May 30, 2018
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The Keynote Address at the 7th NCID Research Workshop was delivered by Economics Professor at Columbia University Martín Uribe, who presented his paper Multiple Equilibria in Open Economy Models with Collateral Constraints: Overborrowing Revisited the 18th of May to kick off the round of presentations on the second day of workshop at the Fundación Ramón Areces headquarters in Madrid.

Emerging countries face borrowing constraints as foreign countries and organizations are not willing to lend money beyond a certain level, which usually is a fraction of some asset or inco...

May 30, 2018
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The Deputy Research Director at the International Monetary Fund (IMF). Jonathan D. Ostry presented his paper Inclusive Financial Globalization? on the afternoon of the 7th NCID Research Workshop, which we hosted the 18th of May at the Fundación Ramón Areces headquarters in Madrid. 

“We’ve been observing a tendency for globalization, which lifted billions out of poverty, where the fruits have not been broadly shared”, Ostry said. “One of the things that worry is that it is feeding toward toward rising tendencies toward protectionism”, he said. For those pr...

May 30, 2018
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Camelia Minoiu, Senior Economist at the International Monetary Fund, closed the 7th NCID Research Workshop with the presentation of her paper Financial Access Under the Microscope at the Fundación Ramón Areces in Madrid last 18th of May.

The paper is on financial inclusion. “Financial development and economic growth go hand in hand”, Minoiu said. The study focuses on the microfinance sector, which she considers “a crucial driver of financial development”.

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