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Past Event

6th World Bank/IFS/ODI Public Finance Conference | Driving Progress: Public Finance and Structural Transformation

The 6th World Bank/IFS/ODI Public Finance Conference will take place in Washington, DC, on September 26-27, 2024, with streaming for non-presenting attendees. Theme: Driving Progress: Public Finance and Structural Transformation

Relive the Public Finance Conference!
Missed it or want a recap? Access the recordings and proceedings to revisit the key moments and insights!

The 6th World Bank/IFS/ODI Public Finance Conference took place in Washington, DC, on September 26-27, 2024, with streaming for non-presenting attendees. 

This event was part of the 2024 Tax Data Analytics Week. Visit the week¡¯s website for the full agenda and details on other events.

About the Conference

As low- and middle-income countries grow, the structure of production, trade and employment changes; it is imperative for public finance policies to evolve in tandem with these changes. Depending on a country¡¯s development model and natural resources, growth takes different forms, but it typically consists of an expansion of manufacturing and tertiary sectors, diversification of trade, and more limited reliance on primary sectors. Growth is also accompanied by increasing formalization of firms and employment, human capital accumulation and demographic shifts. The mix of tax instruments, the structure of unemployment insurance, and the financing of pension systems hence need to adapt in the process of structural change ¨C and might also have an important role in fostering those changes. 

The 2024 Public Finance Conference featured presentations from both micro and macro perspectives, that relate to the conference theme and inform policy design in low and middle-income countries. Topics included:

  • Tax policies suitable for lower-income countries on a growth trajectory;  
  • Fiscal policy aimed at promoting structural transformation, including industrial policy; 
  • Fiscal and Labor market policies addressing high informality / promoting rapid formalization; 
  • Design of government pensions systems in low and middle-income countries; 

Keynote Address 

The keynote address was delivered by , Phyllis and Irwin Winkelried Distinguished Service Professor of Economics, University of Chicago, Booth School of Business. 

Pre-Conference Side Event

Taking place just before the conference, 'The Business of Taxing Businesses in East Africa' event was held on Wednesday, September 25th at the World Bank MC Building. For more information and to watch the recordings, please visit the event website.

Public Finance Conference Agenda

All times are in EST

Partners

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Organizing Committee

Jaffar Al Rikabi, Annette Alstads?ter, Pierre Bachas, Anne Brockmeyer, Pablo Garriga, Fran?ois Gerard, Hazel Granger, Jonas Hjort, Christopher Hoy, Oyebola Okunogbe, David Phillips, Thiago Scot, Mahvish Shaukat, Dario Tortarolo, Yani Tyskerud, Ekaterina Vostroknutova, Mazhar Waseem.

DATES: September 26-27, 2024

FORMAT: In-Person and Online

VENUE: MC 2-800, Washington, DC

CONTACT: Send us inquiries at

[email protected]

Day 1 - Thursday, September 26 

8:30-9:20

Registration & Breakfast 

9:20-9:30

Opening Remarks
Manuela Francisco (Global Director, World Bank) ()

9:30-11:00

Session 1: Fiscal Policies to Promote Structural Transformation
Chair: Katia Vostroknutova (World Bank)

 ¡°Place-based Policy, Migration Barriers, and Spatial Inequality¡± 
Presenter: Nghiem Q. Huynh (University of Oklahoma) ( | | )
Discussant: Anh Pham (George Mason University)

 ¡°The Spatial Production Network and Optimal Spatial Industrial Policies: An Application in the Context of China¡± 
Presenter: Yingyan Zhao (George Washington University) ( | | )
Discussant: Elena Ianchovichina (World Bank)

¡°Bureaucrats and the Korean Export Miracle¡± 
Presenter: Philipp Barteska (London School of Economics and Political Science) ( | | )
Discussant: Juan Felipe Ria?o (Georgetown University)

11:00-11:20

Coffee Break

11:20-12:20

Keynote Session
Chair: Deon Filmer (Research Group Director, World Bank)

Keynote Speaker: , Phyllis and Irwin Winkelried Distinguished Service Professor of Economics, University of Chicago, Booth School of Business. 

