Latest activity

Blog: COVID-19 Pandemic and Latin America and the Caribbean: Time for Strong Policy Actions

Alejandro Werner
March 27, 2020

COVID-19 is spreading very quickly. This is no longer a regional issue—it is a challenge calling for a global response. Countries in Latin America and the Caribbean have been hit later than other regions from the pandemic and therefore have a chance to flatten the curve of contagion. Efforts on multiple fronts to achieve this goal are underway. In addition to strengthening health policy responses, many countries in the region are taking measures of containment, including border closures, school closings, and other social distancing measures.

Opportunity: Online teaching resources

During this period of increased shelter at home, as we are facing the current pandemic situation, and with the initiative of LACEA´s members, we present you a series of online teaching resources in Economics, that you will be able to access at any time. Feel free to share it with all your community.

1. “Macroeconomics: Theory and Policy”, by Prof. José de Gregorio.

2. Andrés Neumeyer 's classes and zoom meeting rooms are available at

Stay safe!

Blog: Policy Action for a Healthy Global Economy

Kristalina Georgieva
March 25, 2020

While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is needed when it comes to securing the global economy. Constant contact and close coordination are the best medicine to ensure that the economic pain inflicted by the virus is relatively short-lived. Many governments have already taken significant steps, with major measures being announced on a daily basis—including yesterday’s bold, coordinated moves on monetary policy. But clearly, even more needs to be done. As the virus spreads, increased coordinated action will be key to boosting confidence and providing stability to the global economy.

Working papers: Latest Research

New entries as of March 24, 2020

Blog: Coronavirus Economic Planning: Hoping for the Best, Prepared for the Worst

Martin Mühleisen
March 23, 2020

Individuals infected by the coronavirus potentially face a blow to their health and personal and economic well-being. Similarly, countries hit by a sudden and unexpected public health emergency—as coronavirus is proving to be—can see their economies slow and their budgets squeezed as they spend more to counter the impact of the virus. At the same time, they may experience a drop in revenue from falling economic activity. Countries could also face lower export revenues due to falling tourism receipts or a decline in commodity prices. A sudden halt in capital inflows could exacerbate the situation further. Together, this can result in an urgent balance-of-payments need to counter the mismatch between foreign exchange inflows and outflows.

Blog: Monetary and Financial Stability During the Coronavirus Outbreak

Tobias Adrian
March 20, 2020

The global spread of the coronavirus is a human tragedy unfolding across the world. Quantifying the economic impact is complex, giving rise to significant uncertainty about the economic outlook and the associated downside risks. Such an abrupt rise in uncertainty can put both economic growth and financial stability at risk. In addition to targeted economic policies and fiscal measures, the right monetary and financial stability policies will be vital to help buttress the global economy.

Teaching Resources: Massive open online courses

  • Introduction to Economic Theories​ - Erasmus University Rotterdam. Starts: March 19, 2020. Provided by Coursera - Go to course
  • Geopolítica y gobernanza global: riesgos y oportunidade​ - ESADE Business School. Starts: March 19, 2020. Provided by Coursera - Go to course
  • Understanding economic policymaking​ - ie Business School. Starts: March 19, 2020. Provided by Coursera - Go to course
  • Sustentabilidad y Economías Sociale​ - Universidad de Chile. Starts: March 19, 2020. Provided by Coursera - Go to course
  • The Global Financial Crisis - Yale University. Starts: March 19, 2020. Provided by Coursera - Go to course
  • Microeconomics: The Power of Markets - PENN University. Starts: March 30, 2020. Provided by Coursera - Go to course

Blog: Limiting the Economic Fallout of the Coronavirus with Large Targeted Policies

Gita Gopinath
March 18, 2020

This health crisis will have a significant economic fallout, reflecting shocks to supply and demand different from past crises. Substantial targeted policies are needed to support the economy through the epidemic, keeping intact the web of economic and financial relationships between workers and businesses, lenders and borrowers, and suppliers and end-users for activity to recover once the outbreak fades. The goal is to prevent a temporary crisis from permanently harming people and firms through job losses and bankruptcies.

Working papers: Latest Research

New entries as of March 17, 2020

Blog: Los desafíos del desarrollo infantil en América Latina y el Caribe

María Caridad Araujo
March 16, 2020

Los primeros años de vida son una oportunidad única para potenciar las habilidades de los niños y sentar las bases de una vida saludable. ¿Cómo pueden las políticas públicas potenciar el desarrollo infantil temprano? ¿Qué desafíos presenta la región? El mayor crecimiento del cerebro humano ocurre durante los primeros años de vida. En esta etapa, las conexiones neurológicas se multiplican a gran velocidad, atrayendo la atención de padres y cuidadores que ven cómo los niños progresan día a día. Este crecimiento es un momento clave para potenciar las habilidades, la capacidad de aprender y para sentar los cimientos de una vida productiva y saludable, ya que no se repetirá en ningún momento de la vida.

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