José Antonio Ocampo
Stephany Griffith-JonesThus, provision of appropriate official liquidity and aid can potentially be very effective for protecting economic growth (and the income of poor people) from the negative impact of economic shocks, whether these relate to terms of trade, volatility of private capital flows or natural disasters. In this paper the authors focus mainly on shocks arising from trade. They argue that there is a great urgency to improve existing compensatory financing mechanisms quickly and/or design new ones where gaps exist.
Remarks by Martín Guzmán at 12th Edition of the Paris Forum: Key findings and conclusions of the Jubilee Report
Dear members of the Paris Club Secretariat, Thank you for the invitation to present some of the key findings and conclusions of the Jubilee Report, commissioned by Pope Francis and prepared by a Commission of
Martín Guzmán
Joseph Stiglitz
Ignacio González