Regional and Global Integration, and Development: What is New?
|Location:||Prague, Czech Republic|
The AfDB, through one of its Principal Evaluation Officer in the Operations Evaluation Department, Albert-Enéas Gakusi, attended the 11th Annual Global Development Conference organized by the Global Development Network (GND) in Prague (Czech Republic) from January 16 to 18, 2010.
The conference provided a great opportunity to learn from past and ongoing research on macro-economic issues, regional integration, evaluation and development measurement.
In his paper, Mr. Gakusi shares the outcomes of the conference, which was attended by 450 economists and social scientists, including the world’s big thinkers.
The conference underscored that four processes are at the heart of successful integration:
(a) setting clear and shared objectives;
(b) proceeding step-by-step, but taking great care over initial steps;
(c) paying attention to costly external barriers; and
(d) establishing a framework for handling shocks.
The conference sought to tackle the big questions arising from the present uncertain context.