Latin America: The Post-Pandemic Decade. Conversations with 16 Latin American Economists

Edited by Eduardo Levy Yeyati and Ilan Goldfajn

in CEPR Press Books from Centre for Economic Policy Research

Abstract: For governments in the Latin America region, the Covid-19 crisis has compounded a series of pre-existing social, economic and health issues which has heaped further pressure on already strained governmental systems. This eBook brings together leading Latin American researchers and policymakers to discuss the sizeable challenges ahead and map out policy options for a sustainable, equitable and stable future for the region.

Date: 2021 Written 2021-12
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Chapters in this book:

Ch 1 The Latin American pandemic

Eduardo Levy Yeyati and Ilan Goldfajn

Ch 2 “The pandemic can be used as a cover for wasteful spendingâ€

Laura Alfaro

Ch 3 “QE in advanced economies does not provide a convincing argument for monetary financing in emerging onesâ€

Roberto Chang

Ch 4 “Even moderate increases in interest rates may be a cause of concern for fiscal sustainabilityâ€

Jose De Gregorio

Ch 5 “Good results are the best guarantee of central bank independenceâ€

Federico Sturzenegger

Ch 6 “Evidence suggests inequality and low productivity growth are intertwinedâ€

Mauricio Cardenas

Ch 7 “Social discontent can be easily mobilised to immobilise public policyâ€

Marcela Eslava

Ch 8 “Lack of progress cannot be solved by a redistributive strategyâ€

Ricardo Hausmann

Ch 9 “I have strong doubts about the possibility of having successful industrial policies in the regionâ€

Valdés, Rodrigo

Ch 10 “The international financial community should rethink its risk toleranceâ€

Alejandro Werner

Ch 11 “The pandemic packed a triple inequality-increasing punchâ€

Francisco Ferreira

Ch 12 “Replacing existing targeted programmes with a UBI would leave the poor worse offâ€

Nora Lustig

Ch 13 “The pandemic showed the importance of transitory poverty in the determination of coverage for social programmesâ€

Eric Parrado

Ch 14 “Societies are experiencing radical political fractures; Latin American countries are no exceptionâ€

Edmar Bacha

Ch 15 “My bold prediction is that we will end up reinventing social democracyâ€

Fraga, Armínio

Ch 16 “In Chile, the middle class is ‘too rich for the state and too poor for the market’â€

Andrea Repetto

Ch 17 “Colombia, Peru and Chile are entering a populist phase from which it will not be easy to escapeâ€

Velasco, Andrés

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