PRESENTATION & OPENING REMARKS
Alicia Bárcena, Executive Secretary, United Nations Economic Commission for Latin America and the Caribbean (CEPAL)
PANELISTS
Nancy Birdsall, Senior Fellow and President Emeritus, Center for Global Development
Marcello Estevão, Global Director, Macroeconomics, Trade & Investment, World Bank
Eric Parrado Herrera, Chief Economist and General Manager, Research Department, Inter-American Development Bank
Jorge Roldos, Assistant Director, Western Hemisphere Department, International Monetary Fund
MODERATOR
Sanjeev Gupta, Senior Policy Fellow, Center for Global Development
ABOUT THE EVENT
In recent years, Latin American countries have undertaken major fiscal consolidation measures in an effort to reduce their deficits and accumulation of debt. Despite improvements in fiscal position throughout the region, the rate of inequality reduction has slowed, capital spending (in terms of GDP) has fallen to its lowest levels since 2007 and fiscal revenues remain insufficient to finance achievement of the Sustainable Development Goals (SDGs).
Amid an uncertain macroeconomic context and fiscal consolidation, this slowdown requires a fine-tuning of policy measures. This event launches the new CEPAL Publication Fiscal Panorama of Latin America and the Caribbean, 2019, examining the role of tax policy in achieving the Sustainable Development Goals (SDGs). The paper analyses the constraints of domestic resource mobilization caused by fiscal incentives and how these incentives could, instead, be geared towards investment to foster sustainable and inclusive development.
Coffee and a light breakfast will be available beginning at 8:30 am.
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