1. Comments on Luis Carlos Jemio by Neantro Saavedra-Rivano Program in Policy Management University of Tsukuba Twenty Years of Investing in Human Capital The Joint Japan/World Bank Graduate Scholarship Program A Commemorative Conference at Keio University Tokyo, June 6, 2007 Twenty Years of Investing in Human Capital The Joint Japan/World Bank Graduate Scholarship Program A Commemorative Conference at Keio University Tokyo, June 6, 2007

2. The Program in Policy Management Established in 1995, first Partnership Program in Japan Additional scholarships from: IADB, AfDB, MEXT Within the environment of a Doctoral Program in International Political Economy 83 students from about 40 countries Established in 1995, first Partnership Program in Japan Additional scholarships from: IADB, AfDB, MEXT Within the environment of a Doctoral Program in International Political Economy 83 students from about 40 countries

3. Human Capacity Building In the modern world, the worst imbalance is the unequal distribution of knowledge and skills A noble task: to correct these imbalances A human obstacle: the brain drain Capacity building as a social endeavor In the modern world, the worst imbalance is the unequal distribution of knowledge and skills A noble task: to correct these imbalances A human obstacle: the brain drain Capacity building as a social endeavor

4. Some unconventional channels for capacity building There is more to our programs than the courses of instruction Learning is a two-way process Multiple indirect effects Delayed effects There is more to our programs than the courses of instruction Learning is a two-way process Multiple indirect effects Delayed effects