Sustainable Cities Workshop: Housing, Local Economic Development, & Planning

Thursday, February 15, 2024
9:00 AM – 12:30 PM ET
World Bank, Main Complex

Room MC4-100 1818 H St, Washington, DC

The World Bank – GWU Sustainable Cities workshop series brings together academics and development practitioners to present and discuss key questions of common interest relating to Sustainable Urbanization. Each workshop in the series focuses on a particular topic relating to cities in developing countries. The workshops are hosted by the World Bank (Urban, DRM, Resilience and Land Global Practice) and George Washington University (Institute for International Economic Policy & Department of Economics). Funding for this project was provided by the Institute for Humane Studies.

This discussion is supported by the GW University Seminar Series on Domestic and International Perspectives on Climate Change and Water Management and the GW University Seminar Series on The Global Socio-Economic Costs of Climate Change and Unsustainable Urbanization.

9.00-9.05 — Opening Remarks: Angelica Nunez (Manager, Global Programs Unit, GPURL – World Bank)

Paper Session  Chair: Tanner Regan (GWU)
9.05-9.25 — Policy talk: Sheila Kamunyori (Senior Urban Specialist, GPURL – World Bank, Rwanda office): “Reconsidering Sites and Services
9.25-9.30 — Discussant: Vernon Henderson (LSE)
9.30-9.40 — Q&A
9:40-10.00 — Academic talk: Martina Manara (Sheffield/UCL): “Evaluating urban planning: evidence from Dar es Salaam
10.00-10.05 — Discussant: David Mason (Urban Specialist, GPURL – World Bank, Tanzania office)
10.05-10.15 — Q&A

10.15-10.30 — Break
10.30-10.50 — Academic talk: Geetika Nagpal (Brown): “Scaling Heights: Affordability Implications of Zoning Deregulation in India
10.50-10.55 — Discussant: Horacio Terraza (Lead Urban Specialist, GPURL – World Bank)
10.55-11.05 — Q&A
11.05-11.25 — Policy talk: Dao Harrison (Senior Housing Specialist, GPURL – World Bank, Singapore)
11.25-11.30 — Discussant: Stephen Malpezzi (Wisconsin–Madison)
11.30-11.40 — Q&A

Keynote Session — Chair: Angelica Nunez (Manager, Global Programs Unit, GPURL – World Bank)
11.40-12.10 — Fernando Ferriera (Wharton) “Zoning and land use regulation in Developing Countries
12.10-12.25 — Q&A
12.25-12.30 — Closing Remarks: Remi Jedwab (GWU)

The End of Growth and the Return of Ideology: Economics, Sustainability, and Technology in Xi Jinping’s China

Friday, 4th November, 2022

The Institute for International Economic Policy was pleased to invite you to the first event in the 15th annual Conference on China’s Economic Development and U.S.-China Economic Relations. This conference is co-sponsored by the Sigur Center for Asian Studies and the GW Center for International Business Education and Research (GW-CIBER).

This inaugural event featured the Director of China Programs and Strategic Initiatives at the University of Pennsylvania, Scott M. Moore, to discuss The End of Growth and the Return of Ideology: Economics, Sustainability, and Technology in Xi Jinping’s China. John Helveston (GWU) provided discussant remarks, and IIEP Distinguished Visiting Scholar Barbara Stallings moderated the event.

If the COVID-19 pandemic taught us anything, it is that the world is bound together by shared challenges—and that at the center of those challenges stands China. Thanks to decades of breakneck growth and development, Chinese officials, businesses, and institutions now play a critical role in every major global issue, from climate change to biotechnology. But China’s recent 20th Party Congress shows that Xi Jinping’s China is charting a very different path toward addressing these issues, all in the context of slowing growth in the world’s second-largest economy.

This talk drew on a recently-published book, China’s Next Act: How Sustainability and Technology are Reshaping China’s Rise and the World’s Future, to re-envision China’s role in the world in terms of sustainability and technology. This reframing is essential both because none of these increasingly pressing, shared global challenges can be tackled without China, and because they are reshaping China’s economy and its foreign policy, with major implications for the world at large. At the same time, sustainability and technology issues present opportunities for intensified economic, geopolitical, and ideological competition—a reality that Beijing recognizes.

Drawing on the book, this talk explains that the danger is that China’s next act will drive divergence on the rules and standards the world desperately needs to tackle shared challenges in the decades ahead. In some areas, like clean technology development, competition can be good for the planet. But in others, it could be catastrophic: only cooperation can lower the risks of artificial intelligence and other disruptive new technologies.

With a particular focus on climate change, this talk addressed China’s role in providing global public goods and addressing global challenges, against a backdrop of growing economic, geopolitical, and ideological rivalry with other powers.

 

Speakers:

Scott M. Moore is a political scientist, university administrator, and former policymaker whose career focuses on China, sustainability, and emerging technology. As Director of China Programs and Strategic Initiatives at the University of Pennsylvania, Scott Moore works with faculty members from across the University to design, implement, and highlight innovative, high-impact global research initiatives in areas including sustainability and emerging technology. Dr. Moore directs Penn Global’s four research and engagement fund programs, including those designed to support faculty-led projects in China, India, and Africa as well as its At-Risk Scholars Program. In addition, Dr. Moore conducts research as an affiliate of the Center for the Study of Contemporary China and The Water Center at Penn, and teaches in the Department of Political Science.

 

Discussant:

 

John Helveston is interested in understanding the factors that shape technological change, with a particular focus on transitioning to more sustainable and energy-saving technologies. Within this broader category, he studies consumer preferences and market demand for new technologies as well as relationships between innovation, industry structure, and technology policy. He has explored these themes in the context of China’s rapidly developing electric vehicle industry. He applies an interdisciplinary approach to research, with expertise in discrete choice modeling and conjoint analysis as well as interview-based case studies.

