Macro-volatility and Development;
a hocus-pocus excuse for a conference
I just received a call for papers for a conference to be held next March:
Would anyone like to co-author a submission asserting that macroeconomics has nothing to do with economic development and that the conference is a waste of time? I can imagine that this economist [Lee Coppock] might share my views."The Growth and Welfare Effects of Macroeconomic Volatility."
The conference will take place in Barcelona (at Pompeu Fabra's downtown campus) on March 17-18, 2006.
The conference will include the presentation and discussion of 12 original papers and a closing panel on policy making issues. It will serve to bring together researchers working on the long-run effects of macroeconomic volatility, with a particular emphasis on issues relevant to developing countries.
I am lecturing this week in Liberia on the importance of economic institutions that foster growth. I'll talk about property rights, free trade, monetary stability, etc. However, there is a significant issue that Liberia (and most developing nations) need to overcome before these institutions can be effective: corruption.
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