Perspectives on Global Development 2013
Rethinking development Strategies in a Shifting World: How to Mobilise the Private Sector?
An event jointly organized by the OECD Development Centre and the European Development Finance Institutions
29 February 2012, 15:00 – 18:00
2 rue André Pascal, 75016 Paris
Main conference: Room CC-15
The Fast-changing Global Economic Landscape calls for a fresh look at National Growth Strategies
- Over the last 20 years the global economy has undergone a structural transformation: the world’s centre of economic and political gravity has moved East and South, from OECD members towards emerging economies. We refer to this phenomenon as Shifting Wealth.
- This shift documented in the OECD Development Centre’s Perspectives on Global Development 2010 report is characterized by unprecedented growth performance in the developing world over the last decade and the emergence of new patterns in assets and flows. The new found prosperity has brought along greater resources and contributed to broaden the fiscal space.
- Indeed, the rise of emerging economies transforms patterns of trade and consumption worldwide. Yet, the new economic opportunities that it opens are marred by concerns about the sustainability of current growth patterns and structural weaknesses in developing and emerging economies. In this context, strong strategic planning is essential to induce the necessary structural changes for an inclusive and sustainable growth in developing countries. The question of the sustainability of growth involves not only economic but also environmental considerations that raise the question of compatibility and convergence of objectives.
- This situation calls for a re-examination of development strategies and models of growth, and as a consequence a reappraisal of cooperation modalities. The Centre aims to identify the diversity of emerging new growth strategies of developing countries and their implications for development cooperation through a series of events in the context of its 50th Anniversary, and in the third edition of its flagship publication Perspectives on Global Development (dated 2013). A critical step in the process of defining new development strategies will be to look into policies and practices for governments and partners to promote private sector development.
Exploring ways of Mobilising the Private Sector Effectively
- The Centre, in co-operation with the Association of the European Development Finance Institutions (EDFI), will organise a policy dialogue event on how to promote a vibrant private sector in the changing global economic landscape and on the implications for development cooperation.
- This event will be organised on 29 February 2012, back-to-back with the OECD Development Centre’s 50th Anniversary High Level Meeting (1st March 2012). The DEV-EDFI event will turn the spotlight on private sector development and feed into the debates of the Centre’s High Level Meeting on national development strategies and on the OECD Strategy on Development, currently being elaborated by the Organisation.
- Conclusions will be summarised in a synthesis note and used in the preparation of the Perspectives on Global Development 2013 on New Strategies for Development to be published early 2013. The report will showcase best practice in enabling structural changes required for inclusive and sustainable development, and review the implications for development co-operation.
15:00 – 15:15 Opening remarks
- Mario Pezzini - Director, OECD Development Centre
- Nanno Kleiterp - CEO of the Dutch Development Bank FMO and Chairman of EDFI
Rethinking growth Strategies in a Shifting World: How to Mobilise the Private Sector?
The private sector is a driving force of economic and industrial development. It plays a critical role in achieving poverty reduction, notably through job creation. As the changing global context opens new market and technology opportunities, governments in developing countries strive to stimulate the development of a vibrant private sector that achieves its employment potential and productivity gains. Building on the recent experience of African, Latin American and Asian countries, this conference will address the following issues:
- What are the current challenges and opportunities for private sector development in developing economies? What can government policies do to support the private sector? Through which channels?
- What are the barriers for private sector development, in particular for financing private sector development?
- What would private sector or governments like capital providers to bring along?
- What type of governance can foster a fruitful dialogue between private and public stakeholders?
15:15 – 15:45 Keynote speech
Lant Pritchett - Kennedy School of Government, Harvard University
15:45 – 17:45 Panel
Moderator: Courtney Fingar - editor, FDI magazine, FT Ltd
Andris Piebalgs - Commissioner for Development, European Commission
Armida Alisjahbana - Minister of National Development Planning and Head of BAPPENAS, Indonesia
Najib Boulif - Minister in Charge of General Affairs and Governance, Morocco
Joao Carlos Ferraz - Deputy President, BNDES, Brazil
Moulay Hafid Elalamy - General Director, Groupe Saham, Morocco
Ayisi Makatiani - Managing Partner and CEO, Fanisi Capital Ltd
Hiroto Arakawa - Senior Special Advisor, Japan International Co-operation Agency (JICA), Japan
Nanno Kleiterp - CEO of the Dutch Development Bank FMO and Chairman of EDFI
17:45 – 18:00 Concluding remarks
Carlos Alvarez - Deputy Director, OECD Development Centre
* to be confirmed