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Workshop - Industrial Policy and the Role of Human Capital

November 4-5, 2024
Online
The World Bank

Women working in a factory.            

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The Chief Economist Office for the Latin America and Caribbean Region at the World Bank invites you to participate in a one-and-a-half-day workshop on Industrial Policy and The Role of Human Capital, featuring presentations from top academic researchers and a panel of representatives from multilateral organizations discussing the implications for the region.

There is a revival of Industrial Policy as an instrument to create jobs, foster innovation, improve productivity and accelerate growth. Its effectiveness depends on the tools used for implementation, the process employed to target specific industries, firms or activities, and the preparedness of the economy in terms of institutions, infrastructure, and in particular, human capital. Human capital is an essential ingredient both in the design, implementation and undergirding of Industrial Policy through at least four channels. The first, and most extensively explored, is the quality of the labor force. The second involves encouraging innovation through better reallocation of inputs, including inventors. The third, pertains to the quality of entrepreneurs and managers, which leads to better decision-making and managerial practices.

Finally, improving the level of human capital within the governments enhances institutional capacity, thereby increasing the government´s ability to effectively target its tools, evaluate those targets, and shield them from political pressures and market failures.

If you have any queries or for more details, please contact Fiorella Garcia fgarciavargas@worldbank.org

DAY 1 – November 4, 2024

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Welcome and opening remarks

Carlos Felipe Jaramillo, Vice President, for Latin America and the Caribbean, World Bank

Industrial policy and workers

 

Panel moderated by Jaime Saavedra, Human Development Director for Latin America and the Caribbean, World Bank

Speakers

Discussants

Industrial policy and innovation

 

Panel moderated by Florence Jaumotte, Division Chief of the Structural and Climate Policies Division, IMF

Speakers

Discussants

Presentation of the World Development Report

Session moderated by William F. Maloney, Chief Economist for Latin America and the Caribbean, World Bank

Indermit Gill, Chief Economist, World Bank

Industrial policy and managers / entrepreneurs

Panel moderated by Maria Aristizabal, Economist, Division of International Finance, Federal Reserve Board

Speakers

Dicussants

Industrial policy and state capacity

Panel moderated by Andres Valenciano, Chief of Washington Office, ECLAC

Speakers

Discussants