IA Events

Book Launch: 'Rethinking Reforms: How Latin America and the Caribbean Can Escape Suppressed World Growth'

Publication date: Mar 26, 2013 4:25:12 PM

Start: Apr 24, 2013 1:00:00 PM
End: Apr 24, 2013 3:00:00 PM

Location: UCL-Institute of the Americas, 51 Gordon Square, London, WC1H 0PQ

The Institute of the Americas at UCL is delighted to host the launch of the IDB's (Inter-American Development Bank2013 Latin American and Caribbean Macroeconomic Report, titled, 'Rethinking Reforms: How Latin America and the Caribbean can Escape Suppressed World Growth".

According to this report, global growth projections have waned since last year and growth may be suppressed below potential for several years to come. Lower global growth will, all things being equal, imply lower growth in Latin America and the Caribbean. At the same time, clear limits to the potential use of monetary and fiscal policy measures pose another constraint. Consequently, countries should consider further structural reform measures to enhance economic prospects and to escape suppressed global growth. If all countries pursue reforms to enable growth to accelerate by 1.5% on average, then the effect on the region as a whole may reach 2.3% additional growth per annum.

The report will be presented by Andrew Powell, Principal Advisor to the Research Department of the IDB. David Lubin, Managing Director, Head of Emerging Markets Economics at Citigroup, will be discussant. The event will be chaired by Celia Szusterman of the Institute for Statecraft.

Attendance to this event is free of charge, but registration is required.