 

 

Moderator:

photo of Barbara StallingsBarbara Stallings is a William R. Rhodes Research Professor at the Watson Institute for International Studies at Brown University and editor of Studies in Comparative International Development. She is also a Distinguished Visiting Scholar at the Institute for International Economic Policy at George Washington University. Before arriving at Brown in 2002, she was director of the Economic Development Division of the UN Economic Commission for Latin America and the Caribbean in Santiago, Chile (1993–2002), and professor of political economy at the University of Wisconsin–Madison (1977–1993). She has doctorates in economics (University of Cambridge) and in political science (Stanford University) and is a specialist in development economics, with an emphasis on development strategies and international finance. In addition, she works on issues of economic relations between Asia and Latin America and comparisons between the two regions. Her recent books are Innovation and Inclusion in Latin America: Strategies to Avoid the Middle Income Trap (2016) and Promoting Development: The Political Economy of East Asian Foreign Aid (2017). Her most recent book, Dependency in the Twenty-First Century?: The Political Economy of China-Latin America Relations (2020), was selected as one of Foreign Affairs’ best books of 2020. She has taught at various universities in China and elsewhere in Asia; currently she is a distinguished visiting professor at the Schwarzman Program at Tsinghua University in Beijing.

An environmentally-augmented Multidimensional Poverty Index: The Case of Madagascar

Monday, 10th October, 2022

The continuing degradation of the environment, which constitutes a major threat to human life, urges scientists to find new reliable methods to measure the association between human well-being and the state of the environment. There is a clear nexus between human poverty and environmental issues. They have been identified as acute and urgent overlapping policy issues which demand good measures to address them jointly. At the same time, considerable research has focused on analysing the relationship between development or poverty and the environment, in particular with a focus on monetary poverty, food security, livelihoods, and other ecosystem services. This paper seeks to contribute to this policy and research work by providing a discussion of overlaps between multidimensional poverty levels and different environmental aspects and issues; and by building a Multidimensional Poverty Index (MPI) which integrates an environmental dimension and respective indicators. Using Madagascar as a case study, we focus on forest, air quality, cyclones, earthquakes, and fire, which we use to construct indicators reflecting environmental deprivations. For this, we are merging MICS and DHS household datasets with spatial environmental data.

Speakers:

  Sabina Alkireis the Professor of Poverty and Human Development and directs the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford. Previously, she worked at the George Washington University, Harvard University, the Human Security Commission, and the World Bank. She has a DPhil in Economics from the University of Oxford. Together with Professor James Foster, Sabina developed the Alkire-Foster (AF) method for measuring multidimensional poverty, a flexible technique that can incorporate different dimensions, or aspects of poverty, to create measures tailored to each context. With colleagues at OPHI, this has been applied and implemented empirically to produce a Multidimensional Poverty Index (MPI). The MPI offers a tool to identify who is poor by considering the range of deprivations they suffer. It is used to report a headline figure of poverty (the MPI), which can be unpacked to provide a detailed information platform for policy design showing how people are poor nationally, and how they are poor by areas, groups, and by each indicator.

   Herizo Andrianandrasanais a Researcher for the Oxford Poverty and Human Development Initiative. Herizo is using remote sensing and GIS techniques to look at key environmental variables that can be associated with the Multidimensional Poverty Index (MPI). He is now working with Sabina Alkire and Dyah Pritadrajati to write a paper on changes in MPI and environmental deprivations in Madagascar. Herizo completed his DPhil in 2017 at the Oxford Long Term Ecology Lab (OxLEL) Department of Zoology, University of Oxford. To OPHI’s knowledge, he is the first Malagasy person to be awarded a doctorate degree at the University of Oxford. He is a conservation practitioner with 18 years’ experience in community-based conservation approach including participatory ecological monitoring in Madagascar. He won the 2014 Tusk Award for Conservation in Africa, presented by HRH Prince William, and the 2006 Ramsar Crane Bank Award.

   Alexandra Fortacz, works as a Research Analyst for OPHI, advising and producing policy briefs and supporting research projects. She has previously worked in international relations and development in Uganda and Strasbourg, for governmental, non-governmental, and international institutions. Alexandra holds an MPhil in International Relations from the University of Oxford and a BA in Political Science from the University of Vienna. Her research interests include conflict and peace, the capability approach, multidimensional poverty, human development, human rights, and citizenship.

 

 

  Frank Vollmer, is a Researcher for the OPHI, joining in January 2018 to support the Global Multidimensional Poverty Index (global MPI) team. He is also a Lecturer in development economics at the University Jaume I, Spain. Prior to joining OPHI, Frank worked at the University of Edinburgh as a Research Associate in Agriculture and Rural Development. He also worked as a Research Fellow in Effective Development Cooperation at the German Development Institute. He has a PhD in Peace, Conflict and Development Studies from University Jaume I in Spain, and a Masters in Peace and Development Studies from University of Limerick. His research interests include measurement and determinants analysis of multidimensional poverty, and livelihood analyses, including ecosystem services for poverty alleviation assessments. His main geographical focus is on sub-Saharan Africa, particularly Mozambique. 

 

Discussant:

   Dr Han Wang, is a Postdoctoral fellow in the Blavatnik School of Government at the University of Oxford. His current research can be divided into two strands: firstly, exploring the relationship between local institutions and sustainable growth. Secondly, seeking credible strategies to reduce socio-economic inequalities. Han did his PhD in Economic Geography at the London School of Economics. During his PhD studies, he completed research consultancy work for ADB, EBRD and OECD. Wang’s research covers Asia and Europe.

 

 

 

 

Nobel Laureate Muhammad Yunus on The New Economics of Zero Poverty, Zero Unemployment, and Zero Net Carbon Emissions

Thursday, October 27th, 2022
9:00 a.m. – 10 a.m. ET
Lindner Family Commons
Elliott School of International Affairs
1957 E Street, NW, 6th Floor
and Virtually via Zoom

We are pleased to invite you to a conversation with Nobel Peace Prize laureate Muhammad Yunus, the founder of the Grameen Bank in Bangladesh who created a model for combating poverty through microlending. He is the author of three books, including Banker to the Poor and A World of Three Zeroes: The New Economics of Zero Poverty, Zero Unemployment, and Zero Carbon Emissions. The event will be moderated by Prof. James Foster, Oliver T. Carr Jr Professor of International Affairs and Professor of Economics at the George Washington University. Prof. Foster is known for developing the Global Multidimensional Poverty Index (MPI) along with Dr. Sabina Alkire. Elliott School Dean Alyssa Ayres will provide welcome remarks.

Coffee and breakfast will be provided for in-person attendees.

