Copenhagen Consensus 2008 – Results
 
The goal of Copenhagen Consensus 2008 was to set priorities among a series of proposals for confronting ten great global challenges.
 
These challenges are: Air pollution, Conflicts, Diseases, Education, Global Warming, Malnutrition and Hunger, Sanitation and Water, Subsidies and Trade Barriers, Terrorism, Women and
Development.
 
A panel of economic experts, comprising eight of the world’s most distinguished economists, was invited to consider these issues. The members were:

• Jagdish Bhagwati, Columbia University;
• François Bourguignon, Paris School of Economics and former World Bank chief economist;
• Finn E. Kydland, University of California, Santa Barbara (Nobel laureate);
• Robert Mundell, Columbia University in New York (Nobel laureate);
• Douglass C North, Washington University in St. Louis (Nobel laureate);
• Thomas Schelling, University of Maryland (Nobel laureate);
• Vernon L Smith, Chapman University (Nobel laureate);
• Nancy Stokey, University of Chicago.

 The panel was asked to address the ten challenge areas and to answer the question, “What would be the best ways of advancing global welfare, and particularly the welfare of the developing countries, illustrated by supposing that an additional $75 billion of resources were at their disposal over a four-year initial period?”