Stronger Institutions, Stronger Growth: Capacity Development in Latin America and the Caribbean and the Way Forward

IMF Seminar

imf seminars event

DATE: October 7, 2015

DAY: Wednesday

9:30 AM - 11:00 AM Lima Time

LOCATION: Lima Convention Center 6 - Pachacamac

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In recent decades, Latin America and the Caribbean made great strides in strengthening economic policies and policy institutions, but progress remains uneven across countries and the way forward holds new challenges. Volatile commodity prices, tightening international financial conditions and an uncertain global recovery put a premium on sound policymaking. As incomes rise, countries are confronting issues such as inequality, the rising demands of the middle class, and how to make growth sustainable. At a more fundamental level, background developments related to climate change, the acceleration of technological progress, and the increase in cross-border connectivity entail new opportunities and risks. This panel will address the role of institutional and capacity development—including through training and technical assistance—in fostering growth-friendly economic policies in Latin America and the Caribbean. Panelists will discuss how stronger economic institutions can bolster the capacity of countries to seize opportunities and become more resilient to shocks.

Stronger Institutions, Stronger Growth: Capacity Development in Latin America and the Caribbean and the Way Forward

Latin America in the Spotlight


Moderator: Ian Goldin


Professor Ian Goldin is the founding Director of the Oxford Martin School at the University of Oxford and the University Professor of Globalization and Development. The School brings together over 300 leading scholars in interdisciplinary teams to address critical global challenges. Professor Goldin has a BA and BSc from the University of Cape Town, an MSc from the London School of Economics, an MA and Doctorate from the University of Oxford, and an AMP from INSEAD.

Carla Grasso


Carla Grasso, a dual national of Brazil and Italy, is Deputy Managing Director and Chief Administrative Officer of the IMF. She oversees all the IMF’s administrative functions, coordinates the budget, HR, technology, general services, and internal audit, and oversees the IMF’s capacity building and training work. She worked for 14 years at Vale S.A., one of the world’s largest mining companies, as VP for Human Resources and Corporate Services.

Laura Alfaro


Laura Alfaro is the Warren Alpert Professor of Business Administration at the Harvard Business School. She is also a Faculty Research Associate in the National Bureau of Economic Research's International Macroeconomics and Finance Program, Member of the Latin-American Financial Regulatory Committee, Faculty Associate at Harvard's Weatherhead Center for International Affairs, and member of the David Rockefeller Center for Latin American Studies’ policy committee. She received a B.A. in economics with honors from the Universidad de Costa Rica and a 'Licenciatura' from the Pontificia Universidad Catolica of Chile.

Luis Miguel Castilla

Luis Miguel

Dr. Luis Miguel Castilla was appointed Ambassador of Peru to the United States on February 01 2015 by President Ollanta Humala. He had served as Minister of Economy and Finance of Peru from July 2011 to September 2014. Prior to his appointment, Castilla held several positions at the Ministry of Economy and Finance, including Deputy Finance Minister and Chief of Staff. In addition, he has over fifteen year experience at multilateral development banks, holding senior positions at CAF -Development Bank of Latin America, among others. Dr. Castilla holds a Ph.D. in Economics from the Johns Hopkins University of Maryland.

Maria Antonieta del Cid de Bonilla

Maria Antonieta

Maria Antonieta Del Cid De Bonilla has over 20 years of expertise in central banking, having worked for the Bank of Guatemala  in the positions of Deputy Director and Director of Economic Studies; Economic Manager and Coordinator of the Technical Council; and Vice President and President of the Bank of Guatemala and the Monetary Board, among others. She was Minister of Finance of Guatemala and President of the Board of the Superintendency of Tax Administration from 2004 to 2006.

Brian Wynter


Brian Wynter has served as Governor of the Bank of Jamaica since November 2009. He graduated with honors from the London School of Economics and Political Science in 1981, earning a BSc in economics. He received the Graduate Diploma in Law from The City University, London, and was called to the Bar of England and Wales in 1983. He was enrolled as an attorney in the Supreme Court of Judicature, Jamaica, in 1990. Mr. Wynter also holds a master’s degree in international economics from Columbia University School of International and Public Affairs, New York, which he received in 1985.