Tuesday, September 4, 2007

Seminar and Book Launch on Globalization's Impact on Labor and Capital discussed at the InfoShop on September 13 at 12:00pm in J1-050

(Embedded image moved to file: pic14295.jpg)

&
PRMED (Economic Policy and Debt Department)

Invite you to a seminar on
|-------------------+----------------------------------------------|
| | |
| Globalization's | |
| Impact on Labor | |
| and Capital | |
| | |
| Why should the | |
| development | |
| community concern | |
| itself with what | |
| happens to | |
| workers in rich | |
| countries as a | |
| result of | |
| globalization? | |
| The answer is | |
| that if workers | |
| in these | |
| countries are | |
| perceived to be | |
| hurt by | |
| globalization | |
| this could | |
| catalyze a | |
| protectionist | |
| backlash. This | |
| could in turn | |
| slow down the | |
| process of | |
| globalization and | |
| impede developing | |
| country access to | |
| developed country | |
| markets and | |
| immigration with | |
| adverse welfare | |
| and growth | |
| consequences in | |
| developing | |
| countries. The | |
| April 2007 World | |
| Economic Outlook | |
| of the IMF | |
| devotes a chapter | |
| to the impact of | |
| globalization on | |
| workers in rich | |
| countries, the | |
| results of which | |
| will be presented | |
| by Florence | |
| Jaumotte of the | |
| IMF's Research | |
| Department. | |
| Professor Robert | |
| Reich's new book, | |
| "Supercapitalism" | |
| , discusses the | |
| emerging conflict | |
| between | |
| capitalism | |
| (enlarging the | |
| economic pie) and | |
| democracy (caring | |
| for all the | |
| citizens) in the | |
| US. And | |
| Professor Chamley | |
| will revisit his | |
| seminal | |
| contribution to | |
| the taxation of | |
| capital, which | |
| appears to be the | |
| clear winner in | |
| our globalized | |
| world. Would the | |
| result that the | |
| optimal rate of | |
| taxation on | |
| capital is zero | |
| still stand? | |
| | |
|-------------------+----------------------------------------------|

Featuring also a recent publication
|-------------------+----------------------------------------------|
| | |
| | Supercapitalism: The Transformation of |
| (Embedded image | Business, Democracy, and Everyday Life |
| moved to file: | by Robert B. Reich |
| pic32168.jpg) | From one of our most valued voices on |
| | politics, business, and the economy, |
| | best-selling author of Locked in the Cabinet |
| | and The Work of Nations - a breakthrough |
| | book on the clash between capitalism and |
| | democracy. |
| | |
| | Our economy has become more efficient than |
| | ever, with turbocharged, Web-based global |
| | capitalism morphing into supercapitalism. |
| | But as Robert B. Reich makes clear in this |
| | eye-opening book, while supercapitalism is |
| | working well to enlarge the economic pie, |
| | democracy - charged with caring for all its |
| | citizens - is becoming less and less |
| | effective under its influence. l;A highly |
| | important book - timely, impassioned, and |
| | persuasive. |
| | |
|-------------------+----------------------------------------------|

Thursday September 13, 2007 at 12:00 pm
World Bank J Building, J1- 050
701 18th St. NW corner of 18th St. and Pennsylvania Ave.
A light lunch will be served at 11:30 am


Presented by
Florence Jaumotte
Senior Economist, Research Department, International Monetary Fund
Ms. Jaumotte, after obtaining her PhD in Economics from Harvard
University in 2000, joined the Economist Program of the IMF for two
years. She subsequently worked at the OECD in Paris, doing
cross-country analyses in the areas of female labor market
participation and determinants of innovation. She rejoined the Fund
in 2005 as part of the Research Department team which produces the
World Economic Outlook and worked, among other things, on chapters
looking at the impact of globalization on inflation, labor markets,
and more recently inequality.

Robert B. Reich
Professor of Public Policy at the Goldman School of Public Policy,
University of California, Berkeley
Mr. Reich is Professor of Public Policy at the Goldman School of
Public Policy at the University of California at Berkeley. He has
served in three national administrations, most recently as secretary
of labor under President Bill Clinton. In 2003, Reich was awarded
the prestigious Vaclav Havel Foundation Prize for his pioneering
work in economic and social thought. As Secretary of Labor, Mr.
Reich implemented the Family and Medical Leave Act, led a national
fight against sweatshops in the U.S. and illegal child labor around
the world, headed the administration?s successful effort to raise
the minimum wage, secured worker?s pensions, and launched
job-training programs, one-stop career centers, and school-to-work
initiatives. In 2003, Mr. Reich was awarded the prestigious Vaclav
Havel Foundation Prize for his pioneering work in economic and
social thought.

Christophe Chamley
Professor, Boston University and Directeur d'Etude EHESS, Paris
School of Economics
Mr. Chamley has been Professor of Economics at Boston University
since 1988. He is also Directeur d?Etude EHESS, Paris (Paris School
of Economics). He received his PhD in economics from Harvard
University and taught at Yale University from 1978 to 1986. From
1986-88, he worked at the World Bank. Mr. Chamley is known for his
seminal papers on the optimal taxation of capital, which have been
published in the top economic journals.
________________________________________________________________________________________________________
About the InfoShop
The InfoShop is the public information center of the World Bank and
serves as a forum for substantial debate on international
development. Our extensive events program consists of more than 250
events over the past two years and has hosted many internationally
recognized speakers including Queen Noor, Francis Fukuyama, Jeffrey
Sachs, Amartya Sen, Joseph Stiglitz, Thomas Friedman, and Carly
Fiorina. The InfoShop functions as the only publicly accessible
space at headquarters and provides internal and external audiences
with over 15,000 titles published by the World Bank, international
organizations, and other publishers on development issues.

For more information, visit: www.worldbank.org/infoshop

Comments about the events program:

http://go.worldbank.org/TDG9T8O9K0

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