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Ilan Goldfajn

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Private Enterprise Development in Low Income Countries (PEDL)

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Agricultural Development and Human Capital in India

Economic Development and Environmental Sustainability under Decentralized Governance

Firm Heterogeneity and Structural Transformation in Developing Countries: Seven Decades of Plant-Level Evidence from Colombia

Firm Relocation as Environmental Policy: Impacts on Agglomeration, Workers and the Environment

Gender roles, work and structural transformation in a patriarchal society: Evidence from a household panel survey on Ghana

Gender, work and structural transformation

Heterogeneous Impacts of Market Integration: Evidence from Pakistan's Motorways

How Formal Property Rights Shape Social and Economic Networks: Evidence from a Land Tenure Reform Implemented as Randomized Control-Trial

Informality and the Cost of Children in Developing Countries

Marketplaces as focal points of structural transformation: understanding their emergence, persistence and decline using historical maps and satellite imagery

Measuring Global Industrial Policy: Patterns and Structure of IP Across Developing Economies, 2008-2020

Persistence of Inequality after the Apartheid: Assessing the role of Geography and Skills

Quantifying the Gains from Eradicating Malaria using a Structural Model

The impact of climate change on human capital accumulation: A macroeconomic perspective

The Impact of Multinationals on Informality: Evidence from Mexico

The interaction of public and private sector employment in least developed countries

Unpacking Economic Development: Evidence from Cohort- and Region-Level Data

Reducing Conflict and Improving Performance in the Economy (ReCIPE)

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Ilan Goldfajn

VoxEU Column

The Latin American pandemic

Eduardo Levy Yeyati
Ilan Goldfajn

20 Dec 2021

COVID-19
Development

Book

Vox eBooks

Latin America: The Post-Pandemic Decade. Conversations with 16 Latin American Economists

Ilan Goldfajn
Eduardo Levy Yeyati

20 Dec 2021

Introduction: Latin America: The Post-Pandemic Decade. Conversations with 16 Latin American Economists
The Latin American pandemic
“The pandemic can be used as a cover for wasteful spending”
“QE in advanced economies does not provide a convincing argument for monetary financing in emerging ones”
“Even moderate increases in interest rates may be a cause of concern for fiscal sustainability”
“Good results are the best guarantee of central bank independence”
“Evidence suggests inequality and low productivity growth are intertwined”
“Social discontent can be easily mobilised to immobilise public policy”
“Lack of progress cannot be solved by a redistributive strategy”
“I have strong doubts about the possibility of having successful industrial policies in the region”
“The international financial community should rethink its risk tolerance”
“The pandemic packed a triple inequality-increasing punch”
“Replacing existing targeted programmes with a UBI would leave the poor worse off”
“The pandemic showed the importance of transitory poverty in the determination of coverage for social programmes”
“Societies are experiencing radical political fractures; Latin American countries are no exception”
“My bold prediction is that we will end up reinventing social democracy”
“In Chile, the middle class is ‘too rich for the state and too poor for the market’”
“Colombia, Peru and Chile are entering a populist phase from which it will not be easy to escape”