Outlook on the BRIC’s Economy

Due to their high growth rates, Brazil, Russia, India and China were considered the economic high-flyers of the past decade. Thus, Goldman Sachs’ Head Economist Jim O’Neill coined the acronym BRIC to refer to these countries as an entity. Research in the areas of economics and agricultural economics dealing with growth in the BRICs and their trade relations will be the main focus of IAMO Forum 2011. This scientific conference entitled “Will the BRIC’s Decade Continue? Prospects for Trade and Growth“ will take place June 23-24, 2011 in Halle (Saale), Germany.

Participants are to expect a multifaceted program. The highlights include two plenary sessions on “Growth and Development in the BRICs” and “Food Security and Sustainable Development” with a broad range of internationally renowned keynote speakers. Scott Rozelle, Stanford University, will give a speech on “Growth without Equity in Human Capial: Will China Run into a Middle Income Trap?”. Rozelle’s research focuses on China and is concerned with agricultural policy, the emergence and evolution of markets as well as poverty and inequality; he has received numerous honors and awards in recognition of his outstanding achievements. A look ahead is subject of Arvind Panagariya’s presentation “India in the Global Economy: The Next 15 Years”. Panagariya is Professor at Columbia University and a sought-after specialist concerning the development of the Indian economy. Klaus-Dieter Schumacher, Head of the Economics, Public Affairs and Corporate Communications Division at Nordzucker AG, is a recognized expert for agricultural commodity markets and will give talks on “Instabilitiy and Volatility on Agricultural Markets”. Further keynotes will be given by Francisco Ferreira, Deputy Chief Economist for Latin America and the Caribbean at the World Bank, Heike Harmgart, Principal Economist and Head of the Food Security Initiative at the European Bank for Reconstruction and Development, David Orden, Senior Research Rellow at IFPRI (International Food Policy Research Institute), and Andrei Yakovlev, Vice Rector of the Higher School of Economics in Moscow.

Furthermore, a special session on Africa and Africa’s relationship to the BRICs is planned. It was organized by Awudu Abdulai, Professor for Agricultural and Food Economics at Kiel University. Another prominent guest will Jörg Hacker, President of the German National Academy of Sciences Leopoldina, who will open the conference’s welcome reception with a lecture.

Since 2003, IAMO Forum is annually organized by Leibniz Institut of Agricultural Development in Central and Eastern Europe (IAMO). This year, it is held for the first time in cooperation with two other institutions, GIGA German Institute of Global and Area Studies and Kiel Institute for the World Economy (IfW). The conference aims to present and discuss up-to-date research findings together with renowned scholars, policy makers and industry representatives. At the same time, talented young academics are given the opportunity to present their work and to link in the global scientific community.

Everyone interested in these topics is invited to join IAMO Forum 2011. Details on the program and conference fees can be found on the homepage http://forum2011.iamo.de.

IAMO Forum 2011
„Will the BRIC’s Decade Continue? Prospects for Trade and Growth”
23-24 June 2011 | Halle (Saale)
http://forum2011.iamo.de/
Conference language: English
Accreditation
Journalists wanting to participate on one or more events of IAMO Forum 2011 are asked to contact public relations officer Rebekka Honeit. We will be pleased to arrange interviews with our keynote speakers on the sidelines of the conference.
About IAMO
The Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO) is an internationally renowned research institution. With more than 60 scientists and in cooperation

with further leading research institutions, it is addressing urgent scientific and social issues in agricultural and food economics and rural areas. Main regions under review include Central and Eastern Europe as well as Central and Eastern Asia. Since its foundation in 1994, IAMO is part of the Leibniz Association, a German community of independent research institutions.

Weitere Informationen:
http://forum2011.iamo.de – Conference homepage for IAMO Forum 2011, including information on program, conference fees, directions, acommodation, etc.

http://www.iamo.de/en – Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO)