Conference: Rethinking Infrastructure for Development
Washington, United States of America – The Annual Bank Conference on Development Economics (ABCDE) 2006 will take place on May 29-30, 2006 in Tokyo, Japan. This year’s forum, organized under the theme ‘Rethinking Infrastructure for Development,’ will address several major topics related to infrastructure and growth, climate change, energy efficiency, rural development, agriculture and the implications for regional cooperation. The ABCDE 2006 is co-organized by the World Bank and the Ministry of Finance of Japan.
Speakers at the ABCDE 2006 include:
- Sadakazu Tanigaki, Minister of Finance, Japan
- Paul Wolfowitz, President of the World Bank
- Sadako Ogata, President, Japan International Cooperation Agency (JICA)
- Joseph Stiglitz, Professor, Columbia University
- Richard Manning, Chairman, Development Assistance Committee, OECD
- Haruhiko Kuroda, President, Asian Development Bank
- Francois Bourguignon, Chief Economist and Senior Vice-President of the World Bank
- as well as many others
The forum is a unique platform designed to expand the flow of ideas between thinkers, practitioners and policy-makers in the field of international development. By bringing together an array of academics, politicians, institutes, think tanks, civil society organizations, businesses and journalists, the ABCDE provides an excellent context to foster the exchange of knowledge on and understanding of development issues and globalization.
In 2006, the conference will be held in Tokyo, for the first time in East Asia, in recognition of Japan’s pivotal role in the provision of development assistance and in order to bring the World Bank’s research on development into closer contact with Asian perspectives. The ABCDE Tokyo 2006 will also be a milestone towards the Annual Meetings of the World Bank and the IMF to be held in Singapore in September 2006 since the discussion emerging from ABCDE2006 will be deepened by the following discussions to be made at the Singapore Annual Meetings.
The conference will also feature the first public presentation of Global Development Finance 2006, the World Bank’s annual publication providing data and analysis on capital flows to developing countries. This year’s report, entitled The Development Potential of Surging Capital Flows, reveals that international private capital flows to developing and transition countries have surged to reach a historic high in 2005. The report will be presented at an 8 a.m. breakfast for media on Tuesday, May 30 by World Bank Chief Economist François Bourguignon, and the report’s lead author, Mansoor Dailami. At 3:30 p.m. the same day, Bourguignon and Dailami will present the report at a conference panel.
Further, on Monday, May 29, the winners of the International Essay Competition 2006 will receive their awards during an award-winning ceremony. The Essay Competition is an initiative of the World Bank in partnership with UNAM University, Mexico; Jadavpur University, India; Cairo University, Egypt; University of Texas in San Antonio, USA; student organizations AEGEE (Europe) AIESEC (International) and Junior Achievement Worldwide; Africa Leadership Forum; National Federation of Egyptian NGOs; Conciencia Association, Argentina and the Glocal Forum. This competition invites young people between 19 and 25 to share ideas on and propose innovative solutions on “How they contribute to solving community problems” and on” How they influence decision-making”. More than 1,950 young people from 136 countries submitted essays focusing on education, HIV/AIDS, employment and conflict prevention.