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World Development Report 2005: A Better Investment Climate For Everyone
The World Development Report 2005 was prepared by a team led by Warrick Smith, under the general direction of François Bourguignon, Senior Vice President and Chief Economist of the World Bank. The report also includes significant contributions from Bank staff or consultants on specific aspects of the report as well as through the preparation of background material for the report.

Warrick Smith              Mary Hallward-Driemeier               Gaiv Tata
George ClarkeRaj M. DesaiTimothy Irwin
Richard E. MessickStefano ScarpettaEkaterina Vostroknutova

 

 

 

Warrick Smith, Director
Since joining the World Bank's Private Sector Development Department in 1993, Warrick has advised Governments in some 50 countries in all regions on matters ranging from regulation and competition policy to the mitigation of political risk and infrastructure provision. He has also published widely on these and related topics. Before joining the Bank, he worked for the Australian government, where his responsibilities spanned business regulation, law reform and trade and investment policy. He is trained in economics, law and public administration, with degrees from the Australian National University and Harvard University.

Mary Hallward-Driemeier, Deputy Director

Since joining the World Bank's Research Department in 1997, Mary has worked on firm productivity, foreign direct investment, the Asian financial crisis and the impact of the investment climate on firm performance. She was a core member of the team which developed and mainstreamed investment climate surveys and has co-authored Investment Climate Assessments for India, China and Pakistan. Her research has been included in several books and journals including papers in the National Bureau of Economic Research Working Paper Series and the World Bank Research Observer. She has a Ph.D. in Economics from M.I.T. and an M.Sc. from Oxford University.  More


Gaiv Tata, Deputy Director
Since joining the World Bank in 1988, Gaiv has worked extensively on private sector development and public sector reform issues. His recent experience includes: a field assignment in the Bank’s Uganda country office leading implementation support for the Bank’s portfolio of activities; and responsibility for leading the dialogue on private sector development reform in several countries in Eastern and Southern Africa. He has previously worked with Diners Club, India. He has an MBA from the Wharton School, University of Pennsylvania.

George Clarke, Senior Economist
Since joining the World Bank's Research Department in 1996, George's work has focused on privatization, competition and regulation of infrastructure and banking. He has also contributed to Investment Climate Assessments in several countries including Bangladesh, Peru and Tanzania. His research has been published in several books and academic journals including the Journal of Law and Economics, the Journal of Public Economics, and the Journal of Development Economics. He has a Ph.D. in Economics from the University of Rochester.  More

Raj M. Desai, Senior Private Sector Development Specialist
Raj is currently on leave from the Edmund A. Walsh School of Foreign Service, Georgetown University, where he has been an Assistant Professor since 1998. His recent work has focused on public sector and governance reforms in developing nations, domestic responses to global financial crises, and enterprise restructuring in transition countries. He has also served as a consultant to the World Bank, the Asian Development Bank, the United Nations Development Program, and the US Department of State. He has previously worked as a private sector development specialist with the World Bank. He has a Ph.D. from Harvard University.

Timothy Irwin, Senior Economist
Since joining the World Bank in 1995, Tim has worked as a policy analyst and advisor on a broad range of infrastructure development issues worldwide including in Chile, Cote d'Ivoire, Kazakhstan, Mexico, Morocco, Nepal, Oman, Pakistan, and Vietnam. He has published widely in this area, including on matters of regulation and the allocation and measurement of risks. Before joining the Bank he worked for the OECD and the New Zealand Treasury, and he has also spent a period with the consulting firm LECG. He has an MPA in economics and public policy from Princeton University and was awarded the CFA charter in 2000.

Richard E. Messick, Senior Public Sector Specialist
Since joining the World Bank in 1998, Rick has advised on legal and judicial reform. He previously consulted or worked with the U.S. Senate, the George Washington Energy Policy Research Project, Freedom House, the Instituto Libertad y Democracia in Peru and the Ukrainian Center for Independent Political Research. His writings have appeared in journals including the American Political Science Review, Judicature and the World Bank Research Observer. He holds a J.D. from Georgetown University Law School.


Stefano Scarpetta, Adviser
Since joining the Bank's Human Development Department in 2002, Stefano has been leading research, policy, and operational support activities on labor market systems, the impact of labor and product market regulations on economic performance, and the effectiveness of labor market policies. Before joining the Bank, he was a senior economist in the Economics Department of the OECD where he led the OECD Growth and Jobs Strategy projects. He has published extensively in academic journals and edited several books in the fields of labor economics and industrial relations, economic growth, and industrial economics. He has a PhD. from the Ecole des Hautes Etudes en Science Sociales (EHESS) and an M.Sc in Economics from the London School of Economics.

Ekaterina Vostroknutova, Young Professional
Ekaterina joined the Bank in August 2003 after completing a PhD in economics at the European University Institute in Florence. She also has an MSc in applied mathematics from Lomonosov Moscow State University and MA in economics from the European University at St.Petersburg. She has participaded in numerous research projects, worked at the Robert Schuman Center for Advanced Studies in Florence and was a summer intern at the IMF in 2001. Her recent research concentrated on macroeconomics of transition from a planned to a market economy, specifically on governance and reform during transition and their impact on economic performance. Recent working papers are on corruption and the shadow economy, and on stabilization programs in Poland and Russia.




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