Ideas to Action:

Independent research for global prosperity

Public Event

Fiscal Challenges in Latin America: Policy Measures for Sustainable & Inclusive Growth

Thursday, June 27, 2019 - 9:00am to 10:30am

 
PRESENTATION & OPENING REMARKS

Alicia Bárcena, Executive Secretary, United Nations Economic Commission for Latin America and the Caribbean (CEPAL)

PANELISTS

Nancy Birdsall, Senior Fellow and President Emeritus, Center for Global Development

Marcello Estevão, Global Director, Macroeconomics, Trade & Investment, World Bank

Eric Parrado Herrera, Chief Economist and General Manager, Research Department, Inter-American Development Bank

Jorge Roldos, Assistant Director, Western Hemisphere Department, International Monetary Fund

MODERATOR

Sanjeev Gupta, Senior Policy Fellow, Center for Global Development

ABOUT THE EVENT

In recent years, Latin American countries have undertaken major fiscal consolidation measures in an effort to reduce their deficits and accumulation of debt. Despite improvements in fiscal position throughout the region, the rate of inequality reduction has slowed, capital spending (in terms of GDP) has fallen to its lowest levels since 2007 and fiscal revenues remain insufficient to finance achievement of the Sustainable Development Goals (SDGs).

Amid an uncertain macroeconomic context and fiscal consolidation, this slowdown requires a fine-tuning of policy measures. This event launches the new CEPAL Publication Fiscal Panorama of Latin America and the Caribbean, 2019, examining the role of tax policy in achieving the Sustainable Development Goals (SDGs). The paper analyses the constraints of domestic resource mobilization caused by fiscal incentives and how these incentives could, instead, be geared towards investment to foster sustainable and inclusive development.​

Coffee and a light breakfast will be available beginning at 8:30 am.

Related Experts

Photo of Nancy Birdsall
Senior Fellow, President Emeritus
Photo of Sanjeev Gupta
Senior Policy Fellow

This event will be streamed live. Can't attend in person? Click "Webcast" above to receive a reminder about the webcast before the event. The video will stream and remain available on this page.

Close-captioned-enabled video will be posted following the conclusion of the event. If you require ADA-related accommodations to attend this event in person, please email events@cgdev.org.