About the Speaker:

Picture of Muhammad YunusNobel Laureate Professor Muhammad Yunus is the founder of Grameen Bank, pioneering the concepts of microcredit and social business, founding more than 50 Social Business companies in Bangladesh. For his constant innovation and enterprise, the Fortune Magazine named Professor Yunus in March 2012 as “one of the greatest entrepreneurs of our time.” At the Opening Ceremony of the Olympic Games Tokyo 2020 Professor Yunus was conferred with the Olympic Laurel award for his extensive work in sports for development, bringing the concept of social business to the sports world.

In 2006, Professor Yunus and Grameen Bank were jointly awarded Nobel Peace Prize.

Dr. Yunus is the recipient of 63 honorary degrees from universities across 26 countries. He has received 143 awards from 33 countries including state honours from 10 countries. He is one of only seven individuals to have received the Nobel Peace Prize, the United State Presidential Medal of Freedom and the United States Congressional Gold Medal. He has appeared on the cover of Time magazine, Newsweek and Forbes magazine. In 2016 GWU awarded him the President’s Medal in recognition of his service.

Professor Yunus has been stressing the need for a basic decision of ‘No Going Back’ to the old ways of thinking and doing. He proposes to create new roads to go to a new destination by creating a World of 3 Zeros – zero net carbon emission, zero wealth concentration for ending poverty once for all, and zero unemployment by unleashing entrepreneurship in everyone.

His recent focuses are:

a) Professor Yunus has been campaigning for making the Covid 19 Vaccine as a Global Common Good since June, 2020, urging the World Trade Organization to place a temporary waiver on Intellectual Property right on vaccine to free up the global capacity to produce vaccines at all locations around the world.

b) Professor Yunus has launched a programme of creating a network of 3ZERO Clubs, each club to be formed by five young people. The programme aims to engage the global youth in initiating actions for creating solutions for global problems.

Welcome Remarks:

Picture of Alyssa AyresAlyssa Ayres was appointed Dean of the Elliott School of International Affairs at George Washington University effective February 1, 2021. Ayres is a foreign policy practitioner and award-winning author with senior experience in the government, nonprofit, and private sectors. From 2013 to 2021, she was senior fellow for India, Pakistan, and South Asia at the Council on Foreign Relations (CFR), where she remains an adjunct senior fellow. From 2010 to 2013 Ayres served as deputy assistant secretary of state for South Asia. During her tenure at the State Department in the Barack Obama administration, she covered all issues across a dynamic region of 1.3 billion people at the time (Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka) and provided policy direction for four U.S. embassies and four consulates.

Her work focuses primarily on India’s role in the world and on U.S. relations with South Asia in the larger Indo-Pacific. Her book about India’s rise on the world stage, Our Time Has Come: How India is Making Its Place in the World, was published by Oxford University Press in January 2018 and was selected by the Financial Times for its “Summer 2018: Politics” list. An updated paperback edition was released in 2019. She served as the project director for the CFR-sponsored Independent Task Force on U.S.-India relations, and, from 2014 to 2016, as the project director for an initiative on the new geopolitics of China, India, and Pakistan supported by the MacArthur Foundation.

About the Moderator:

Picture of James FosterProfessor James Foster is the Vice Dean of the Elliott School of International Affairs, Oliver T. Carr, Jr. Professor of International Affairs, and Professor of Economics at the George Washington University. He is also a Research Associate at the Oxford Poverty and Human Development Initiative at Oxford University. Professor Foster’s research focuses on welfare economics — using economic tools to evaluate and enhance the wellbeing of people. His work underlies many well-known social indices including the global Multidimensional Poverty Index (MPI) published annually by the UNDP in the Human Development Report, dozens of national MPIs used to guide domestic policy against poverty, the Women’s Empowerment in Agriculture Index (WEAI) at USAID, the Gross National Happiness Index of Bhutan, the Better Jobs Index of the InterAmerican Development Bank, and the Statistical Performance Index of the World Bank. Prof. Foster received his PhD in Economics from Cornell University and has a Doctorate Honoris Causa from Universidad Autonoma del Estado Hidalgo (Mexico).

IMF Africa REO

Wednesday, November 16th, 2022

10:00 a.m. – 12:00 p.m.

via Zoom and In-Person

We are pleased to invite you to an event titled “Living on the Edge: A Discussion of the IMF’s Africa Regional Economic Outlook” on Wednesday, November 16th, 2022 from 10:00 am – 12:00 pm EST. This event will feature two panels. The first panel, “Building a More Food-Secure Sub-Saharan Africa” will feature IMF presenters Ivanova Reyes (IMF) and Qianqian Zhang (IMF) alongside discussant Moses Kansanga (GW). The second panel, “Managing Oil Price Uncertainty and the Energy Transition,” will feature IMF presenter Hany Abdel-Latif (IMF) alongside discussant Robert J. Weiner (GW). Catherine Pattillo, a Deputy Director in the IMF’s African Department, will provide welcome remarks alongside IIEP Director Steve Suranovic. This event is co-sponsored by the Institute for African Studies.

Sub-Saharan Africa’s (SSA) recovery has been abruptly interrupted. Last year, activity finally bounced back, lifting GDP growth in 2021 to 4.7 percent. But growth in 2022 is expected to slow sharply by more than 1 percentage point to 3.6 percent, as a worldwide slowdown, tighter global financial conditions, and a dramatic pickup in global inflation spill into a region already wearied by an ongoing series of shocks. Rising food and energy prices are impacting the region’s most vulnerable, and public debt and inflation are at levels not seen in decades. Against this backdrop, and with limited options, many countries find themselves pushed closer to the edge. The near-term outlook is extremely uncertain as the region’s prospects are tied to developments in the global economy and with a number of countries facing difficult sociopolitical and security situations at home. Within this challenging environment, policymakers must confront immediate socioeconomic crises as they arise, while also endeavoring to reduce vulnerabilities to future shocks, building resilience. Ultimately, however, the region’s safety and prosperity will require high-quality growth and the implementation of policies that will set the stage for a sustainable recovery, helping countries move away from the edge.

