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Better Banking Policies to Blunt COVID-19 Crises in Latin America and the Caribbean

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Date & Time:
September 16
3:00 pm - 4:15 pm EDT
Add to Calendar September 16 3:00 pm September 16 4:15 pm America/New_York Better Banking Policies to Blunt COVID-19 Crises in Latin America and the Caribbean

INTRODUCTION

Masood Ahmed, President, Center for Global Development
Eric Parrado, Chief Economist and General Manager, Inter-American Development Bank Research Department

PRESENTATION

Andrew Powell, Principal Advisor, Inter-American Development Bank Research Department​​​​​​
Liliana Rojas-Suarez, Director of the Latin America Initiative and Senior Fellow, Center for Global Development

DISCUSSION

Alberto Carrasquilla, Minister of Finance and Public Credit, Colombia
Alexandre Tombini, Chief Representative for the Americas, Bank for International Settlements and former Governor, Central Bank of Brazil

ABOUT THE EVENT

COVID-19 has taken a large toll on lives and on economies in Latin America and the Caribbean and it is far from over. The deep recession and the serious income losses for families and firms may bring significant challenges for financial sys­tems. As a result, good policies will be critical to navigate the coming months. What are the best policies to avoid widespread problems for banks and to ensure they can play a constructive role in the economic recovery? Join us for the launch of the CGD-IDB Working Group report “Sound Banks for Healthy Economies: Challenges for Policymakers in Latin America and the Caribbean in Times of Coronavirus” that delineates the main policy options, trade-offs and recommendations for policymakers regarding the region’s financial system.

Location of the event
Issues:
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INTRODUCTION

Masood Ahmed, President, Center for Global Development
Eric Parrado, Chief Economist and General Manager, Inter-American Development Bank Research Department

PRESENTATION

Andrew Powell, Principal Advisor, Inter-American Development Bank Research Department​​​​​​
Liliana Rojas-Suarez, Director of the Latin America Initiative and Senior Fellow, Center for Global Development

DISCUSSION

Alberto Carrasquilla, Minister of Finance and Public Credit, Colombia
Alexandre Tombini, Chief Representative for the Americas, Bank for International Settlements and former Governor, Central Bank of Brazil

ABOUT THE EVENT

COVID-19 has taken a large toll on lives and on economies in Latin America and the Caribbean and it is far from over. The deep recession and the serious income losses for families and firms may bring significant challenges for financial sys­tems. As a result, good policies will be critical to navigate the coming months. What are the best policies to avoid widespread problems for banks and to ensure they can play a constructive role in the economic recovery? Join us for the launch of the CGD-IDB Working Group report “Sound Banks for Healthy Economies: Challenges for Policymakers in Latin America and the Caribbean in Times of Coronavirus” that delineates the main policy options, trade-offs and recommendations for policymakers regarding the region’s financial system.

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