Financing of Innovation and Development in the Global South

25 October 2022, 5:00 pm–7:00 pm

This Discussion Panel addresses challenges of the Global South by linking their innovation systems with the national industrial development goals while coping with challenges of technological and financial dependency. The panel will focus on economic problems, reflect on research questions linking finance, innovation and political economy and analyse policy responses.

This event is free.

Event Information

Open to: All | UCL staff | UCL students | UCL alumni
Availability: Yes
Cost: Free
Organiser: UCL Institute for Innovation and Public Purpose

iippcomms@ucl.ac.uk

Watch the video here

Overview

Countries of the Global South are more vulnerable due to the volatile capital flows and less matured innovation systems that are often detached from their core production structures and/or societal challenges. What are the interdependencies between finance and innovation on one hand and between innovation and development on the other hand; and how policy makers in the Global South are navigating this complexity?

This Discussion Panel specifically addresses challenges of the Global South by linking their innovation systems with the national industrial development goals while coping with challenges of technological and financial dependency. We will focus on economic problems, reflect on research questions linking finance, innovation and political economy and analyse policy responses. This Discussion Panel precedes the launch of the Special Issue in Innovation and Development journal (forthcoming in December 2022) dedicated to the aforementioned problematics and co-edited by by Manuel Gonzalo, Olga Mikheeva and João Marcos Hausmann Tavares.

Chairs

Manuel Gonzalo: Researcher-professor in Development Economics at the National University of Quilmes, Argentina
Olga Mikheeva: Marie Curie Research Fellow at UCL IIPP
João Marcos Hausmann Tavares: Professor of Economics at Universidade Federal Fluminense (UFF – Instituto de Educação de Angra dos Reis/IEAR)

Panel

Jayati Ghosh: Professor of Economics at the University of Massachusetts Amherst, USA
Diana Barrowclough: Senior Economist in the United Nations Conference for Trade and Development, Division on Globalization and Development Strategies.

Free events, will be running online and open to public, with Q&A. This Discussion Series is convened by Dr Olga Mikheeva, o.mikheeva@ucl.ac.uk

Contact

For more information about the IIPP Governing the Transition(s) Discussion Series and learn how to get involved, please contact IIPP Communications, iippcomms@ucl.ac.uk or Dr Olga Mikheeva, o.mikheeva@ucl.ac.uk.

About the Speakers

Jayati Ghosh

Professor of Economics at University of Massachusetts Amherst

She has authored and/or edited 20 books and more than 200 scholarly articles. She has received several prizes, including the 2015 Adisheshaiah Award for distinguished contributions to the social sciences in India; the International Labour Organisation’s Decent Work Research Prize for 2011; and the NordSud Prize for Social Sciences 2010, Italy. She has consulted for international organizations including ILO, UNDP, UNCTAD, UN-DESA, UNRISD and UN Women and is member of several international boards and commissions, including the UN High-Level Advisory Board on Economic and Social Affairs, the Commission on Global Economic Transformation of INET, the International Commission for the Reform of International Corporate Taxation (ICRICT). In 2021 she was appointed to the WHO Council on the Economics of Health for All, chaired by Mariana Mazzucato. In March 2022, she was appointed to the UN Secretary General’s High-Level Advisory Board on Effective Multilateralism, mandated to provide a vision for international cooperation to deal with current and future challenges. She also writes regularly for popular media, including newspapers, journals and blogs. More about Jayati Ghosh

Diana Barrowclough

Senior Economist at United Nations Conference for Trade and Development, Division on Globalization and Development Strategies

Diana Barrowclough is a Senior Economist in the United Nations Conference for Trade and Development, Division on Globalization and Development Strategies. Before joining the UN, she lectured economics at the University of Cambridge, where she was a Fellow of St John’s College. She was educated at the University of Cambridge (PhD Economics) and the University of Auckland (MA Economics and Political Science). Her research interests focus on the interface between public and private sectors and the role of multilateral policy measures to help address global problems. Currently she is a contributing author to the UN Trade and Development Report, the manager of a two-year multi-country Development Account project 'Strengthening pro- growth macroeconomic management capacities for enhanced regional financial and monetary cooperation...' and GDS focal point for presentations and trainings. More about Diana Barrowclough

Manuel Gonzalo

Researcher-Professor in Development Economics and Associate Professor in Economics at Universidad Nacional de Quilmes and National University of Chilecito (UNDEC)

Manuel Gonzalo is a researcher-professor in Development Economics at the National University of Quilmes (UNQ) and associate professor in Economics at the National University of Chilecito (UNDEC), Argentina. His research, teaching and policy work focus on productive development, STI and international cooperation with a focus on India, South Asia, South America and the Global South. His recently published book ‘India from Latin America: Peripherization, Statebuilding, and Demand-Led Growth’ (Routledge, 2022).

João Marcos Hausmann Tavares

Professor of Economics and Researcher at Universidade Federal Fluminense, Brazil and RedeSist (UFRJ)

João Marcos Hausmann Tavares is a professor of Economics at Universidade Federal Fluminense (UFF – Instituto de Educação de Angra dos Reis/IEAR) and a researcher at RedeSist (UFRJ). He holds a PhD in economics from the Federal University of Rio de Janeiro (UFRJ) and his doctoral thesis was awarded the 2nd place in “Prêmio Brasil de Economia 2018” (COFECON). His current research has a focused on the Brazilian Crisis, its relation with political economy, innovation policies and underdevelopment. More about João Marcos Hausmann Tavares

Dr Olga Mikheeva

Marie Curie Research Fellow at UCL Institute for Innovation and Public Purpose (IIPP)

Olga is a Marie Curie Research Fellow at UCL IIPP working on development banks and financial governance of innovation and development, including financing policies to support the green transition. One of her recent publications surveys some of historical roles played by Central Banks and Finance Ministries: Governing finance to support the net-zero transition: lessons from successful industrialisation (with J. Ryan-Collins). More about Dr Olga Mikheeva