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XX Annual Economic
Studies Conference

Monetary and Fiscal Policies for Macro-Financial Stability in Emerging Economies

Date:

June 13th, 2025

Santa Clara Hotel – Cartagena – Colombia

XX Annual Economic Studies Conference

Monetary and Fiscal Policies for Macro-Financial Stability in Emerging Economies

Date:

June 13th 2025

Santa Clara Hotel – Cartagena – Colombia

Program organized by José Darío Uribe and Carlos Giraldo

Presentation Replays

Financial Repression: Manifestations and Consequences

Monetary Policy Transmission in Emerging and Latin American Economies
Monetary Policymaking in a Context of Extreme Uncertainty
Fiscal Influences on Inflation: Evidence from Latin America
Globalisation & Geopolitics: The Future of Export-Led Development in LatAm

Agenda

* All times refer to local Cartagena time (GMT-5)

All sessions will be conducted in English with simultaneous translation to Spanish

Thursday, June 12th, 2025

Opening Reception – 7:00 p.m. – 8:30 p.m. – Botika Santa Clara Bar, Santa Clara Hotel

Friday, June 13th, 2025

9:00 a.m. – 9:10 a.m. 

Opening Remarks

José Darío Uribe, Executive President, FLAR

Jessica Roldán, Director of Macroeconomic Studies, Development Bank of Latin America and The Caribbean – CAF 

Financial Repression: Manifestations and Consequences

9:10 a.m. – 10:10 a.m. 

Ricardo Reis, Arthur Williams Phillips Professor of Economics at the London School of Economics

Chair

Julio Velarde, Governor, Central Reserve Bank of Peru

Family Photo and Coffee break – 10:10 a.m. – 10:50 a.m.

Monetary Policy Transmission in Emerging and Latin American Economies

10:50 a.m. – 12:15 p.m. 

Speaker

Şebnem Kalemli-Özcan, Schreiber Family Professor of Economics at Brown University and the Director of the Global Linkages Lab

Discussant

Gabriel Cuadra, Deputy Governor, Central Bank of Mexico

Chair

Ana Claudia de los Heros, Deputy Governor, Central Bank of Uruguay

Monetary Policymaking in a Context of Extreme Uncertainty

12:15 p.m. – 12:45 p.m. 

Speaker

José Luis Escrivá, Governor, Bank of Spain

Chair

José Darío Uribe, Executive President, FLAR

Lunch – 12:45 p.m. – 2:30 p.m. – 1621 Restaurant, Santa Clara Hotel

Fiscal Influences on Inflation: Evidence from Latin America

2:30 p.m. – 3:45 p.m.

Speaker

Francesco Bianchi, Johns Hopkins University and NBER 

Discussant

Jessica Roldán, Director of Macroeconomic Studies, Development Bank of Latin America and The Caribbean – CAF 

Chair

Róger Madrigal, Governor, Central Bank of Costa Rica

Coffee break – 3:45 p.m. – 4:00p.m.

Globalisation & Geopolitics: The Future of Export-Led Development in LatAm

4:00 p.m. – 5:00 p.m.

Speaker

Richard Baldwin, Professor of International Economics, International Institute for Management Development (IMD)

Chair

Leonardo Villar, Governor, Central Bank of Colombia

Closing Dinner – 7:00 p.m. – 9:00 p.m. – Celele RestaurantTransportation will be provided by the event

Speakers and Discussants

Ricardo Reis

Arthur Williams Phillips Professor of Economics at the London School of Economics

Şebnem Kalemli-Özcan

Schreiber Family Professor of Economics at Brown University and the Director of the Global Linkages Lab

Francesco Bianchi

Johns Hopkins University and NBER

Richard Baldwin

Professor of International Economics, International Institute for Management Development (IMD)

Gabriel Cuadra

Deputy Governor, Central Bank of Mexico 

Jessica Roldán

Director of Macroeconomic Studies, Development Bank of Latin America and The Caribbean – CAF 

José Luis Escrivá

Governor, Bank of Spain 

Discussants

Chairs

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Contacts

If you require assistance, please contact jrodriguez@flar.net or igiraldo@flar.net