- At recent Stockholm conference, top economists challenge traditional approaches to development.
- Aid effectiveness, new measures of prosperity, climate change, post-crisis recovery are among debated topics.
- Economists agree: Striking a balance between belt-tightening versus pro-growth reforms is delicate.
Whether reconciling fiscal belt tightening with the need for policies to spur growth and jobs; finding new ways of measuring well-being, promoting aid effectiveness; or identifying the factors behind successful competition policy, economists and development experts are thinking in new ways and engaging across disciplines and continents.
“To effectively tackle the current global challenges, there is a great need for systematically researched knowledge to guide policy-making, political decisions and implementation. It should be underpinned by context-specific analyses,” said Gunilla Carlsson, Minister for International Development Cooperation, during opening remarks at the Annual Bank Conference on Development Economics, or ABCDE, held from May 31-June 2 in Stockholm.
See full Press Release.
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