Agenda

10:00-10:10 – Welcome and conjuncture chapter – IIEP Director Steve Suranovic and IMF Africa Deputy Director Catherine Pattillo

10:10-10:55 – Panel 1 – Building a More Food-Secure Sub-Saharan Africa
Ivanova Reyes Peguero and Qianqian Zhang – IMF Presenters
Moses Kansanga, GW Discussant
Moderator and Audience Q&A

10:55-11:10 – Coffee Break

11:10-11:55 – Panel 2 – Managing Oil Price Uncertainty and the Energy Transition
Hany Abdel-Latif – IMF Presenter
Robert Weiner, GW Discussant
Moderator and Audience Q&A

11:55-12:00 – Wrap-up

Welcoming Remarks:

Catherina Pattillo is a Deputy Director in the IMF’s African Department where she oversees work on several countries, as well as on climate change, capacity development, gender and research. Since joining the Fund from a position at Oxford University, she has worked in the Fiscal Affairs Department where she was chief of the division responsible for the IMF’s Fiscal Monitor, the Research Department, and on countries in Africa and the Caribbean, and the Strategy, Policy and Review Department where she worked on low-income country issues, and emerging issues such as gender, inequality, and climate change. She has published in these areas, as well as on Sustainable Development Goals, firm dynamics in sub-Saharan Africa, growth, investment, debt, monetary and exchange rate policies, aid, and currency crises. She received her Ph.D in Economics from Yale University.

Steve Suranovic is the Director at the Institute for International Economic Policy and an Associate Professor of Economics and International Affairs at the George Washington University.  He is the current Director of the GW Global Bachelor’s program (Shanghai), and a former Director of the Elliot School’s Masters in International Economic Policy.  He teaches courses in international economics and microeconomics principles.  His research includes theoretical analysis of the role of ethics in economics, international trade policy, behavioral models of addiction, energy policy, and climate change policy.  (RePEcGoogle ScholarResearch GateSSRN)

Professor Suranovic received his B.S. in mathematics from the University of Illinois at Urbana/Champaign and his M.S. and Ph.D. in economics from Cornell University. He has published in numerous academic journals, including the Journal of International Economics, the Canadian Journal of Economics, World Economy, and the Journal of Health Economics. His book titled, “A Moderate Compromise: Policy Choice in an Era of Globalization,” published by Palgrave-Macmillan, offers a critique of current methods of policy evaluation and choice and suggests a simple, principled, and moderate alternative.  He also has several textbooks about International Economics published by Flat World Knowledge. Professor Suranovic maintains two educational websites. The International Economics Study Center features a free online international economics textbook, and a complete Survey of International Economics course that includes a textbook, PPT presentations, video lectures, and problem sets.  The Ethical Economics Study Center features a collection of primers highlighting the role of ethical behavior in fostering good (or efficient) economic outcomes.  It also features case studies, including selected movie reviews, demonstrating how unethical behavior is often responsible for the negative outcomes attributed to free markets.

Panelists:

Ivanova Reyes is an economist working in the Regional Studies Division of the International Monetary Fund’s African Department.  Prior to joining the IMF, she worked at Gettysburg College, the World Bank, Inter-American Development Bank, Ministry of Economy of the Dominican Republic (DR), Superintendency of Pensions of the DR and Pontificia Universidad Catolica (PUCMM) of DR.  She holds a PhD in Economics from American University, a masters in economics from Georgetown University and a masters in applied macroeconomics from the Pontificia Universidad Catolica (PUC) of Chile.  Her research is focused on analyzing the impact of China’s economy on Latin America and the Caribbean.

 

Hany Abdel-Latif is an Economist in the Regional Studies Division in the IMF’s African Department. Previously, he worked as a lecturer (assistant professor) at Swansea University UK, where he taught econometrics, macroeconomics, and economic policy. His research covers commodity, financial liquidity, and geopolitical risk shocks, among other macro-financial issues. Hany is a research fellow of the Economic Research Forum (ERF) and a fellow of the Higher Education Academy (FHEA) UK. He has acted as a consultant at several institutions, including the UNDP and Cambridge University Assessment. He holds a PhD from Swansea University and an MSc from City, University of London.

 

Qianqian Zhang is an economist in the African Department at the IMF. Her research interests include fiscal policy, fiscal decentralization, gender, and development issues. She previously worked in the Fiscal Affairs Department and as a country economist for Afghanistan. She received her PhD from George Washington University and her master’s degree from Cornell University.

 

 

Discussants:

Moses Kansanga is an Assistant Professor of Geography and International Affairs at The George Washington University. He is a critical geographer whose research explores questions at the intersection of sustainable food systems and natural resource management from a political ecology perspective. For the past decade, Moses has worked with smallholder farming communities in the Global South with concentration on sustainable agriculture and natural resource politics. He received his PHD at University of Western Ontario.

 

Robert Weiner is the director of the Master of Science in International Business program and a professor of international business, public policy & public administration, and international affairs at the George Washington University School of Business, Washington D.C. He serves concurrently as deputy director of the Master of Science in Government Contracts, a joint program of the GW Schools of Business and Law. He is a faculty director of the Business School’s Center for International Business Education and Research, and an affiliate of the Elliott School of International Affairs’ Institute for International Economic Policy, Institute for Middle East Studies, Institute for Security and Conflict Studies, and Sigur Center for Asian Studies. He is also senior advisor to the Brattle Group. He received his PhD from Harvard University.

Governing Finance for Sustainable Prosperity

Wednesday, February 24, 2021
12:00 pm ET
via Zoom

A Joint Webinar of: 

IIEP Rethinking Capitalism and Democracy Series

Thunderbird Finance and Sustainability Series

Finance affects all aspects of our lives, from our economies to social cohesion to the ecological systems that we depend on for our survival. As a result, the implications of how we govern finance are truly fundamental. In the last few years, central banks and financial supervisors have been re assessing the economic and social landscape they face, as well as their broader role in achieving sustainable prosperity. Their responses to the economic fallout from the COVID-19 pandemic have increased the urgency for this review of their objectives, instruments, and institutional arrangements. This webinar examines the opportunities and challenges for financial governance, explores emerging new practices among central banks and financial supervisors, and outlines pathways for greater alignment of the governance of finance with the broader sustainability agenda.

Meet the Speakers:

Picture of Alexander BarkawiAlexander Barkawi is founder and director of the Council on Economic Policies (CEP) – an economic policy think tank for sustainability focused on fiscal, monetary and trade policy. Prior to creating and building CEP, he was the managing director of SAM Indexes and thus responsible for developing the Dow Jones Sustainability Indices into a key reference point for sustainable investing. Alex is a graduate in economics of the University of St. Gallen, Switzerland, where he also earned his doctoral degree. He grew up in Germany and Egypt and today lives in Zurich, Switzerland.

