2 VIDEOS – Latin America and the multilateral world + Macroeconomic Policies in times of COVID-19 in Emerging Markets: Early Lessons

Latin America and the multilateral world — Otaviano Canuto Today's episode with Otaviano Canuto (ex World Bank, IMF, IDB) covers the current state of the region's economy, the role of multilateral organizations, Brazil's economic prospects and the post-COVID scenario for Latin America. ------------------- Macroeconomic Policies in times of COVID-19 in Emerging Markets: Early Lessons Moderator: Andrés Schipani, East and Central Africa Correspondent, Financial Times Speakers: - Otaviano Canuto, Senior Fellow, Policy Center for the New South - Karim El Aynaoui, President, Policy Center for the New South, Dean, Faculty of Governance, Economics and Social Sciences, Mohammed VI Polytechnic University - Célestin Monga, Professor of Public Policy, Harvard Kennedy School

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Read more about the article Don’t Expect Miracles From the Multilaterals
A pedestrian wearing a protective mask walks past the International Monetary Fund (IMF) headquarters in Washington, D.C., U.S., on Tuesday, April 14, 2020. In its first World Economic Outlook report since the spread of the coronavirus and subsequent freezing of major economies, the IMF estimated today that global gross domestic product will shrink 3% this year. Photographer: Andrew Harrer/Bloomberg

Don’t Expect Miracles From the Multilaterals

With Latin America and the Caribbean potentially facing years of difficulties due to the pandemic and related economic crises, attention has shifted to what multilateral institutions like the International Monetary Fund (IMF) might do to help. There’s no doubt they can play a crucial role in preventing another lost decade in the region. But these institutions will also face limitations because of capital constraints and other factors. 

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