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Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies

Begins:   Jun 27, 2012 12:00
Ends:   Jun 27, 2012 13:30
Contact Person:   Viktoria Kovacs


Does What you Export Matter?
In Search of Empirical Guidance for Industrial Policies

By Daniel Lederman & William F. Maloney


Does what economies export matter for development? If so, can industrial policies improve the export basket generated by the market? Join the authors for a discussion on existing indicators of growth-promoting exports put forth by proponents of industrial policies. The authors argue that policy makers should focus less on what is produced and more on how it is produced, ultimately favoring "horizontal-ish" policies that only incidentally favor some sectors over others.

Does What You Export Matter?

Makhtar Diop
Vice President
Africa Region
World Bank

Daniel Lederman
Lead Trade Economist
International Trade Department
Poverty Reduction and Economic Management
World Bank

William F. Maloney
Lead Economist
Development Research Group
Development Economics
World Bank

Carlos Felipe Jaramillo
Country Director
Latin America and Caribbean Region
World Bank

Bernard Hoekman
Sector Director
International Trade Department
Poverty Reduction and Economic Management
World Bank

June 27, 2012
12:00 PM - 1:30 PM

Light lunch will be served

Auditorium J1-050
World Bank J Building
18th Street & Pennsylvania Ave, NW
Washington, DC


This event is sponsored by External Affairs and the International Trade Department 

PRMTR logo

Makhtar Diop
Vice President, Africa Region, World Bank
Mr. Diop, a former Senegalese Economy and Finance Minister, is the World Bank’s new Vice President for its Africa region. From 2009-2012, Mr. Diop was the Country Director for Brazil, managing the World Bank’s largest country program. Prior to this appointment, he served variously as Director for Strategy and Operations in the Latin American region; Director for Finance, Private Sector, and Infrastructure in the same region; and Country Director for Kenya, Eritrea, and Somalia. Before joining the World Bank, Mr. Diop also worked as an economist at the International Monetary Fund in Washington DC. He has had extensive experience in banking and finance in the Africa region.

Daniel Lederman
Lead Economist, International Trade Department, World Bank
Mr. Lederman is a Lead Economist in the World Bank's International Trade Department. During 2005-2011 he was a Senior Economist in the World Bank's Development Research Group. Daniel has written extensively on a broad set of issues related to economic development, including financial crises in emerging markets, crime, political economy of reforms, economic growth, innovation and international trade. His writings have been published in the American Economic Review, Journal of Law and Economics, European Economic Review, Journal of Development Economics, Economics and Politics, Journal of International Business Studies, among others. He has also authored several books, including The Political Economy of Protection, Lessons from NAFTA, and From Natural Resources to the Knowledge Economy.

William F. Maloney
Lead Economist, Development Economics Research Group, World Bank
Mr. Maloney is Lead Economist in the Development Economics Research Group, Macro Economics and Growth Division at the World Bank. Previously, he worked in the World Bank’s Office of the Chief Economist (OCE) of the Latin America and Caribbean region. Dr. Maloney has published on issues related to international trade and liberalization, speculative attacks on currencies, and developing country labor markets, and innovation. Before joining the Bank permanently, Mr. Maloney was a Professor of Economics at the University of Illinois, Urbana-Champaign (1990-1997), as well as a consultant for the World Bank on Mexico (1994-95) and Nigeria (1986) and the Harvard Kennedy School of Government (1982). 

Carlos Felipe Jaramillo
Country Director, Latin America and Caribbean Region, World Bank
Mr.Jaramillo is Country Director and Lead Economist for Central America at the World Bank. Previously, he has held positions as the World Bank’s director for the Andean region and as sector administrator for the World Bank’s Poverty Reduction and Economic Management Network (PREM) for Europe and Central Asia. He also held various positions in the public administration of Colombia, including as head of the Colombian trade negotiating team with the US. Mr. Jaramillo has been a professor at the Universidad de Los Andes in Bogotá and the University of Maryland, and has authored four books and numerous publications in professional magazines.

Bernard Hoekman
Director, International Trade Department, World Bank
Mr. Hoekman is Director of the International Trade Department at the World Bank. Previously, he was the research manager for trade and integration at the World Bank and the manager of the trade capacity building program of the World Bank Institute. He has worked extensively on countries in the Middle East. Before joining the World Bank in 1993 he was a research economist in the GATT Secretariat in Geneva. Mr. Hoekman also serves as a Research Fellow of the London-based Centre for Economic Policy Research and the Cairo-based Economic Research Forum for the Arab Countries, Iran and Turkey.


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