Description: The global economic crisis has forced a major rethink on the respective role of governments and markets in the processes of trade and growth. But while there is general acceptance of the need of some government activism in the trade and growth agenda, the nature and degree of intervention is still subject to significant debate. The choice of appropriate policies to support competitiveness, diversification, and the development and exploitation of comparative advantage is relevant for all countries but especially for low income countries and lagging regions in more developed countries. This conference brought together some of the leading academics and policymakers to discuss some of these key policy questions, revisiting the current debate on industrial policy and the coordination mechanisms that have been used to enhance trade performance, including export diversification and quality upgrading. Watch the Video Recording of the event Agenda | 9:30 - 10:00 | Opening Session - Otaviano Canuto, Vice President and Head of the Poverty Reduction and Economic Management (PREM) Network, World Bank   Â
- Justin Lin, Chief Economist and Senior Vice President, Development Economics, World Bank
| | 10:00 - 12:30 | Session I: The Case For - and Limits To - Government Intervention
Chair: Otaviano Canuto, Vice President, PREM, World Bank - The Role of Industrial Policies in Promoting Growth in China
- Revisiting the Case for Industrial Policy
- Howard Pack, Professor of Business and Public Policy, Economics, and Management, Wharton, University of Pennsylvania  Â
- Kamal Saggi, Department of Economics, Southern Methodist University
- Breaking in Through Regional Integration -Â Lessons from the EU experience
- André Sapir, European Center for Advanced Research in Economics and Statistics
- Lessons from Chile and Beyond on Growth Strategies
| | 1:30 - 3:30 | Session II: Trade Performance: Quality, Diversification and Coordination Mechanisms Chair: Shantayanan Devarajan, Chief Economist, Africa Region, World Bank Speakers: - Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies
- Clusters and Coordination of Private Sector Development Policies
- Structural Transformation and Special Economic Zones
- Bayley Klinger, Director, Entrepreneurial Finance Lab Center for International Development, Harvard University
- Ricardo Hausmann, Director of the Center for International Development at Harvard University
- Export Promotion - Building Export Platforms to Foster Growth
- Jose Luis Guasch, Senior Regional Advisor in the Latin America and Caribbean Region, World Bank
| | 3:30 - 4:00 | Closing SessionÂ
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