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Explore the role of developmental banks in reshaping policies for sustainable development amidst climate change challenges. Analyze the impact of the Washington Consensus and BRICS on global economic landscapes. Delve into the legal mandates and sustainability initiatives driving change.
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Industrialisation Policy, Developmental Banks and Climate Change Sofiya Mahdi
Development and the BRICS • Justin Lin and Ha-Joon Chang • Whatis the state’srole in development? • Comparative and competitiveadvantage. • Neoclassicaleconomics
Development Banks • The BRICS and the Washington Consensus • Cornel Ban and Mark Blyth • Background on the Washington Consensus • Gerald Epstein • Growth due to central developmentbanks
The Climate Change Piece of the Puzzle • Gunther Handl • Legal mandate of developmentbanks to promotesustainabledevelopment • The leapfrogproblem • Where do the IMF and World Bank sit? • Carbonmarkets • BRICS and sustainabledevelopment initiatives
Institutional Framework • Corporateresponsibility • SustainableGovernanceIndicators • New economicdiplomacy • Multilateraldevelopmentbanks (MDBs) • Concerns: do the twopieces flow?