 

Picture of Jay ShambaughJay Shambaugh’s area of research is macroeconomics and international economics. His work includes analysis of the interaction of exchange rate regimes with monetary policy, capital flows, and trade flows as well as studies of international reserves holdings, country balance sheet exchange rate exposure, the cross- the country impact of fiscal policy, the crisis in the euro area, and regional growth disparities. He has had two stints in public service. He served as a Member of the White House Council of Economic Advisors from 2015-2017. Earlier, he served on the staff of the CEA as a Senior Economist for International Economics and then as the Chief Economist. He also spent 3 years as the Director of the Hamilton Project at the Brookings Institution. He is also a Faculty Research Fellow at the NBER and Non- Resident Senior Fellow In Economic Studies at Brookings. Prior to joining the faculty at George Washington, Shambaugh taught at Georgetown and Dartmouth and was a visiting scholar at the I MF. Shambaugh received his Ph. D. in economics from the University of California at Berkel ey, an M.A. from the Fletcher School at Tufts, and a B.A. from Yale University.

Picture of Ann FloriniAnn Florini is the Clinical Professor at the Thunderbird School of Global Management, Arizona State University, where she directs programs at the Washington, D.C. campus. She was previously Professor of Public Policy at Singapore Management University founding director of the Centre on Asia and Globalisation at the National University of Singapore; and a Senior Fellow at the Brookings Institution. She has spearheaded numerous international initiatives on global governance, energy and climate policy, and cross-sector collaborations including government, civil society, and the private sector. Her many books and articles have addressed governance in China, transparency in governance, transnational civil society networks, and the role of the private sector in public affairs. Dr. Florini received her Ph.D. in Political Science from UCLA and a Masters in Public Affairs from Princeton University.

Picture of Sunil SharmaSunil Sharma is a Distinguished Visiting Scholar at the Institute for International Economic Policy, Elliott School of International Affairs, The George Washington University, Washington DC, USA, and a Senior Associate at the Council on Economic Policies, Zurich, Switzerland. He was Assistant Director in the IMF’s Research Department from 2015-2018, and the Director of the IMF-Singapore Regional Training Institute (STI) in Singapore from 2006-2015. Before moving to Singapore in 2006, he was Chief of the IMF Institute’s Asian Division in Washington, D.C. Prior to joining the IMF in 1992, he was on the Economics faculty at the University of California, Los Angeles (UCLA). He has a Ph.D. and M.A. in Economics from Cornell University, and his current interests include rethinking capitalism and democracy, systemic hazards, complex systems, the international financial architecture, and the institutional structure and design of financial regulation.

Picture of James E. Foster James E. Foster is the Oliver T. Carr, Jr. Professor of International Affairs, Professor of Economics, and Co-Director of the Institute for International Economic Policy at the George Washington University. He is also a Research Associate at the Oxford Poverty and Human Development Initiative at Oxford University. Professor Foster’s research focuses on welfare economics — using economic tools to evaluate and enhance the wellbeing of people. His work underlies many well-known social indices including the global Multidimensional Poverty Index (MPI) published annually by the UNDP in the Human Development Report, dozens of national MPIs used to guide domestic policy against poverty, the Women’s Empowerment in Agriculture Index (WEAI) at USAID, the Gross National Happiness Index of Bhutan, the Better Jobs Index of the InterAmerican Development Bank, and the Statistical Performance Index of the World Bank. Prof. Foster received his PhD in Economics from Cornell University and has a Doctorate Honoris Causa from Universidad Autonoma del Estado Hidalgo (Mexico).

Moderate internationally comparable MPI

Monday February 1st, 2021

10:00 AM-11:30AM EST

Many of the current poverty measures used to track progress towards the Agenda 2030 fall short of its ambition to “end poverty in all its forms, everywhere”. This talk introduces a new measure of “moderate multidimensional poverty” that complements the current measures of acute poverty, in line with the ambitions outlined in the Sustainable Development Goals (SDGs). The new trial index, here called Moderate MPI (MMPI), builds on the basic capabilities included in the global Multidimensional Poverty Index but adjusts the indicators to reflect a meaningful change in the level of ambition anchored in the SDGs. MMPI is intended to provide a complementary measure of poverty globally, but will be most meaningful for middle-income countries and regions where acute poverty is already low and possibly no longer reflects a valid level of ambition for national development.

The main value-added of the new trial MMPI is that it: i) is globally comparable across countries at all income levels, ii) aligns the indicators with the higher standards for development as defined in the Agenda 2030, and iii) allows us to study some aspects of intrahousehold deprivation. The trial MMPI is illustrated empirically using nationally representative household surveys from Thailand, Iraq, Tanzania, Serbia, Guatemala, and Bangladesh. While data constrains remain, the results demonstrate that the MMPI is feasible, has desirable properties as a global poverty index, and allows to unearth thus far hidden aspects in poverty measurement, such as intrahousehold deprivations in education. The talk concluded by discussing the steps needed towards a wider policy relevant use of the index that would support the global development community to find sustainable pathways out of poverty

About the Presenter:

Elina Scheja SidaElina Scheja is currently working as a Lead Economist at the Swedish International Development Cooperation Agency (Sida), where her tasks include economic analysis, multidimensional poverty analytics, and advisory support. Her professional interest focus on evidence of what works for poverty reduction, how poverty can be measured in multiple dimensions, and how to promote sustainable and inclusive economic development that benefit people living in poverty. Prior to her current position, Ms Scheja was based in Rwanda managing Sida’s project portfolio for productive employment, analysing economic development, and engaging in dialogue with partners for sustainable poverty reduction. Ms Scheja has long experience in development cooperation in different roles and organisations, such as the World Bank where she worked with inclusive growth, development effectiveness, and migration. Ms Scheja holds a PhD in Economics from the University of Sussex, Masters in Economics from Helsinki School of Economics, and Masters in Development Studies from Helsinki University, and has research experience from several universities and research institutions

 

About the Discussant:

Iván González de AlbaIván González de Alba is a Country Economist at UNDP’s Country Office in Cambodia. Until August 2020, he was the Regional Policy Advisor in Poverty Reduction and Sustainable Development at UNDP’s Regional Hub for Latin America and the Caribbean. Economist and holds a Masters in Public Policy from ITAM (Mexico) as well as a Masters in Economics and a DPhil in Development Studies from the University of Oxford, England. Former OPHI collaborator, also worked for the Mexican government holding different positions at the ministries of tourism, social development and urban development.  Social protection in Africa and the regional study on environmental variables into MPIs are among his most recent publications.

