King's International Development Institute Launch Conference 7 - 8 November
Listen to podcast of Dr Andy Sumner, Co-Director, discussing emerging economies, the changing global order, and new models of development.
The launch of the International Development Institute was celebrated with a two-day conference. On the evening of the 7th of November the Institute, in conjunction with Ipsos Mori, held a major seminar to consider which countries would be the new global leaders and influence models of growth and prosperity for developing nations over the next 20 years. This event included the presentation of new research into attitudes around the globe to models of economic development. The seminar was introduced by Professor Evelyn Welch, Vice-Principal (Arts & Sciences), King's College London with speakers Dr Andy Sumner, Co-Director, International Development Institute, Duncan Green, Author of From Poverty to Power and Oxfam GB’s Senior Strategic Adviser, Dr Paola Subacchi, Research Director of International Economics, Chatham House and Bobby Duffy, Managing Director of the Social Research Institute at Ipsos MORI and Visiting Senior Research Fellow at King's College London. Ritula Shah, presenter of The World Tonight, BBC Radio 4, chaired the panel.
The following day, 8th of November, a series of panels discussed various papers themed around the following statement: ‘The balance of economic and political power appears to have shifted as rising nations question the prevailing global order. Success stories like China, India and Brazil have offered alternatives to an increasingly discredited and long resented model of development promoted by Western powers. Yet significant challenges remain – growth in the BRICs has slowed and many question whether recent deceleration might signal a ‘bust’ for emerging markets. How then, should we understand the rise of the emerging economies? Are they a passing phenomenon or do they call into question our basic understanding of the criteria for developmental success? Which countries will be the next leaders in a new world?’ The panels were made up of academics from the Institute, the University of London and across the world:
Panel 1: National Models
Al Montero, Carleton College: Why Developmentalism Persists in Democratic Brazil
Minglu Chen, University of Sydney: The China model: one country, six authors
Nahee Kang, King’s College London: From the Model of Development to a Model of Transformation: A Structural Interpretation of How South Korea Overcame the Middle-Income Trap
Eka Ikpe, King’s College London: The state, oil and economic transformation: Examining Nigeria, with some lessons from Indonesia
Discussant: Alfredo Saad-Filho, School of Oriental and African Studies
Panel 2: Innovation and Industrialisation
Eva Paus, Mount Holyoke: Globalization and the Middle Income Trap: Implications for Latin American Development
Ken Shadlen, London School of Economics: The New Politics of Patents, Technology, and Innovation in Development
Luciano Ciravegna, Royal Holloway, UoL: Creating Shared Value Strategies - effects on coffee farmers
Discussant: Diego Sanchez, Oxford
Panel 3: Social Policy Experiments
James McGuire, Wesleyan University: Conditional Cash Transfers in Bolivia: Origins, Impact, and Universality
Armando Barrientos, Manchester University: Social protection in the BICS: A new model?
Ed Gomez, King’s College London: The Challenge of Overcoming Health Disparities and Disease in the B.R.I.C.S and other Emerging Economies: International Politics, Institutions, and Civil Society
Discussant: John Taylor, King’s College London
Panel 4: Fiscal Policy and Energy
Paul Segal, King’s College London: Redistribution and Natural Resource Entitlements: Who Benefits from Mexican Oil?
Oksan Bayulgen, University of Connecticut: Breaking Brics: Challenges and Opportunities of the 21st Century Energy Revolution
Discussant: Leif Wenar, King’s College London
Following the panel the eminent academic and economist, Robert Wade (London School of Economics) gave the keynote lecture: Emerging world order? Economic power and global governance in the 21st century