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Top economists discuss financial crisis in developing world

21 Jan 2010

Some of the world’s leading economists are to discuss ways to alleviate the devastating effects of the world recession on developing countries this week.

Coordinated by Kunal Sen, Professor of Development Economics and Policy at The University of Manchester, speakers include Professor Alan Winters, DFID’s Chief Economist and Duncan Green, Oxfam’s Head of Research.

Also speaking are Professor Graciela Kaminsky, a leading scholar on economic crisis, and Professor Duncan Thomas, the President of BREAD, the internationally known research network for development economics.

Dr. Andrew Mold,a senior economist from the OECD and Dr Augustine Fosu, Deputy Director of the UN University’s WIDER programme will also contribute to the event on 21 and 22 January.

The conference is organised by the Brooks World Poverty Institute (BWPI), Institute for Development Policy and Management (IDPM), and Department of Economics, all at The University of Manchester

It is supported by the Economic and Social Research Council and the Development Studies Association.

Professor Sen said: “The financial crisis of 2007-2009 has been the most significant economic downturn in advanced market economies since the Great Depression.

“While we know a great deal about the effects of the crisis on developed countries we know surprisingly little about its impact on developing countries.

“We shall be investigating the nature of the crisis, how it has impacted on global poverty and ways that developing countries can respond.

“Our distinguished panel of economists will throw some important light on these issues.”

Notes for editors

A full programme for the Second Annual ESRC Development Economics Conference is available at http://www.sed.manchester.ac.uk/research/events/conferences/developmenteconomics/
Journalists wishing to attend should contact:

Mike Addelman
Media Relations
Faculty of Humanities
The University of Manchester
0161 275 0790
07717 881567
michael.addelman@manchester.ac.uk

Professor Alan Winters, is Chief Economist at the UK Department for International Development

Duncan Green is the author of From Poverty to Power and has been Oxfam GB’s Head of Research since November 2004.

Dr. Andrew Mold is a senior economist at the OECD Development Centre in Paris.

Dr Augustin Fosu is Deputy Director, UN University-WIDER, Helsinki, Finland; and honorary RDRC Research Fellow, University of California-Berkeley.

Professor Graciela Kaminsky is Professor of Economics and International Affairs, George Washington University, USA.

Professor Duncan Thomas is Professor of Economics, Duke University, USA.