Picture of Khalid

Khalid Abu-Ismail is a Senior Economist at UN-ESCWA, ERF Policy Affiliate and formerly UNDP Policy Adviser and Faculty Member of the Economics Department of the Lebanese American University.

Over 50 research papers and UN publications with a focus on poverty, inequality and human development in Arab countries, including: “Arab Vision 2030 Report” (ESCWA, 2015), “Arab Middle Class” (ESCWA, 2014), “Rethinking Economic Growth” (ILO and UNDP, 2012), “Arab Multi-Dimensional Poverty Report” (LAS, OPHI, UNICEF and ESCWA, 2017), “Rethinking Inequality in Arab Countries” (ESCWA and ERF, 2019) and lead author of the forthcoming ESCWA report on “Rethinking Human Development”. He has a D. Phil. in Development Economics from the New School for Social Research in New York.

 

About the Moderator:

Picture of James E. FosterJames E. Foster is the Oliver T. Carr, Jr. Professor of International Affairs, Professor of Economics, and Co-Director of the Institute for International Economic Policy at the George Washington University. He is also a Research Associate at the Oxford Poverty and Human Development Initiative at Oxford University. Professor Foster’s research focuses on welfare economics — using economic tools to evaluate and enhance the wellbeing of people. His work underlies many well-known social indices including the global Multidimensional Poverty Index (MPI) published annually by the UNDP in the Human Development Report, dozens of national MPIs used to guide domestic policy against poverty, the Women’s Empowerment in Agriculture Index (WEAI) at USAID, the Gross National Happiness Index of Bhutan, the Better Jobs Index of the InterAmerican Development Bank, and the Statistical Performance Index of the World Bank. Prof. Foster received his PhD in Economics from Cornell University and has a Doctorate Honoris Causa from Universidad Autonoma del Estado Hidalgo (Mexico).

 

These seminars are organized jointly with the Oxford Poverty and Human Development Initiative (OPHI) and the UNDP Human Development Report Office. They will be hosted by IIEP Co-Director James Foster.

ophi logo

Sustainability and the Architecture of Global Finance

Thursday December 3rd, 2020

12:00PM-1:30PM EST

A Joint Webinar of:

-IIEP Rethinking Capitalism and Democracy Series

-Thunderbird Finance and Sustainability Series

From central banking to fintech to the management of sovereign & private debt and investment, the architecture of global finance is evolving rapidly under growing pressures to take environmental and social issues seriously in financial decision-making. In the context of a new US administration, US economic and foreign policymakers have many options for making environmental and social sustainability a central part of global finance.

In this webinar, Simon Zadek led a discussion of the changing landscape of global finance, the recommendations of the UN Secretary General’s Task Force on Digital Financing of the Sustainable Development Goals, and the key role the US could play in remaking global finance into a pillar of a new green economic system. He was joined by discussants Ann Florini (ASU Thunderbird) and Sonja Gibbs (IIF).

This webinar was moderated by Dr. Sunil Sharma, Distinguished Visiting Scholar at the Institute for International Economic Policy, alongside IIEP Co-Director James Foster, Oliver T. Carr Professor of International Affairs and Professor of Economics. This event was co-sponsored by the Thunderbird School of Management at Arizona State University and the Institute for International Economic Policy at GWU.

About the Speakers:

Picture of Simon ZadekDr. Simon Zadek is Chair of the Finance for Biodiversity, and Director of the Migrant Nation Initiative. Until recently, he headed the secretariat of the UN Secretary General’s Task Force on Digital Financing of the Sustainable Development Goals. Previously, he was Senior Advisor on Finance in the Executive Office of the Secretary General and Co-Director of the United Nations Environmental Programme (UNEP) Inquiry into the Design of a Sustainable Financial System. In these roles, he co-Chaired China’s Green Finance Task Force, and led the Green Finance Study Group secretariat under the Chinese, German, and Argentinian G20 Presidencies. Prior to this, he was Senior Advisor to the World Economic Forum and the Global Green Growth Institute, founder and CEO of the international think tank AccountAbility, and Development Director of the New Economics Foundation. His academic affiliations have included Singapore Management University, the Copenhagen Business School, Tsinghua School of Economics and Management, Harvard`s Kennedy School of Government, and the University of Southern Africa. He has worked with many corporations, governments, and multi-stakeholder initiatives on their sustainability and broader strategies, and was a member of the International Advisory Board of Generation Investment Management. His extensive publications include the award-winning The Civil Corporation and the much-used Harvard Business Review article, ‘Paths to Corporate Responsibility’.

Picture of Ann FloriniAnn Florini is the Clinical Professor at the Thunderbird School of Global Management, Arizona State University, where she directs programs at the Washington, D.C. campus. She was previously Professor of Public Policy at Singapore Management University founding director of the Centre on Asia and Globalisation at the National University of Singapore; and a Senior Fellow at the Brookings Institution. She has spearheaded numerous international initiatives on global governance, energy and climate policy, and cross-sector collaborations including government, civil society, and the private sector. Her many books and articles have addressed governance in China, transparency in governance, transnational civil society networks, and the role of the private sector in public affairs. Dr. Florini received her Ph.D. in Political Science from UCLA and a Masters in Public Affairs from Princeton University.

Picture of Sonja GibbsSonja Gibbs is the Managing Director and Head of Sustainable Finance and Global Policy Initiatives at the Institute of International Finance (IIF). Sonja’s research interests include multi-asset investment strategy, with a focus on emerging/frontier markets, capital flows and ESG investment.  She authors the IIF’s Weekly Insight, which offers a concise perspective on global financial markets in the context of topical economic and political developments, and oversees the quarterly Global Debt Monitor, which looks across mature and emerging economies for debt-related vulnerabilities such as the rapid buildup in EM corporate debt levels.  Sonja co-leads IIF policy work on sustainable finance and infrastructure investment, including advocacy and liaison efforts vis-à-vis the G20, the multilaterals and the international regulatory community. Ms. Gibbs is a Chartered Financial Analyst (CFA), and received her M.B.A. and Bachelor’s degrees from the University of California at Berkeley.

