Coronavirus brought a perfect storm to developing countries - Otaviano Canuto

April 13, 2020

- Flattening coronavirus curves of infection and recession will be harder in developing countries - Developing countries have faced foreign capital outflows - A boosted IMF may provide liquidity buffers for developing countries, but debt relief will be necessary to help vulnerable countries manage the coronavirus crisis

Speakers
Otaviano Canuto
Senior Fellow
Senior Fellow at the Policy Center for the New South, Affiliate Professor at Mohammed VI Polytechnic University and Non-Resident Senior Fellow at Brookings Institute. Former Vice President and Executive Director at the World Bank, Executive Director at the International Monetary Fund (IMF) and Vice President at the Inter-American Development Bank. ...

RELATED CONTENT

  • January 5, 2019
    O artigo apresenta os resultados dos efeitos sistêmicos da mudança no padrão da produtividade agrícola entre 2008 e 2015. Para isso foi utilizado um modelo de equilíbrio geral computável (EGC) com especificação detalhada do uso da terra. Tal análise representa avanços no sentido de contribuir tanto para a modelagem econômica com uso da terra quanto na investigação dos impactos econômicos sistêmicos da mudança no padrão espacial da produtividade agrícola no Brasil. Os resultados indi ...
  • January 1, 2019
    Le Maroc a initié une première étape vers l’adoption d’un régime de change flexible, en élargissant les bandes de fluctuations à +/- 2,5% par rapport à un cours central. Cette transition permettrait à l’économie marocaine de se doter, à terme, d’un instrument macroéconomique qui joue le rôle d’amortisseur de choc et qui favorise un ajustement rapide et à moindre coût. A défaut de ce mécanisme, l’ajustement aux chocs macroéconomiques a, parfois, nécessité une contraction de la demand ...
  • January 1, 2019
    Morocco has moved towards a more flexible exchange rate system, by widening its currency fluctuation bands to +/- 2.5% around a central price. This transition will, in time, equip the Moroccan economy with a macroeconomic instrument acting as a shock absorber and facilitating rapid adjustment at lower costs. In the absence of such a mechanism, adjustment to macroeconomic shocks at times requires a contraction in demand and thereby a cyclical downturn in growth to restore external ba ...
  • December 15, 2018
    Moderator UDUAK AMIMO, CONSULTANT, UDUAK AMIMO CONSULTING (KENYA) Speakers André Caillé, Board Member, Junex R. Andreas Kraemer, Founder & Chairman, Ecologic Institute Josefa Sacko, Commissioner, Rural Economy and Agriculture, African Union Commission Teburoro Tito, Extraordinary an...
  • December 15, 2018
    Moderator Richard Lui, Anchor, MSNBC / NBC News Speakers Laura Albornoz, Senior Fellow at the Adrienne Arsht Latin America Center, Former Minister of Women's Affairs, Chile Geraldo Alckmin, Governor of São Paulo, Brazil Alfredo G. A. Valladão, Professor at Sciences PO Paris, Senior Fell...
  • December 15, 2018
    Moderator Richard Lui, Anchor, MSNBC / NBC News Speakers Laura Albornoz, Senior Fellow at the Adrienne Arsht Latin America Center, Former Minister of Women's Affairs, Chile Geraldo Alckmin, Governor of São Paulo, Brazil Alfredo G. A. Valladão, Professor at Sciences PO Paris, Senior Fell...
  • December 15, 2018
    Moderator UDUAK AMIMO, CONSULTANT, UDUAK AMIMO CONSULTING (KENYA) Speakers André Caillé, Board Member, Junex R. Andreas Kraemer, Founder & Chairman, Ecologic Institute Josefa Sacko, Commissioner, Rural Economy and Agriculture, African Union Commission Teburoro Tito, Extraordinary an...