COMPETITIVE INDUSTRIES: FROM "WHAT" TO "HOW": IMPLEMENTING GROWTH
Saturday October 13, 2012
09:00 AM - 10:30 AM
Tokyo International Forum Hall C

Implementing policies to stimulate sustainable investment and innovation is difficult, often much more difficult than diagnosing which policies to pursue in the first place. Research and empirical evidence indicate that what separates the best performing economies from the rest is a system for policy innovation, learning, and implementation that outperforms peers in making things happen. In short, the key to economic take off is often found in "how" more than "what". Yet the state of knowledge on "how to do" it is much less advanced than "what to do". This session was panel discussion, drawing in researchers, practitioners, and building from live, current problems to try advance the state of the art while giving each participant a new idea to put in practice the day after.

Key questions addressed included:
  • How do we move from individually important initiatives pursued by various agencies to focusing on "integrated systems", which are structured to find and solve problems pro-actively moving beyond the old nostrums of "political will" and "collaboration"?
  • How do we make such systems and approaches enduring, so that innovation and competitiveness rise continually, creating and accelerating growth, rather than being one-off initiatives?
  • How do we make sure policy evaluation feeds into the design and implementation of new ideas, in practice rather than in theory?
  • How do we do all of this tomorrow, after leaving the Annual Meetings?

Panelist(s):Byron Auguste , Global leader of the Social Sector Practice, McKinsey & Co., United States
Janamitra Devan , Vice President, Financial and Private Sector Development Network, World Bank Group
Hideto Nakahara , Member of the Board, Senior Executive Vice President, Mitsubishi Corporation, Japan
Ngozi Okonjo-Iweala , Minister of Finance, Nigeria
Charles Sabel , Professor of Law and Social Science, Columbia Law School, United States
Moderator(s):Arun Maira , Member, Planning Commission, India

Organized by:Luke Jordan, Stefano Negri, and Jamile Ramadan, Financial and Private Sector Development —World Bank Group