International Seminar - The London Consensus in Latin America and the Caribbean

Event

Event information

Date

21 Apr 2026, 09:00 - 18:00
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Event type

Meetings and technical symposiums

Context
The London Consensus arises as an analytical and policy-oriented response to the limits of the Washington Consensus and the predominant development policies in the period known as “hyperglobalization” (1990–circa 2008). The initiative of the London School of Economics and Political Science (LSE), whose report was published in 2025, brings together more than 50 economists and specialists of recognized prestige from around the world, with the aim of rethinking growth and development strategies in a context marked by global economic deceleration, rising inequality, the climate crisis and technological transformations. More than a one-size-fits-all blueprint, the London Consensus seeks to offer a renewed framework that places productive development, sustainability and social inclusion at the center of the economic policy agenda.
Within this framework, ECLAC has considered it valuable to undertake an in-depth analysis of the proposals of the London Consensus and their implications for the region. Latin America and the Caribbean faces specific challenges in terms of productive heterogeneity, low productivity, external and domestic financing constraints, social inequality and vulnerability to external shocks, which require differentiated policy responses. In this regard, it is pertinent to compare and assess the proposals of the London Consensus in relation to ECLAC’s conceptual and empirical body of work, as well as the recommendations that ECLAC has developed in areas such as productive development, macroeconomics for development and international insertion.
With that purpose, ECLAC, together with LSE, will organize a high-level seminar with the participation of international experts to debate the London Consensus. The seminar will be structured around three topics: productive development policies, the macroeconomic challenges of growth with stability and equity, and the dynamics of trade and investment in a context of changes in the global economy. The objective will be to generate a space for reflection and dialogue that helps enrich the regional debate on how to respond to a context of global disruptions.

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Schedule

 

       Hybrid format – simultaneous English–Spanish interpretation
09:00 – 09:15 Opening session
 
  • José Manuel Salazar-Xirinachs, Executive Secretary of ECLAC  
  • Andrés Velasco, Dean of the School of Public Policy, London School of Economics and Political Science (LSE)
09:15 – 10:50 General session
09:15-10:00 Keynote address:
 
  • Andrés Velasco, Dean of the School of Public Policy, London School of Economics and Political Science (LSE)
10:00-10:50 Comments:
 
  • José Manuel Salazar-Xirinachs, Executive Secretary of ECLAC 
  • Ricardo Hausmann, Rafik Hariri Professor of the Practice of Political Economy, Harvard University 
  • Barbara Stallings, William R. Rhodes Research Professor, Brown University (remotamente)

Questions and answers

10:50 – 11:10 Coffee break 
11:10-12:40 Thematic Session 1: Productive Development Policies 
 
  • Moderador: José Manuel Salazar-Xirinachs, Executive Secretary of ECLAC   
  • Marco Llinás, Director of the Production, Productivity and Management Division of ECLAC
  • Marcela Eslava, former Dean and Full Professor, Faculty of Economics, Universidad de los Andes (Colombia) (remotely)
  • Piero Ghezzi, former Minister of Production of Peru, Founding Partner of HacerPerú, CEO of GPD Partners and international consultant on productive development (remotely)
  • Tristan Reed, Economist, Development Research Group, World Bank

    Questions and answers

12:40 – 14:30 Lunch
14:30-16:00 Thematic Session 2: Macroeconomics for Development
 
  • Moderator: Noel Pérez Benítez, Officer-in-Charge, Economic Development Division of ECLAC
  • Mario Marcel, former Minister of Finance and former Governor of the Central Bank of Chile
  • Jessica Roldán, Director of Macroeconomic Studies, Development Bank of Latin America and the Caribbean (CAF)   
  • Juan Carlos Echeverry, former Minister of Finance and Public Credit of Colombia; Co-Executive Chair, AINDA Energía & Infraestructura (remotely)

    Questions and answers
16:00 – 16:20 Coffee break 
16:20-17:50 Thematic Session 3: International Trade
 
  • Moderador: Andrés Velasco, Dean of the School of Public Policy, London School of Economics and Political Science (LSE)
  • Chad P. Bown, Reginald Jones Senior Fellow, Peterson Institute for International Economics, Washington, D.C. (remotely)
  • Luz María de la Mora, Director, Division on International Trade and Commodities, United Nations Trade and Development (UNCTAD) (remotely)
  • Paula Estévez, Undersecretary for International Economic Relations, Ministry of Foreign Affairs of Chile
  • Dorotea López, Director, Institute of International Studies, University of  Chile

    Questions and answers
17:50 – 18:00 Closing session
 
  • José Manuel Salazar-Xirinachs, Executive Secretary of ECLAC 
  • Andrés Velasco, Dean of the School of Public Policy, London School of Economics and Political Science (LSE)

 

Organizing institution

The London School of Economics and Political Science

  • https://www.lse.ac.uk/
  • telephone

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