The 'Annual World Bank Conference on Development Economics' (ABCDE) brings together the world's leading scholars and development practitioners for a lively debate on state-of-the-art thinking in development policy and the implications for the global economy. The tenth conference dealt with four difficult topics in development:
* the role of geography in countries' success, with Paul Krugman, John Luke Gallup and Jeffrey Sachs;
* the role and design of regulation and competition policy, with Paul Joskow and Jean-Jacques Laffont;
* the causes of financial crises and ways to prevent them, with Bruce Greenwald, Asli Demirguc-Kunt and Enrica Detragiache; and
* how ethnic conflict affects democracy and growth, with Paul Collier and Donald L. Horowitz.
This volume also includes insights from Nobel Prize winner James Tobin, Stanley Fischer, Joseph E. Stiglitz, and World Bank President James D. Wolfensohn.