From Macro to Micro—How Ready Is Latin America for Tougher Times Ahead?
A Latin America Initiative Event
Featuring
Augusto de la Torre
Chief Economist, Latin America and the Caribbean, The World Bank
Santiago Levy
Vice-President, Inter-American Development Bank
Nora Lustig
Professor, Tulane University
Non-Resident Fellow, Center for Global Development
Liliana Rojas-Suarez
Senior Fellow, Center for Global Development
Latin America stands out in the developing world as a region where growth prospects are being significantly revised downwards by multilateral organizations and market analysts. What’s next for a region facing slowing economic growth? To understand these developments and advance policy recommendations, the panel discussed a number of issues facing Latin American growth and development in the road ahead.
• What additional risk factors in the external environment might hit the region even harder? And is the region ready to face them? Can lower growth turn into crisis?
• Beyond the short-term outlook, what long-standing domestic constraints can seriously impair Latin America’s future growth?
• Can the productivity-gap challenges be met? How?
• After a decade of improvements, has declining inequality come to an end?