Panel | The New Role of the State
Panel 1 — The Future of National Resource Companies
Description
In a time of economic uncertainty, state-owned enterprises (SOEs) have reemerged as powerful players in shaping the economies of many developing nations, and in shaping the global economy as a whole. This is especially true in the extractive industries, where national resource companies (NRCs) play an immense role in the economic and political landscape of resource-rich nations. This is also a time when many changes are occurring in SOEs, including NRCs, around the globe. Increasingly, NRCs are undergoing partial privatizations in order to bring in outside capital from private investors. They are expanding their horizons and expanding beyond national boundaries, in a trend of increasing globalization. As state-sponsored capitalism continues to present an ever growing challenge to traditional capitalist models, and NRCs continue play an important role in national economies and in the global economy, it is crucial that we examine the best practices which must be implemented, and reforms which must be made, in order to maximize the value of these enterprises for all stakeholders. In this panel: Mike Lubrano, former head of IFC’s Corporate Governance Unit, now co-founder and managing director at Cartica Management, will speak towards the issue of private investment in NRCs, and on best practices which must be implemented in order to protect private investors. Nilgün Gökgür, a development economist and independent expert on SOEs, will speak towards reforms which must be made at the State level in order to ensure that the State, as principal shareholder, can extract maximum value from these enterprises. Peter Rosenblum, a professor of human rights law at Columbia Law School, will speak towards the subject from a human rights standpoint, drawing upon his unique research into the intersection of trade and investment regimes and human rights.
Mike Lubrano | PanelistMike Lubrano is a co-founder and Managing Director, Corporate Governance, of Cartica Management, an active ownership emerging markets fund manager. Prior to joining Cartica, Mr. Lubrano set up and served as Manager of International Finance Corporation’s Corporate Governance Unit. During his ten years at IFC, he designed governance turnaround programs for numerous companies in Latin America, Eastern Europe, the Middle East, Asia and Africa. In 2006, Global ProxyWatch named Mr. Lubrano one of the ten most influential people in international corporate governance. He serves on the Advisory Council of the U.S. Council of Institutional Investors and is a member of the Private Sector Advisory Group of the Global Corporate Governance Forum. Prior to joining IFC, Mr. Lubrano worked for the World Bank on the 1995 Mexican financial crisis and was an international securities lawyer with Cleary, Gottlieb, Steen & Hamilton. He received his A.B. magna cum laude from Harvard College; his J.D. cum laude from New York University School of Law; and his M.P.A from Princeton University. |
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Nilgün Gökgür | PanelistNilgün Gökgür works extensively on state-owned enterprise reforms, assessing the impact of privatizing public utilities, industrial and mining enterprises on stakeholders, and private sector development. Most recently, she has examined the resurgence of non-financial state-owned enterprises worldwide, advocating for urgent reforms to increase efficiency and reduce fiscal liability. She has conducted consulting assignments in thirty countries in Africa, the Middle East, Eastern Europe and South East Asia on behalf of The World Bank, Asian Development Bank, European Union and various bilateral development agencies. Previously, she worked at Boston Institute for Developing Economies (BIDE), Harvard Business School and the former Harvard Institute for International Development (HIID). She holds an M.P.A in development economics from the Woodrow Wilson School of Public and International Affairs, Princeton University, and an M.A. and B.A. in economics from University of Basel, Switzerland. |
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Peter Rosenblum | PanelistPeter Rosenblum has been the Lieff Cabraser Clinical Professor of Human Rights and Faculty Co-Director of the Human Rights Institute at Columbia Law School for the past ten years. Before that, he spent 7 years at the Human Rights Program at Harvard Law School, as director and clnical director, and worked for the United Nations and major international human rights groups. He is a member of the Human Rights Watch Africa Division Advisory Committee, a consultant to The Carter Center, and a board member of several small NGOs. Professor Rosenblum’s current work focuses on the intersection of trade and investment regimes, particularly in natural resources, with human rights. He is the co-author (with Susan Maples) of Contracts Confidential: Ending Secret Deals in the Exractive Sector (2009) and initiated The Carter Center’s ongoing mining project in the Democratic Republic of Congo. He is leaving Columbia, this year, to be Professor of International Law and Human Rights at Bard College. |
Panel 2 — China and the Next Development Path
Description
Since the beginning of the Reform and Opening up process in 1978, China has experienced a tremendous transformation from a sleeping giant to the second-largest economic power in the world. During the process of creating a massive market economy and capacity, China lifted more than 600 million people out of poverty, accounting for more than 75% of poverty reduction in the developing world, and created a burgeoning middle class. However, the country is now facing increasing difficulties when she progresses onto the next stage of development. National poverty alleviation measures have triggered a shift from the issue of regional poverty to structural poverty between the inland and coastal areas, as well as within the urban cities: rapid economic growth has been loaded with challenges, including rapid urbanization and labor migration, demographic pressures related to an aging population and persisting pressure on establishing a functioning social welfare system. This panel discusses what policy measures are required to address these challenges and help China achieve a sustainable growth? And what lessons does the Chinese experience offer about the process of creating this massive structure for economic growth, and how other major emerging countries can tackle their own challenges?
