Healthier Firms for a Stronger Recovery Working Group

May 17, 2024

In 2022, the Center for Global Development and the Inter-American Development Bank jointly convened an expert working group to examine the challenges faced by firms and labor markets in Latin America and the Caribbean during the COVID-19 crisis and the highly uncertain recovery phase that followed. The working group—made up of top economists and lawyers from countries in the region—issued a report with recommendations to help policymakers and international financial institutions identify and implement actions to spur renewed investment by productive firms, support the growth of new ones, and improve labor market performance.

  • The full report “Healthier Firms for a Stronger Recovery: Policies to Support Business and Jobs in Latin America and the Caribbean” is available here in English and Spanish
  • A blog summarizing the working group conclusions and recommendations is also available.


Working Group:


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


Working group members

Maria Cecilia Acevedo

Strategy Officer, IDB Invest

Jorge Alers

Emeritus Latin America and the Caribbean Region Chief Executive Officer, Dentons

Kevin Cowan

Commissioner, Financial Market Commission (CMF), Chile

Arturo J. Galindo

Principal Economist, Inter-American Development Bank Research Department

Marcio Garcia

Professor, Pontifical Catholic University of Rio de Janeiro (PUC-Rio), Brazil

Pablo E. Guidotti

Professor, Torcuato Di Tella University, Argentina

Jonathan Hamilton

Partner, White & Case LLP

Ana Fernanda Maiguashca

Head, Private Council for Competitiveness, Colombia

Eric Parrado

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

Augusto de la Torre

Professor, Columbia University; Former Governor, Central Bank of Ecuador

Alberto Trejos

Professor, INCAE Business School, Costa Rica