12:20-13:30

Lunch Break

13:30-15:00

Session 2: Public Finances of Pensions & Social Protection
Chair: David Phillips (Institute for Fiscal Studies)

¡°Does Financial Inclusion Mitigate Social Exclusion?¡± 
Presenter: Ashish Sedai (University of Texas at Arlington) ( | | )
Discussant: William Jack (Georgetown University)

 ¡°Old-Age Pension and Labor Market Outcomes of Younger Individuals: Evidence from Uganda¡± 
Presenter: Nathan Sunday (University of Michigan) ()
Discussant: Clement Joubert (World Bank)

 ¡°Mitigating the Consequences of Job Loss: Experimental Evidence from Ethiopia¡± 
Presenter: Fran?ois Gerard (University College London) 
Discussant: Eliana Carranza (World Bank)

15:00-15:30

Coffee Break 

15:30-16:30

Egg-timer 1: Taxes in a Changing World
Chair: Mahvish Shaukat (World Bank)

¡°Structural Transformation and Tax Administration: Development and the Changing Tax System¡± 
Presenter: Luis Felipe Saenz (University of South Carolina) ()

¡°The Global Allocation of Extractive Windfalls¡± 
Presenter: Alice Chiocchetti (Paris School of Economics) ( | )

¡°Biased Tax Enforcement as A Trade Barrier: The Role of Mandated Transparency at Customs¡± 
Presenter: Jiancong Liu (Bocconi University) ( | | )

¡°Crypto Crackdown: Insights into Tax Compliance¡± 
Presenter: Mona Barake (Skatteforsk, NMBU) ( | )

 ¡°Mobile Technologies and Firm Formalization: Evidence from Uganda¡± 
Presenter: Krisztina Kis-Katos (University of G?ttingen) ( | | )

16:30-16:45

Coffee Break 

16:45-17:45

Policy Session
Chair: Kyle McNabb (Overseas Development Institute)

Title: "Sector- and location-specific fiscal policies: challenges, opportunities and lessons" 
(watch video)

Speakers:
Paula Szenkman (CIPPEC ¨C Argentina) ()
Marry-Jean V. Yasol (National Tax Research Center - Philippines) ()
Denis Mukama (Rwanda Revenue Authority) ()

Day 2 - Friday, September 27 

8:30-9:15

Registration & Breakfast

9:15-10:45

Session 3: Aggregate Effects of Public Finances
Chair: Verena Wiedemann (IFC - World Bank)

¡°Size-Dependent Policies, Informality and Misallocation¡± 
Presenter: Alexandre Sollaci (International Monetary Fund) ( | | )
Discussant: Sina Ates (Federal Reserve Board)

¡°The Macroeconomic Effects of Cash Transfers: Evidence from Brazil¡± 
Presenter: Steven Pennings (World Bank)  ()
Discussant: Mart¨ªn Caruso Bloeck (International Monetary Fund)

¡°Taxation when Markets Are Not Competitive: Evidence from a Loan Tax¡± 
Presenter: Felipe Brugu¨¦s (Instituto Tecnol¨®gico Aut¨®nomo de M¨¦xico)  ( | | )
Discussant: Leticia Juarez (Inter-American Development Bank)

10:45-11:15

Coffee Break

11:15-12:00

Eggtimer 2:  Fiscal Policy, Firms, and Labor Markets
Chair: Tim Williamson (World Bank)

 ¡°Formal Employment Dynamics and Development¡± 
Presenter: Linda Wu (University College London)  ( | )

¡°Effects of Hiring Credits on the Argentine Labor Market¡± 
Presenter: Guillermo Cruces (CEDLAS-UNLP & University of Nottingham)  ()

¡°When Are Innovation Support Programs Effective? Examples from Chile and Colombia¡± 
Presenter: Katia Vostroknutova (World Bank)  ( | )

12:00-13:00 Lunch

13:00-13:15

Info session:
An Online Database of Offshore Wealth, Profit Shifting, and Tax Rates.
Presenter: Pierre Bachas  ( | )

13:15-14:30

Session 4: Major Tax Reforms
Chair: Jaffar Al-Rikabi (World Bank)

¡°The Effects of Adopting a Value Added Tax on Firms¡± 
Presenter: Laura V. Zimmermann (University of Georgia)  ( | | )
Discussant: Li Liu (International Monetary Fund)

¡°Technology, Tax, and Domestic Trade: Evidence from Rwanda's Electronic Invoicing Expansion¡± 
Presenter: Lucas Zavala (World Bank)  ( | )
Discussant: Nada Eissa (Georgetown University)

14:30-15:00

??Closing Remarks
William F. Maloney (Chief Economist for Latin America and Caribbean, World Bank)  ( | )

Date: September 26 - 27, 2024 ET

Location: Washington, DC and Online