Uruguay and IMF to Host High Level Conference on Structural Reforms and Growth
IMF News, July 21, 2016
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Bibliographic details
- Published: July 21, 2016
Event details and context
- Press Release No. 16/351
- Date: July 21, 2016
- Organizer: The Government of Uruguay, in partnership with the International Monetary Fund (IMF)
- Conference title: “Latin America: Structural Reforms to Boost Economic Growth”
- Date of conference: Tuesday, July 26, 2016
- Location: Montevideo, Uruguay
- Contact (MEDIA RELATIONS): PRESS OFFICER: Raphael Anspach; Phone: +1 202 623-7100; Email: MEDIA@IMF.org
- Opening speaker: Uruguay’s Economy and Finance Minister Mr. Danilo Astori
- For more information on the conference’s agenda see: https://www.mef.gub.uy/18430/1/mef
Rationale and objectives
- Background context:
- Since the global financial crisis, global growth has been tepid.
- Across Latin American countries, estimates of potential growth have been repeatedly downgraded.
- The region has been hit especially hard because of its heavy dependence on commodities and limited economic diversification.
- Conference aim:
- To engage government officials, academics, and think tanks from Latin American countries on the benefits of structural reforms in selected areas that could boost potential growth in the region.
Themes to be covered
- The need for economic diversification.
- The macroeconomic effects of labor and product market reforms.
- Promoting growth through international integration.
- Making growth inclusive and equitable.
Concluding panel (participants and focus)
- Panel will discuss the political economy challenges of boosting growth via structural reforms in the region.
- Participants:
- Maurice Obstfeld, the IMF’s Chief Economist
- Mario Bergara, President of the Central Bank of Uruguay
- Guillermo Calvo, Professor at Columbia University
- Mauricio Cardenas, Colombia’s Minister of Finance, Colombia
- Santiago Peña Palacios, Paraguay’s Minister of Finance
- Federico Sturzenegger, President of the Central Bank of Argentina