Yale Bulletin and Calendar

Ranis will help assess usefulness of World Bank

Gustav Ranis, the Henry R. Luce Director of the Yale Center for International and Area Studies (see related story below), has been named a member of a commission to assess the activities and usefulness of the World Bank and other multilateral banks in emerging markets.

The commission has been set up by the Carnegie Endowment for International Peace, Emerging Market Partners and the Inter-American Dialogue.

Skeptics have argued that multilateral development banks are no longer relevant for countries with reasonable access to capital. The commission will examine this use and recommend new policies appropriate to today's global economy. It will present its final report and recommendations to the policy community in the United States and abroad at the time of the April 2001 meetings of the World Bank and International Monetary Fund.

The commission is cochaired by former U.S. Federal Reserve chair Paul Volcker and former Mexican finance minister José Angel Gurria.

YCIAS awarded Carnegie grant to support study of globalization

The Yale Center for International and Area Studies (YCIAS) has secured a three-year grant of $445,000 from the Carnegie Corporation for a multi-disciplinary program on "Globalization and Self-Determination."

The program, which will run through February of 2004, will examine globalization in the context of two challenges to self-determination — the forces that threaten national sovereignty from "outside" the state, including integrated markets, the emergence of regional institutions to govern these markets and multilateral institutions; and attacks on political boundaries from "inside" the nation state, such as decentralization and self-defined groups' autonomous decisions on how to govern themselves.

Key faculty members for this new program include Geoffrey Garrett, professor of political science and director of the Ethics, Politics and Economics Program; Gustav Ranis, the Henry R. Luce Director of YCIAS and the Frank Altschul Professor of International Economics; and Arun Agrawal, associate professor of political science.

One of the goals of the project is to train a new generation of scholars and leaders interested in globalization and the changing nature of state sovereignty. The program will include academic workshops, a public conference, discussion forums, short-term visitors, and several publications for both the academic and lay communities.

The grant will also fund pre-dissertation and dissertation grants for graduate students, as well as summer travel support for undergraduate students, and will offer five prizes per year for the best student papers on related issues.