Picture of James E. FosterJames E. Foster is the Oliver T. Carr, Jr. Professor of International Affairs, Professor of Economics, and Co-Director of the Institute for International Economic Policy at the George Washington University. He is also a Research Associate at the Oxford Poverty and Human Development Initiative at Oxford University. Professor Foster’s research focuses on welfare economics — using economic tools to evaluate and enhance the wellbeing of people. His work underlies many well-known social indices including the global Multidimensional Poverty Index (MPI) published annually by the UNDP in the Human Development Report, dozens of national MPIs used to guide domestic policy against poverty, the Women’s Empowerment in Agriculture Index (WEAI) at USAID, the Gross National Happiness Index of Bhutan, the Better Jobs Index of the InterAmerican Development Bank, and the Statistical Performance Index of the World Bank. Prof. Foster received his PhD in Economics from Cornell University and has a Doctorate Honoris Causa from Universidad Autonoma del Estado Hidalgo (Mexico).

Picture of Sunil SharmaSunil Sharma is a Distinguished Visiting Scholar at the Institute for International Economic Policy, Elliott School of International Affairs, The George Washington University, Washington DC, USA, and a Senior Associate at the Council on Economic Policies, Zurich, Switzerland. He was Assistant Director in the IMF’s Research Department from 2015-2018, and the Director of the IMF-Singapore Regional Training Institute (STI) in Singapore from 2006-2015. Before moving to Singapore in 2006, he was Chief of the IMF Institute’s Asian Division in Washington, D.C. Prior to joining the IMF in 1992, he was on the Economics faculty at the University of California, Los Angeles (UCLA). He has a Ph.D. and M.A. in Economics from Cornell University, and his current interests include rethinking capitalism and democracy, systemic hazards, complex systems, the international financial architecture, and the institutional structure and design of financial regulation.

Valuing Nature: Whales, Elephants, and the Global Economy

Thursday, November 19, 2020
12:00 p.m. – 1:15 p.m.

via WebEx

Economic systems and human well-being depend critically on natural services provided by a huge range of ecosystems. But those ecosystems are being rapidly destroyed by failure to value those services. As the understanding grows that nature provides finite and often irreplaceable inputs into human lives and livelihoods, new methods are emerging to value natural capital and incorporate those valuations into markets and public policy.

In this webinar, IMF economist Ralph Chami builds on his pathbreaking studies on whales, elephants, and other natural service-providers to lay out an accessible valuation framework that decision makers can use to build public-private partnerships, create employment opportunities, and build a nature-friendly and inclusive global economy. ASU-Thunderbird professor Ann Florini will provide discussant remarks.

This webinar was moderated by Dr. Sunil Sharma, Distinguished Visiting Scholar at the Institute for International Economic Policy, alongside IIEP Co-Director James Foster, Oliver T. Carr Professor of International Affairs and Professor of Economics. This event is co-sponsored by the Thunderbird School of Management at Arizona State University and the Institute for International Economic Policy at GWU.

Meet the Discussants:

 

Ralph Chami PictureRalph Chami is currently an Assistant Director at the IMF and leads the Western Hemisphere Division of the Institute for Capacity Development (ICD). Previously, he was Assistant Director and Division Chief in the Middle East and Central Asia Department responsible for the Regional Economic Outlook, and then the surveillance and program work on fragile states. His forthcoming book on Macroeconomic Policy in Fragile States, co-edited with Raphael Espinoza and Peter Montiel, will be published by Oxford University Press in January 2021. Before joining the IMF in 1999, he was on the Finance faculty of the Mendoza School of Business, University of Notre Dame, USA. Dr. Chami has a Ph.D. in Economics from the Johns Hopkins University, and his areas of interest include banking regulation and supervision, financial markets, remittances, and climate change.

Picture of Ann FloriniAnn Florini is Clinical Professor at the Thunderbird School of Global Management, Arizona State University, where she directs programs at the Washington, D.C. campus. She was previously Professor of Public Policy at Singapore Management University founding director of the Centre on Asia and Globalisation at the National University of Singapore; and a Senior Fellow at the Brookings Institution. She has spearheaded numerous international initiatives on global governance, energy and climate policy, and cross-sector collaborations including government, civil society, and the private sector. Her many books and articles have addressed governance in China, transparency in governance, transnational civil society networks, and the role of the private sector in public affairs. Dr. Florini received her Ph.D. in Political Science from UCLA and a Masters in Public Affairs from Princeton University.

Picture of James E. FosterJames E. Foster is the Oliver T. Carr, Jr. Professor of International Affairs, Professor of Economics, and Co-Director of the Institute for International Economic Policy at the George Washington University. He is also a Research Associate at the Oxford Poverty and Human Development Initiative at Oxford University. Professor Foster’s research focuses on welfare economics — using economic tools to evaluate and enhance the wellbeing of people. His work underlies many well-known social indices including the global Multidimensional Poverty Index (MPI) published annually by the UNDP in the Human Development Report, dozens of national MPIs used to guide domestic policy against poverty, the Women’s Empowerment in Agriculture Index (WEAI) at USAID, the Gross National Happiness Index of Bhutan, the Better Jobs Index of the InterAmerican Development Bank, and the Statistical Performance Index of the World Bank. Prof. Foster received his PhD in Economics from Cornell University and has a Doctorate Honoris Causa from Universidad Autonoma del Estado Hidalgo (Mexico).

Sunil SharmaSunil Sharma is a Distinguished Visiting Scholar at the Institute for International Economic Policy, Elliott School of International Affairs, The George Washington University, Washington DC, USA, and a Senior Associate at the Council on Economic Policies, Zurich, Switzerland. He was Assistant Director in the IMF’s Research Department from 2015-2018, and the Director of the IMF-Singapore Regional Training Institute (STI) in Singapore from 2006-2015. Before moving to Singapore in 2006, he was Chief of the IMF Institute’s Asian Division in Washington, D.C. Prior to joining the IMF in 1992, he was on the Economics faculty at the University of California, Los Angeles (UCLA). He has a Ph.D. and M.A. in Economics from Cornell University, and his current interests include rethinking capitalism and democracy, systemic hazards, complex systems, the international financial architecture,  and the institutional structure and design of financial regulation.

 

More info can be found here.