Keith Richburg | PanelistKeith Richburg is a well-accomplished and respected journalist, serving as New York Bureau Chief for The Washington Post from 2007 to 2009 and China correspondent from 2009 to 2013. Richburg is known for his coverage of wars in Iraq and Afghanistan and the fall of Jean-Claude Duvalier in Haiti in 1986. He is the author of Out of America, in which he discusses his experience covering stories in Africa, such as the Rwandan Genocide and cholera epidemic in the Democratic Republic of Congo. |
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Scott Moore | PanelistScott Moore is a joint Giorgio Ruffolo Doctoral Research Fellow in the Sustainability Science Program and the Energy Technology Innovation Policy project, a joint project of the Science Technology and Public Policy Program and theEnvironment and Natural Resources Program at the Belfer Center for Science and International Affairs. He is a doctoral candidate in Politics at Oxford University. He is a political and environmental scientist and is interested in the political and public policy dimensions of environmental change, particularly energy and climate, water resource, and marine issues. His dissertation is a comparative study of territorial politics and river basin management in the United States, India, China, and France. Scott is contributing to collaborative work with the Initiative on Sustainable Energy Development in China led by Professor Henry Lee. He comes to the Kennedy School from the Brookings Institution, where he researched energy and water policy implementation in China at the Brookings-Tsinghua Center for Public Policy in Beijing. Scott was an intern with the US Department of Energy China Office, a Global Governance 2020Fellow, and a youth delegate at several UN climate conferences. He is a recipient of a Truman Fellowship, Fulbright Fellowship, and Rhodes scholarship. He received a Masters of Science in Environmental Change and Management from Oxford University (2008) and a Bachelor of Arts from Princeton University’s Woodrow Wilson School of Public and International Affairs (2008). |
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Qi Wang | PanelistIn 2011, Wang Qi assumed his responsibility as the Counselor for Economic Affairs with the Chinese Embassy in the United States of America, where he started to work from 2006. Prior to taking up his current position in Washington, Wang served as the First Secretary for Economic Affairs at the Department of North American and Oceanian Affairs in the Ministry of Foreign Affairs in Beijing from 2001. From 1997–2001, he was the Second Secretary for Economic Affairs in the Chinese Embassy in the US. |
Panel 3 — Keeping the Promise: Rethinking the Role of Government
Description
Across the world, fast changing economic and political conditions are pitting states in a race between public aspirations and their ability to deliver, especially on the jobs and services agendas. Adaptation and change are often hampered by capacity gaps, established power structures, and an inability to innovate. As a result, many governments around the world are at risk of getting trapped in a cycle of weak performance and weak ability to change.
This panel will review recent experiences in Africa (with a focus on post conflict countries), the Middle East (with a focus on the “uprising countries”), and Europe (with a focus on the crisis and the periphery countries). In each case, it will evaluate the challenges ahead on the twin agenda of jobs and services, ask what new models of the state are more adapted to country circumstances. And discuss innovative interventions that can be more effective to free governments from this trap?
