at the industry level? Why is there relatively little green investment in local firms in the ECA region?  Can countries use investment promotion to shift production toward greener sectors? All those questions and more will be addressed at the lecture.

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    Beata Javorcik

    Chief Economist, the European Bank for Reconstruction and Development

    Beata Javorcik joined the EBRD as its new Chief Economist on September 1, 2019. As the EBRD’s Chief Economist, she is responsible for advising the President and other senior members of the Bank’s management team on economic issues of strategic or operational relevance to the EBRD regions. Dr. Javorcik is on leave from the University of Oxford, where she holds a Statutory Professorship in Economics (the first woman in this position) and is a Fellow of All Souls College. She is a member of the Royal Economic Society’s Executive Committee and a Director of the International Trade Programme at the Centre for Economic Policy Research in London. She holds a Ph.D. in Economics from Yale and a B.A. in Economics (Summa cum Laude) from the University of Rochester.


    Asli Demirgüç-Kunt

    Chief Economist, Europe and Central Asia, World Bank

    Asli Demirgüç-Kunt is the Chief Economist for the Europe and Central Asia region at the World Bank. Prior to this, Asli was Director of Research in the Development Economics Vice-Presidency. Since joining the Bank in 1989 as a young economist, Asli has held several other positions, including Director of Development Policy, Chief Economist of Financial and Private Sector Development Network, and Senior Research Manager, doing research and advising on financial sector and private sector development issues.



  • The ECA Lectures are monthly events chaired by Asli Demirgüç-Kunt, Chief Economist for Europe and Central Asia. The Lecture Series brings distinguished academics, policymakers and other experts to the Bank to discuss issues relevant for the Europe and Central Asia region. The series aims to bring cutting edge research and thinking to challenge and contribute to the Bank’s intellectual climate, and reexamine conventional wisdom in current development theories and practices.  Please visit the ECA Chief Economist homepage for more information and details.