5/8/08

Good Intentions, Bad Outcomes: Social Policy, Informality and Economic Growth in Mexico

A Global Economy and Development and Wolfensohn Center for Development Event
A communication from: Brookings Institution

Event Summary
Despite a decade of macroeconomic stability, Mexico’s growth and productivity performance has been lackluster. A significant factor restricting the Mexican economic growth rate is a social policy that gives workers incentives to seek informal, low-productivity jobs and restricts firms from making strides in growth and investment opportunities.
Event Information
When

Tuesday, May 13, 2008
4:00 PM to 5:30 PM
Where

Saul/Zilkha Rooms
The Brookings Institution
1775 Massachusetts Ave., NW
Washington, DC
Directions

Contact: Brookings Office of Communications

E-mail: events@brookings.edu

Phone: 202.797.6105
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On May 13, the Wolfensohn Center for Development at Brookings will host a discussion with Santiago Levy, Brookings nonresident senior fellow and former deputy minister of finance of Mexico. Levy, along with a panel of leading experts, will discuss his new book Good Intentions, Bad Outcomes: Social Policy, Informality and Economic Growth in Mexico (Brookings Institution Press, 2008). In 1997, Levy created Progresa-Oportunidades, an anti-poverty program, focusing on nutrition, health and education. The program has been replicated in over 25 countries and New York City and has helped more than five million families escape from poverty by means of cash transfers. In his book, Levy recommends that these social programs should not be eliminated, but rather improved so that productivity and real wages will increase for all workers and contribute to bringing Mexico’s poor out of poverty.

After the program, speakers will take audience questions. A reception will follow the event.

Participants

Introduction
Lael Brainard
Vice President and Director, Global Economy and Development

Moderator
Johannes F. Linn

Executive Director, Wolfensohn Center for Development

Panelists

Santiago Levy
Nonresident Senior Fellow, Global Economy and Development

Jere Behrman
W.R. Kenan, Jr. Professor of Economics and Director of the Population Studies Center, University of Pennsylvania
Nancy Birdsall

President, Center for Global Development
Francisco Ferreira

Lead Economist, Development Research Group, The World Bank