Liliana Rojas-Suarez
ExpertiseMacroeconomic policy, international economics, financial markets, Latin America, regional public goods InitiativeGlobalization and InequalityResearch TopicsCapital Flows/ Financial Crises, Private Investment, RegionsEducationPh.D. in Economics from the University of Western Ontario. BackgroundLiliana Rojas-Suarez is a Senior Fellow at the Center for Global Development. She is also the Chair of the Latin American Shadow Financial Regulatory Committee (CLAAF). From March 1998 to October 2000, she served as Managing Director and Chief Economist for Latin America at Deutsche Bank. Before joining Deutsche Bank, Ms. Rojas-Suarez was the Principal Advisor in the Office of Chief Economist at the Inter-American Development Bank. Between 1984-1994 she held various positions at the International Monetary Fund, most recently as Deputy Chief of the Capital Markets and Financial Studies Division of the Research Department. She has been a Visiting Fellow at the Institute for International Economics and has also served as a Professor at Anahuac University in Mexico and an Advisor for PEMEX, Mexico's National Petroleum Company. Ms. Rojas-Suarez has also testified before a Joint Committee of the US Senate on the issue of dollarization in Latin America. Ms. Rojas-Suarez has published widely in the areas of macroeconomic policy, international economics and financial markets. Her most recent publications include: Can International Capital Standards Strengthen banks in Emerging Markets (The Capco Institute Journal of Finance 2002), Why So High? Understanding Interest Rate Spreads in Latin America (ed. With P. Brock, IDB, 2000), "What Exchange Rate Arrangements Work Best for Latin America", World Economic Affairs, (Autumn 2000) and Financial Regulation: Why, How and Where Now? (With C. Gooddhart et al, Routledge, 1998). Non-CGD PublicationsRojas-Suarez, Liliana, "Toward a Sustainable FTAA: Does Latin America Meet the Necessary Financial Preconditions?" (2002) Institute for International Economics. Working Paper No. 02-4. Rojas-Suarez, Liliana, "International Standards for Strengthening Financial Systems: Can Regional Development Banks Address Developing Countries Concerns?" (February 2002). Prepared for the Conference on: Financing for Development: Regional Challenges and the Regional Development Banks at the Institute for International Economics. Rojas-Suarez, Liliana, "Can International Capital Standards Strengthen Banks in Emerging Markets?" (2001) Institute for International Economics. Working Paper No. 01-10. Rojas-Suarez, Liliana, "Rating Banks In Emerging Markets: What Credit Rating Agencies Should Learn From Financial Indicators" (2001) Institute for International Economics. Working Paper No. 01-06. Michael P. Dooley & Donald J. Mathieson & Liliana Rojas-Suarez, 1997. "Capital Mobility and Exchange Market Intervention in Developing Countries" NBER Working Papers 6247, National Bureau of Economic Research, Inc. Rojas-Suarez, L & Weisbrod, S-R, 1997. "Financial Markets and the Behavior of Private Savings in Latin America" Working Papers 340, Inter-American Development Bank, Research Department. Mathieson, Donald J. and Rojas-Suarez, Liliana, "Capital Mobility and Exchange Market Intervention in Developing Countries" (November 1996). IMF Working Paper No. 96/131 McNelis, P.D. & Rojas-Suarez, L., 1996. "Exchange rate depreciation, Dollarization and Uncertainty: A Comparison of Bolivia and Peru" Working Papers 325, Inter-American Development Bank, Research Department. Rojas-Suarez, L. & Weisbrod, S.R., 1996. "Banking crises in Latin America: Experience and Issues" Working Papers 321, Inter-American Development Bank, Research Department. Rojas-Suarez, L. & Weisbrod, S.R., 1996. "Building Stability in Latin American Financial Markets" Working Papers 320, Inter-American Development Bank, Research Department. Rojas-Suarez, L. & Weisbrod, S.R., 1996. "Managing Banking Crises in Latin America: The Di's and Don'ts of Successful Bank Restructuring Programs" Working Papers 319, Inter-American Development Bank, Research Department. Rojas-Suarez, L. & Weisbrod, S., 1994. "Achieving Stability in Latin American Financial Markets in the Presence of Volatile Capital Flows" Working Papers 304, Inter-American Development Bank, Research Department. Rojas-Suarez, Liliana and Weisbrod, Steven R., "Financial Market Fragilities in Latin America: From Banking Crisis Resolution to Current Policy Challenges" (October 1994). IMF Working Paper No. 94/117 Mathieson, Donald J. and Rojas-Suarez, Liliana, "Liberalization of the Capital Account: Experiences and Issues" (June 1992). IMF Working Paper No. 92/46 Weisbrod, Steven R., Lee, Howard and Rojas-Suarez, Liliana, "Bank Risk and the Declining Franchise Value of the Banking Systems in the United States and Japan" (June 1992). IMF Working Paper No. 92/45 Mathieson, Donald J. and Rojas-Suárez, Liliana, "A Framework for the Analysis of Financial Reforms and the Cost of Official Safety Nets" (May 1992). IMF Working Paper No. 92/31 Rojas-Suarez, Liliana, "Currency Substitution and Inflation in Peru" (May 1992). IMF Working Paper No. 92/33 Rojas-Suárez, Liliana, "From the Debt Crisis Toward Economic Stability: An Analysis of the Consistency of Macroeconomic Policies in Mexico" (March 1992). IMF Working Paper No. 92/17 Khor, Hoe and Rojas-Suarez, Liliana, "Interest Rates in Mexico: The Role of Exchange Rate Expectations and International Creditworthiness" (January 1991). IMF Working Paper No. 91/12 Rojas-Suárez, Liliana, "Risk and Capital Flight in Developing Countries" (July 1990). IMF Working Paper No. 90/64 Mathieson, Donald J. and Rojas-Suarez, Liliana, "Financial Market Integration and Exchange Rate Policy" (January 1990). IMF Working Paper No. 90/2 Lane, Timothy and Rojas-Suarez, Liliana, "Credibility, Capital Controls, and the EMS" (January 26, 1989). IMF Working Paper No. 89/9 Rojas-Suarez, E. Liliana, “Devaluation and Monetary Policy in Developing Countries: A General Equilibrium Model for Economies Facing Financial Constraints” (March 9, 1987). IMF Working Paper No. 87/14 Rojas-Suarez, Liliana, "Financial Constraints and the Real Effects of Monetary Stabilization Policies under Alternative Exchange Rate Regimes" (October 2, 1987). IMF Working Paper No. 87/65 |
