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.
Yesterday the IFC began its second International Forum on Investment in Private Higher Education. The focus was on innovations in the K-12 subsector and featured five speakers: Carl Bistany, President of Sabis; Raul Mendez, Rector at UNITEC in Mexico; Kagan Kalinyazgan, General Manager of YUCE IT Academy in Turkey; David Copeland, Chairman of Te Ketelpurangi in New Zealand; and Laura Perez, Dean at Technologica Monterrey in Mexico.
In this ADB lecture, William Easterly once again criticizes the central planning of the aid industry, and in particular the UN institutions – including the World Bank. He favors a bottom-up approach led by searchers. (He labels us planers.) I agree with some of his arguments, though soon grew tired of this ‘planers vs. searchers’ imagery. What about doers?
Transparency International has released their Global Corruption Report 2006. This year’s edition has a special focus on corruption and health.
Wharton hopes to solve thorny development problems by recasting them as business opportunities. Ian MacMillan’s paper “Societal Wealth Creation via Experimental Entrepreneurship” reports on four pilot projects that have received seed funding. As Knowledge-@-Wharton puts it: