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Industrialisation Policy, Developmental Banks and Climate Change. Sofiya Mahdi. Development and the BRICS. Justin Lin and Ha- Joon Chang What is the state’s role in development ? Comparative and competitive advantage . Neoclassical economics. Development Banks.
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Industrialisation Policy, Developmental Banks and Climate Change Sofiya Mahdi
Development and the BRICS • Justin Lin and Ha-Joon Chang • Whatis the state’srole in development? • Comparative and competitiveadvantage. • Neoclassicaleconomics
Development Banks • The BRICS and the Washington Consensus • Cornel Ban and Mark Blyth • Background on the Washington Consensus • Gerald Epstein • Growth due to central developmentbanks
The Climate Change Piece of the Puzzle • Gunther Handl • Legal mandate of developmentbanks to promotesustainabledevelopment • The leapfrogproblem • Where do the IMF and World Bank sit? • Carbonmarkets • BRICS and sustainabledevelopment initiatives
Institutional Framework • Corporateresponsibility • SustainableGovernanceIndicators • New economicdiplomacy • Multilateraldevelopmentbanks (MDBs) • Concerns: do the twopieces flow?