Jun 17

Past Event

Learning from the Global Economic Crisis: IDB and IMF Reports for Latin America


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In the aftermath of the most severe global crisis in recent times, Latin American and Caribbean nations have shown remarkable economic resilience, but it is time to take a closer look.

On June 17, the Latin America Initiative at Brookings welcomed experts from the Inter-American Development Bank (IDB) and International Monetary Fund (IMF) to examine the long-term outlook for the region in the context of the financial crisis, the recovery and challenges ahead. Two new reports spurred the discussion. Alejandro Izquierdo, principal economist of IDB’s research department, and Ernesto Talvi, executive director of the Center for the Study of Economic and Social Affairs, highlighted key findings from ”The Aftermath of the Crisis: Policy Lessons and Challenges Ahead for Latin America and the Caribbean.” Nicolás Eyzaguirre, director of the Western Hemisphere at the IMF, and Steve Phillips, chief of the Regional Studies Division at the IMF, discussed the IMF’s Regional Economic Outlook: “Taking Advantage of Tailwinds.”

Guillermo Calvo, professor of economics, international and public affairs at Columbia University; Nancy Lee, deputy assistant secretary for the Western Hemisphere, Office of International Affairs at the U.S. Department of Treasury; and Brookings Senior Fellow Mauricio Cárdenas, director of the Latin America Initiative, discussed the report’s findings based on regional perspectives. Brookings Senior Fellow Carol Graham moderated the discussion.

Event Agenda

  • Moderator

  • Presenters

    • Alejandro Izquierdo

      Principal Economist, Research Department
      Inter-American Development Bank

    • Ernesto Talvi

      Executive Director
      Center for the Study of Economic and Social Affairs

    • Nicolás Eyzaguirre

      Director, Western Hemisphere Department
      International Monetary Fund

    • Steve Phillips

      Chief of the Regional Studies Division
      International Monetary Fund

  • Discussants

    • Guillermo Calvo

      Professor of Economics, International and Public Affairs

      Director of the Program in Economic Policy Management
      Columbia University

    • Mauricio Cárdenas


      Senior Fellow

    • Nancy Lee

      Deputy Assistant Secretary for the Western Hemisphere, Office of International Affairs

      U.S. Department of Treasury


June 17, 2010

8:30 AM - 10:30 AM EDT

The Brookings Institution

Saul/Zilkha Rooms

1775 Massachusetts Avenue, NW


For More Information

Brookings Office of Communications

(202) 797-6105