“Latin America’s Growth Conundrum: A Trade Perspective”
Augusto De La Torre, former chief economist for Latin America at the World Bank; Former Governor of the Central Bank of Ecuador
Thursday, Oct. 24th | 4 pm | Diamond 141
Despite trade tensions on the global level, evidence for Latin America points toward the need for a trade-oriented growth agenda that puts a premium on raising exports and making countries more attractive to people, not just capital. The need to invest in human capital adds urgency to healing the region’s social fractures and dealing with its institutional weaknesses.
Augusto de la Torre recently stepped down as the World Bank’s Chief Economist for Latin American and the Caribbean after serving since September of 2007. Previously, Mr. de la Torre was a Senior Advisor responsible for financial matters in Latin America and the Caribbean. Joining the Bank in October 1997, he published extensively on a broad range of macroeconomic and financial development topics that framed regional policy in turbulent times. Prior to World Bank, Augusto was President of Ecuador’s Central Bank (1993-1996), winning the Euromoney Magazine award as “Best Latin Central Banker” and served as an International Monetary Fund Economist from 1986-1992, including the IMF’s Resident Representative in Venezuela (1991-1992). He is currently a co-professor at Columbia University’s MPA in Economic Policy Management (MPA-EPM) program’s Financial Development in Emerging Economies course. De la Torre earned his M.A. and Ph.D. degrees in Economics at the University of Notre Dame and holds a Licenciatura in Philosophy from the Catholic University of Ecuador.