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16. Building Accountability for Shared Growth Watch Video Connection Speed: High Speed Low Speed    Event Title : PREM Conference 2006 Date : 2006-04-26 Duration : 100 minutes Language  : English Country/Region : World Keyword :  Poverty  Anti-Corruption  Governance Presenter : Tim Besley Louise Cord Ashraf Ghani Karl Jackson David Nussbaum | Related Material | Recommendations |Related B-SPAN Videos |  DESCRIPTION  On April 25 and 26, 2006, the Poverty Reduction and Economic Management (PREM) Conference 2006 was convened in Washington, DC, to discuss the theme of “Microeconomic and Institutional Foundations of Growth.” The conference offered an opportunity to reflect on issues at the heart of the World Bank’s engagement with clients. The key theme was how to accelerate economic growth and reduce poverty in light of the broadening agreement that economic growth is the basic condition for achieving and sustaining social progress and development. This panel addressed the topic of “Building Accountability for Shared Growth,” and was chaired by Karl Jackson, Advisor to the President of the World Bank. Tim Besley, Professor at the London School of Economics and Political Science, was introduced by Louise Cord, Bank Sector Manager for Poverty Reduction at the World Bank. Besley spoke about the institutions and policies required to create broad-based poverty reduction. He highlighted a need for open access and institutional restraints, and the role of the media in democratization. David Nussbaum, Chief Executive of Transparency International, spoke on “nodes” of accountability, providing an understanding of where critical examination takes place across a governance and donor system. He discussed the problems of applying this to the private sector, and the need to properly sequence reforms in accountability. Ashraf Ghani, Chancellor at Kabul University and former Afghan Minister of Finance, commented on the classifications of conflict and postconflict countries. He also discussed regulation as an accountability measure, using cell phone licenses as an example, and asserted that the current aid system supports corruption. The audience questioned the panel about lending approaches to anticorruption, the process of stabilizing a corrupt system, and the Bank’s own procurement and project system.  RELATED MATERIALS   PREM (World Bank staff only) Conference Agenda (World Bank staff only) Related World Bank and Other Links: World Bank: PovertyNet Related B-SPAN Events: Attacking Extreme Poverty Seminar Business, NGOs, and Development RELATED B-SPAN EVENTS Poverty (258) Anti-Corruption (29) Governance (120)