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Drawing on the development experience and advances in economic analysis since the 1950s, World Development Report 2024 identifies what developing economies can do to avoid the “middle-income trap.” Lower-middle-income countries must go beyond investment-driven strategies—they must also adopt modern technologies and successful business practices from abroad and infuse them across their economies. Upper-middle-income countries need to accelerate the shift to innovation, by pushing the global frontiers of technology. This requires reconfiguring economic structures governing enterprises, labor, and energy use—in ways that enable greater economic freedom, social mobility, and political contestability.
Format: The four-hour hybrid event will commence with opening remarks from World Bank officials and will be followed by a presentation by the report’s co-author. The event will round out with two interactive panel discussions and conclude with audience questions. Invitees include: ministry officials, development partners, academia etc.
You can find more information about the WDR2024 here.
9:00 – 9:30 a.m. | Registration & Welcome Refreshments
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9:30 – 9:35 a.m. | Event Begins
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9:35 – 9:40 a.m. | Jamaica National Anthem
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9:45 - 9:52 a.m. | Opening Remarks by Lilia Burunciuc, World Bank Director for the Caribbean
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9:52 - 10:00 a.m. | Welcome Remarks - Government of Jamaica
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10:00 - 10:05 a.m.
| Introduction of the Presenter |
10:05 - 10:30 a.m.
| Presentation: Somik Lall, Director of WDR2024 and Senior Advisor to the Chief Economist |
10:30 - 10:35 a.m.
| Introduction of Panelists | Moderator |
10:35 - 11:20 a.m.
| Panel 1 Discussion - Fostering Growth Through Human Capital Development Moderated by Emri Ozaltin, Program Leader, Human Development, World Bank
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11:20 - 11:30 a.m.
| Audience Q&A |
11:30 – 11:40 a.m. | Coffee Break |
11:40 – 11:45 a.m. | Moderator
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11:45 a.m. – 12:30 p.m. | Panel Discussion - What can Caribbean countries do to avoid the Middle-Income Trap? Moderated by Maria Vagliasindi, Lead Economist, Development Economics Vice Presidency
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12:30 p.m. – 12:40 p.m. | Audience Q&A
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12:40 – 12:50 p.m. | Closing reflections from panel 2 participants.
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12:50 - 1:00 p.m. | Closing remarks: by Lilia Burunciuc, World Bank Group Caribbean Director & Somik Lall, Director of WDR2024 and Senior Advisor to the Chief Economist
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1:00 p.m. | Refreshments |
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