Ishac Diwan | ModeratorIshac Diwan is Lecturer in Public Policy and the director for Africa and the Middle East at the growth lab of the Center for International Development. Diwan received his PhD in economics from the University of California at Berkeley. He taught international finance at NYUs Business School from 1984–87. In 1987, he joined the World Bank in the Research Complex, where he focused on international finance, trade, and macroeconomics. In 1992, with the coming of the Oslo Agreements, Diwan joined the Banks Middle East department, first as the country economist for the West Bank and Gaza and later as a regional economist. He contributed to the Economic Research Forum and the Mediterranean Development Forum. Most recently, Diwan lived in Addis Abeba (2002–07) and Accra (2007–11), as the Banks Country Director for Ethiopia and Sudan first, and then for Ghana, Liberia, Sierra Leone, Burkina Faso, and Guinea. Diwan led several ambitious initiatives, such as Ethiopias Productive Safety Net, Ethiopias Protection of Basic Services Program, and in West Africa, initiatives to support commercial agriculture, natural resources development, and jobs for the youth. Diwan will be directing the Africa Growth Project from the CID, and the Economic and Political Transformation group at the ERF. |
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Andy Ratcliffe | PanelistAndy Ratcliffe is Director of Strategy and Development for the Tony Blair Africa Governance Initiative (AGI). AGI works with African leaders to build the capacity of their governments to deliver their development priorities (www.africagovernance.org). Their work focuses on the ability of the centre of government –particularly the President or Prime Minister’s Office –to manage implementation from the centre. They work at both the political level through Tony Blair and other experienced political leaders, and practically with teams of implementation systems experts based in each of their partner governments. AGI currently works in seven countries –Rwanda, Sierra Leone, Liberia, Guinea, Nigeria, South Sudan, and Malawi. |
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Omer Yalvac | PanelistOmer Yalvac is currently working as a senior advisor at the International Monetary Fund, representing the Republic of Turkey. During his career, he worked in various departments at the Turkish Treasury. He also worked as advisor to the Deputy Prime Minister Mr. Ali Babacan who has been in charge of Economic and Financial Affairs. Before joining the International Monetary Fund, he was in charge of external financing from international capital markets as the Department Head of International Capital Markets at the Turkish Treasury. Omer Yalvac received his MA degree from SIPA, Columbia University on Internal Finance and BA degree from Bogazici University on Economics. |
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Panagiotis Vlachos | PanelistA native of Athens, Panagiotis holds a BA in Law from the National and Kapodistrian University of Athens (Greece), an MA in EU Developing Countries from Panteion University and an MSc in EU Politics and Governance (LSE). A founding and leading member of non-governmental movements (Greek European Youth Association and Forward Greece), he has worked as a political and political communications advisor to political parties, institutions and politicians among many other internships and research positions. During his tenure at the Greek Ministry of Development & Competitiveness in 2010–2011, Panagiotis implemented a cohesive strategy for youth entrepreneurship, spearheaded the use of new media for public sector agencies, and coordinated the first-ever “OpenGov” public consultations on the ministry’s draft laws and presidential decrees. As a spokesman and communications director for the Ministry of Citizens’ Protection from 2009–2010, Panagiotis pioneered a series of open data policies relevant to crime, road safety, illegal migration, as well as implemented an innovative web-based tool for the minister to communicate and consult thousands of police officers on new homeland security policies. He has served as a research assistant on labor affairs at the Hellenic Parliament. Panagiotis is a founder and leading member of the newborn progressive political community “Forward Greece.” |
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Hedi Larbi | PanelistHedi Larbi is the Director of the Middle East Department at the World Bank. From 1993 until 2007, he held the following positions at the World Bank: Infrastructure Economist, Lead Sector Specialist, and Sector Manager of Transport and Urban unit in MNA. In December 2007, Mr. Larbi was appointed Country Director covering Lebanon, Jordan, Syria, Iraq and Iran. Throughout his career in the Bank he combined operational and strategic advice and leadership to countries (development strategies, operational investment programs, development and implementation of investment projects in various sectors) and to Bank senior management (country partnership and business development strategies in many Africa and MNA countries, and to staff (led and managed large sector and country teams to deliver Bank country programs). Mr. Larbi’s assignments within the Bank focused on two regions (Africa, Middle East and North Africa), and provided extensive technical and strategic cross support to other regions including Latin America and the Caribbean (LAC) and Europe and Central Asia (ECA). Prior to the World Bank, Mr. Larbi worked in private consulting firms in France and in Tunisia where he founded his own consulting firm in the 1980s. |