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Alejandro Izquierdo

About Alejandro Izquierdo

Alejandro Izquierdo is the interim Chief Economist and Manager of the Research Department of the Inter-American Development Bank (IDB). He previously held positions as Principal Technical Leader, Regional Economic Advisor for Mexico and Central America, and Principal Economist across the IDB. Alejandro spearheaded the IDB’s Annual Macroeconomic Report for several years and is currently co-director of the Columbia University-IDB executive program on international financial issues in emerging markets. He has also led IDB’s flagship product, the Development in the Americas, on issues such as credit and public expenditure in Latin America. Before his career at the IDB, Alejandro worked at the World Bank in the Department of Economic Policy, and taught courses on macroeconomics and international finance at several Latin American universities. He has several publications in professional journals and edited volumes. He holds a Ph.D. in Economics from the University of Maryland, an M.S. from Instituto Torcuato Di Tella, Argentina, and a B.A. in Economics from Universidad de Buenos Aires, Argentina.

Greater Efficiency and the Path to a Prosperous Future for Latin America and the Caribbean

October 15, 2018 by Alejandro Izquierdo | Leave a Comment

Greater Efficiency and the Path to a Prosperous Future for Latin America and the Caribbean

Latin America and the Caribbean has a difficult puzzle to solve. Growing national income is feeding demands for more and better government services.  At the same time, because many governments increased expenditure during the years of the commodity boom and now face less favorable external conditions, they will need to adjust. In a context of external headwinds there is … [Read more...] about Greater Efficiency and the Path to a Prosperous Future for Latin America and the Caribbean

How Vulnerable Are Latin American and Caribbean Economies to a Sudden Stop in Capital Flows?

August 22, 2018 by Alejandro Izquierdo | Leave a Comment

How Vulnerable Are Latin American and Caribbean Economies to a Sudden Stop in Capital Flows?

As the U.S. economy continues to grow and the labor market tightens, there is an increasing likelihood that the Federal Reserve will raise interest rates. The consequences will reverberate in Latin America and the Caribbean. Our research suggests there are reasons for concern, but also ways countries can offset the risks. It is key that countries in the region take this … [Read more...] about How Vulnerable Are Latin American and Caribbean Economies to a Sudden Stop in Capital Flows?

What Are the Antidotes to Sudden Stops?

February 16, 2018 by John Jairo León | Alejandro Izquierdo | Eduardo Cavallo | 1 Comment

What Are the Antidotes to Sudden Stops?

Policymakers in emerging economies have long suffered sudden stops, those paralyzing episodes in which foreign credit dries up. Such episodes can cause painful domestic adjustments that exact significant losses in GDP. But not all sudden stops are equal, and they do not all inflict the same amount of pain. Take the case of Latin America. During the Tequila Crisis, when foreign … [Read more...] about What Are the Antidotes to Sudden Stops?

Trimming the Fat for Better Growth

July 11, 2016 by Alejandro Izquierdo | Leave a Comment

Trimming the Fat for Better Growth

Why do governments need to save? In large part, for some of the same reasons people and firms need to save: to invest and help their economies grow and prosper. Public saving may make up less of national saving than household or corporate saving in Latin America and the Caribbean. But it is nonetheless vital to overall economic health. Greater public saving would allow … [Read more...] about Trimming the Fat for Better Growth

A New Tool to Help Boost Incomes

May 19, 2016 by Alejandro Izquierdo | Leave a Comment

A New Tool to Help Boost Incomes

Colombian Finance Minister Mauricio Cardenas once posed a question in an international meeting that has resounded as among the most significant for government planners. A finance minister has limited resources and a narrow window of reform. In which sectors will reform pay off most in terms of increasing per capita incomes? As countries in Latin America and the Caribbean—and … [Read more...] about A New Tool to Help Boost Incomes

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The blog of the IDB's Research Department shares ideas that matter on public policy and development in Latin America and the Caribbean.

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