Invite you to a debate focusing on how informality impacts development, and
highlighting the economic and individual costs of informality for poor and
vulnerable people in Latin America and the Caribbean working outside the formal
economy.
Informality: Exit and Exclusion in Latin America
by Guillermo E. Perry, William F. Maloney, Omar Arias, Pablo Fajnzylber, Andrew
Mason, Jaime Saavedra-Chanduvi
Informality in Latin American and Caribbean countries has been a growing
phenomenon over the last few decades, garnering attention as a potential brake
on growth and on improvements in family welfare, and as a force corrosive to the
integrity of society.
Informality: Exit and Exclusion analyzes informality in Latin America, exploring
root causes and reasons for and implications of its growth.
The study concludes that reducing informality levels will require actions to
increase aggregate productivity in the economy, reform poorly designed
regulations and social policies, and increase the legitimacy of the state.
Tuesday, September 4, 2007
11:00 a.m.
For non bank staff, please RSVP to infoShopevents@worldbank.org
World Bank J Building, J1-050
701 18th St. NW corner of 18th St. and Pennsylvania Ave.
A light lunch will be served
Presented by
Guillermo Perry
Retiring World Bank Regional Chief Economist, Latin America and the Caribbean
Region, World Bank
Guillermo Perry has been Chief Economist of the Latin America and the Caribbean
Region at the World Bank since 1996. Prior to joining the World Bank, Mr. Perry
served in several senior policy-making positions in his native country,
Colombia, including that of Minister of Finance and Public Credit; Minister of
Mining and Energy; and Director of the General Directorate of National Taxes.
He served as a member of the Constitutional Assembly and of the Senate of the
Republic in Colombia. He was also Director of two of Colombia?s leading
economic think-tanks (Fedesarrollo and CEDE) and has been professor at
Universidad de los Andes and Universidad Nacional de Colombia. For more
information, please click here: Guillermo Perry Bio.
William Maloney
Lead Economist, Latin America and the Caribbean Region, World Bank
William F. Maloney is Lead Economist in the Office of the Chief Economist, Latin
America and the Caribbean Region of the World Bank. Before joining the Bank
permanently, he was Professor of International and Development Economics at the
University of Illinois, Urbana-Champaign (1990-1997). He also served as a
consultant for the Bank on Mexico (1994-95) and Nigeria (1986) and the Harvard
Kennedy School of Government (1982). Mr. Maloney has published on issues related
to international trade, the impact and sequencing of liberalization, speculative
attacks on currencies, and developing country labor markets. For more
information, please click here: William Maloney bio
Comments by
Liliana Rojas-Suarez
Senior Fellow, Center for Global Development
Liliana Rojas-Suarez is a Senior Fellow at the Center for Global Development.
She is also the Chair of the Latin American Shadow Financial Regulatory
Committee(CLAFF). From March 1998 to October 2000, she served as Managing
Director and Chief Economist for Latin America at Deutsche Bank. Before joining
Deutsche Bank, Ms. Rojas-Suarez was the Principal Advisor in the Office of the
Chief Economist at the Inter-American Development Bank. Between 1984-1994 she
held various positions at the International Monetary Fund, most recently as
Deputy Chief of the Capital Markets and Financial Studies Division of the
Research Department. She has been a Visiting Fellow at the Institute for
International Economics and has also served as a Professor at Anahuac University
in Mexico and an Advisor for PEMEX, Mexico's National Petroleum Company. Ms.
Rojas-Suarez has also testified before a Joint Committee of the US Senate on the
issue of dollarization in Latin America. Ms. Rojas-Suarez has published widely
in the areas of macroeconomic policy, international economics and financial
markets. For more information, please click here: Liliana Rojas-Suarez
Maria Claudia Camacho
Specialist, Department of Social Development and Employment, Organization of
American States
Maria Claudia Camacho is a Labor Specialist in the Department of Social
Development and Employment at the Organization of American States (OAS). In her
current position, she is in charge of coordinating the activities related to the
Inter-American Conference of Ministers of Labor, which aims to set the
hemispheric policy priorities and actions on labor issues. Before joining the
OAS, Ms. Camacho worked as a consultant for the World Bank on a project
regarding youth programs and policies. In Colombia, her home country, she worked
at the Red de Solidaridad Social and UNDP, designing and evaluating programs
aimed at addressing the needs of vulnerable groups. Her academic, personal and
professional interests have been focused on labor markets in Latin America and
on the challenges presented by the informal economy.
Moderated by
Sergio Jellinek
Communications Advisor, Latin America and the Caribbean External Affairs
Department, World Bank
Sergio Alvaro Jellinek was recently appointed as Communications Advisor for the
Latin America and the Caribbean Region at the World Bank. Before holding this
position, he was the Communications Advisor for Sustainable Development at the
World Bank. Working in the Latin America and the Caribbean Vice-Presidency, Mr.
Jellinek oversees communications for the Bank?s entire action field within the
region. He is also a founder of Com+ Alliance, which is a partnership of
international organizations and communications professionals who are committed
to using communications to advance a vision of sustainable development that
integrates its three pillars: economic, social, and environmental, and that
works worldwide. He has extensive experience in developing countries both as a
working journalist and as an advisor to international organizations.
For more information or to order the report, please visit:
http://www.worldbankinfoshop.org/ecommerce/catalog/product?item_id=6532716
______________________________________________________________________________________________________
About the InfoShop
The InfoShop is the public information center of the World Bank and serves as a
forum for substantial debate on international development. Our extensive events
program consists of more than 250 events over the past two years and has hosted
many internationally recognized speakers including Queen Noor, Francis Fukuyama,
Jeffrey Sachs, Amartya Sen, Joseph Stiglitz, Thomas Friedman, and Carly Fiorina.
The InfoShop functions as the only publicly accessible space at headquarters and
provides internal and external audiences with over 15,000 titles published by
the World Bank, international organizations, and other publishers on development
issues.
For more information, visit: www.worldbank.org/infoshop
Comments about the events program: http://go.worldbank.org/TDG9T8O9K0
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