Rapid privatization is harmful if you don’t first address institutions. So say Sergio Godoy and Joseph Stiglitz in ‘Growth, Initial Conditions, Law and Speed of Privatization in Transition Countries’:
This second IFC International Forum for Investment in Private Higher Education closed on Friday with a flurry of suggestions from the audience about future events and topics.
IISD has released a timeline of sustainable development, 1962-2006. Available in English and Mandarin.
Yesterday the forum got underway with opening remarks by Mr. Wolfowitz, who drew on his experience as ambassador in Indonesia to focus on poverty and the limited access to education which perpetuates it. He called on the World Bank and the IFC to work together to increase access for the poor, but also to offer quality education and value for students whose families struggle financially to allow them to attend school.
This was followed by an overview of the global trends in this sector and by a presentation on the state of the US private higher education market.