 

The Power of Public Private Partnerships to Drive Gender Equality – SDG #5

Thursday, October 17th, 2019

4:00 pm – 5:30pm

Lisner Auditorium

800 21st St NW, Washington, DC 20052

This panel aims to build a greater understanding of the power of public-private partnership investments and their ability to impact and accelerate change in support of SDG #5.

The program will provide a forum for exchange on global best practices related to education, healthcare, access to capital/business and leadership.

Please also join us for a networking reception immediately following the panel session.

MODERATOR:
Ambassador Melanne Verveer
Co-founder Seneca Women

SPEAKERS:
Stephanie von Friedeburg
Chief Operating Officer, International Finance Corporation
Jane Fraser
CEO of Latin America, Citi
Julie Monaco
Global Head of Public Sector Coverage, Citi
Henriette Kolb
Manager, Gender Business Department, International Finance Corporation
Kathryn Kaufman
Managing Director for Global Women’s Initiatives, Overseas Private Investment Corporation
Jacqueline Caglia
Director of Communications and US Programs, Merck
Jill Miller
Chief Program and Administrative Officer, Girl Rising
Anna Falth
Senior Programme Manager of the WE EMPOWER – G7, UN Women

This event is co-sponsored by Citi and the International Finance Corporation. 

Financing the Sustainable Development Goals

Wednesday, April 10th 2019 8:00 AM – 9:30 AM

Lindner Family Commons

 

Information: The last few years have witnessed a seismic shift in investors’ attitudes and demand for social and economic investments in emerging markets. Impact investing, ESG, Green Finance and SDGs are among many of the words that have recently populated investment committees and investor conferences as well as boardrooms. Leveraging GWU’s IIEP Visiting Scholar’s work on Assessing and Monitoring the Addis Ababa Action Agenda (AAA) and Citi’s GPS research, UN’s SDG: Pathways to Success- A Systemic Framework for Aligning Investment, the event will provide the opportunity to evaluate the progress of SDG financing and to appraise the degree of mobilization of private sector capital in support of the SDGs. Within this analytical context, market participants — issuers, investors, Development Financial Institutions (DFIs) and donors — will discuss the advances and challenges of financing sustainable development. The forum will seek to address the means to scale private sector capital investment, the need to institutionalise SDG financing instruments and structures and the critical contributions that public sector actors, such as donor agencies, can make to realize the “disruption” of the development aid paradigm. The discussion will also touch upon the importance of data capture and disclosure as it relates to the impact and outcomes of the SDG’s investments.  

Agenda

7:30–8:00am: Breakfast and Registration 8:00–8.05am: Welcome Remarks

  • Maggie Chen, Director, Institute for International Economic Policy, GWU
  • Julie Monaco, Managing Director, Global Head Public Sector Group, Corporate and Investment Bank, Citi

8:058:20am: Setting the Stage (Presentations of Relevant Research)

  • Ajay Chhibber, Visiting Scholar, Institute for International Economic Policy, GWU
  • Jason Channell, Head of Social & Responsible Investment Research, Citi

 8:209:30am: High-Level Panel Discussion and Audience Q&A Panelists

  • Denis Duverne, Chairman, Board of Directors, AXA
  • Mahmoud Mohieldin, Senior Vice President, 2030 Development Agenda, United Nations Relations, and Partnerships, World Bank
  • Donna Sims Wilson, President, Smith Graham & Co.
  • Sean Jones, Senior Deputy Assistant Administrator, Food Security, USAID
  • Tim Turner, Group Chief Risk Officer, African Development Bank

 

Organizing Committee: Peter Sullivan (Citi), Ajay Chhibber, Kyle Renner, Sunil Sharma (all George Washington University), and Andreas (Andy) Jobst (World Bank)

Inclusive and Sustainable Growth in India: Policy Challenges and Prospects

Wednesday, October 5, 2016

Elliott School of International Affairs
Lindner Commons, 6th floor
1957 E Street NW
Washington, DC 20052
Watch the conference videos

Click here to access the morning speakers

Click here to access the afternoon speakers

Click here to access all other remarks

To prepare for the future, India emphasizes addressing inclusive and sustainable growth, eliminating poverty, and expanding their urban sphere. The growth-orientated government faces challenges in creating efficient policy reforms to fit their agenda. Issues including poverty, inequality, lack of infrastructure, and an unfinished plan for reform limit the country’s tremendous growth prospects.

How can India utilize macro economic policy for faster growth? What additional policies are needed to boost infrastructure and urbanization? How is India responding to climate change and sustainability? How can revised policy and programs aid in eradicating poverty?

The Institute for International Economic Policy at the Elliott School of International Affairs and India’s National Institute of Public Finance and Policy hosted a conversation with top academic researchers, officials from the IMF, NIPFP, and World Bank, and current and former advisors of the Indian governments.

View the Schedule
8:30 – 9:00AM: Continental Breakfast
9:00 – 10:00AM: Opening Session
  • Welcome Address
    • Ambassador Reuben Brigety, Dean of the Elliott School
  • Key Note Address: “India’s Reform Challenges and Unfinished Reform Agenda”
    • Arvind Subramaniam, Chief Economic Advisor, Government of India 
10:00 – 11:15AM: Session I – “Macro Economic Policy for Faster Growth”
  • Chair: Dr. Ajay Chhibber, IIEP & NIPFP
  • Dr. Subir Gokarn, Exective Director, India IMF
  • Dr. Rathin Roy,  Director, NIPFP, “A Macro-Fiscal Snapshot
11:15 – 11:30AM: Coffee Break
11:30AM – 1:00PM: Session II – “India’s Commitment to Climate Change and Sustainable Growth”
1:00 – 2:00PM: Lunch: Luncheon Address
  • Dr. Junaid Kamal Ahmad, Country Director, India, World Bank 
2:00 – 3:15PM: Session III – “Infrastructure and Urban Drivers of Growth”
3:15 – 3:30PM: Coffee Break
3:30 – 4:45PM: Session IV – “Equitable Growth and Poverty Eradication: Measurement, Programs, and Policies”
4:45 – 5:30PM: Closing Address: “Getting India back to the Growth Turnpike: What will it take?
  • Dr. Rakesh Mohan, Yale University, and former Executive Director, India, IMF 
  • Dr. Ajay ChhibberIIEP & NIPFP