Online Event | CAF - ECLAC Conference
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CAF -development bank of Latin America- and the UN Economic Commission for Latin America and the Caribbean (ECLAC) invite you to this conference, which will discuss the fiscal challenges arising from the decentralization processes in Chile and the rest of Latin America and the Caribbean.
Latin America and the Caribbean is characterized as a highly heterogeneous region where low, middle and high income countries coexist; countries that are members or not of the OECD; large federations and unitary countries; decentralized and centralized countries; countries with public sectors that reach, due to their size, close to 40% of their GDP and others that barely reach 10%; countries specialized in the production of natural resources and net importers of commodities (AIFIL, 2022).
Some recent findings show that subnational governments in the Latin American and Caribbean region have increased in size. This is partly due to the intense urbanization process that the region has undergone, as evidenced by the fact that 8 out of every 10 inhabitants of the region live in cities, a phenomenon that strains public finances due to the increase in demand for more and better public services. This tension is largely the result of a high vertical fiscal imbalance: transfers from central governments amount to 56% of total subnational revenues. This also occurs because the tax powers of these subnational governments have been limited and their use has been insufficient (Radics, et al, 2022; Gomez Sabaini and Jiménez, 2016).
Against this backdrop, CAF and ECLAC open this space for dialogue to contribute to the debate on how to improve the capacities of subnational governments (tax collection, expenditure execution, etc.) and how to design a more efficient organization of relations between different levels of government, which will promote local development, innovation and the consequent generation of opportunities.
This event is part of the activities that will take place within the framework of CAF's Board of Directors meeting in Santiago de Chile.
Date: Monday, March 6th, 2023
Time: 14:30H - 16:00H (CHILE)
The event will be streamed live on this page.
Agenda
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Memorandum of Understanding between CAF and ECLAC signing ceremony
- José Manuel Salazar-Xirinachs Former ILO Regional Director for Latin America and the Caribbean
- Sergio Díaz-Granados Executive President, CAF -Development Bank of Latin America and the Caribbean-
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Opening
- Sergio Díaz-Granados Executive President, CAF -Development Bank of Latin America and the Caribbean-
- José Manuel Salazar-Xirinachs Former ILO Regional Director for Latin America and the Caribbean
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High-Level Dialogue: The fiscal challenges of decentralization on the agenda
Moderator: Daniel Titelman | Director of the Economic Development Division, ECLAC
- Nicolás Grau Minister of Economy, Development and Tourism of Chile
- José Antonio Ocampo Minister of Finance and Public Credit of Colombia
- Renata Vargas Amaral Secretary of International Affairs and Development, Brazilian Ministry of Planning and Budget, Ministry of Planning and Budget of Brazil
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Closing remarks
- Christian Asinelli Corporate Vicepresident of Strategic Programming, CAF -Development Bank of Latin America and the Caribbean-
- José Manuel Salazar-Xirinachs Former ILO Regional Director for Latin America and the Caribbean
Panelists
Sergio Díaz-Granados
Executive President, CAF -Development Bank of Latin America and the Caribbean-
Sergio Díaz-Granados
Executive President, CAF -Development Bank of Latin America and the Caribbean-
Sergio Díaz-Granados has extensive experience in public and private service, both nationally and internationally, with special emphasis on regional development and integration issues. Before assuming the presidency of CAF, he served as Executive Director for Colombia at the Inter-American Development Bank. He previously held the positions of Minister of Commerce, Industry and Tourism of Colombia, Vice Minister of Business Development and President of the Boards of Directors of Bancóldex and ProColombia. He also has been a congressman and chairman of the Economic Affairs Committee of the Colombia’s House of Representatives.
José Manuel Salazar-Xirinachs
Former ILO Regional Director for Latin America and the Caribbean
José Manuel Salazar-Xirinachs
Former ILO Regional Director for Latin America and the Caribbean
Nicolás Grau
Minister of Economy, Development and Tourism of Chile
Nicolás Grau
Minister of Economy, Development and Tourism of Chile
Renata Vargas Amaral
Secretary of International Affairs and Development, Brazilian Ministry of Planning and Budget, Ministry of Planning and Budget of Brazil
Renata Vargas Amaral
Secretary of International Affairs and Development, Brazilian Ministry of Planning and Budget, Ministry of Planning and Budget of Brazil
José Antonio Ocampo
Minister of Finance and Public Credit of Colombia
José Antonio Ocampo
Minister of Finance and Public Credit of Colombia
Daniel Titelman
Director of the Economic Development Division, ECLAC
Daniel Titelman
Director of the Economic Development Division, ECLAC
Christian Asinelli
Corporate Vicepresident of Strategic Programming, CAF -Development Bank of Latin America and the Caribbean-
Christian Asinelli
Corporate Vicepresident of Strategic Programming, CAF -Development Bank of Latin America and the Caribbean-
Christian Asinelli is a political scientist from the Pontificia Universidad Católica Argentina (UCA), has a Master's degree in Public Administration and Policy from the Universidad de San Andrés (UdeSA) and postgraduate degrees in Urban Economics (Universidad Torcuato Di Tella) and in Sociourbana Management (FLACSO). In 2019, he received his Ph.D in Political Science from the National University of San Martín (Argentina).
During the last sixteen years he has been appointed in different roles in the public sector and the international arena: Alternate National Director of the State Modernization Project at the Chief of Staff of the Cabinet of Ministers of the Nation (2005); Deputy of the Autonomous City of Buenos Aires (2007-2010); Undersecretary of Evaluation of Projects with External Financing of the Chief of Staff of the Cabinet of Ministers of the Nation (2011-2014); Corporate Director of Institutional Development of CAF (2014-2017); President of the Fundación Banco Ciudad (2019) and Undersecretary of International Financial Relations for Development, Secretariat of Strategic Affairs, Presidency of the Nation. He was a Fellow of the Hubert Humphrey Fellowship Program (2010), the Special Program for Urban and Regional Studies-MIT (2011) and the Singularity University Executive Program (2017). He is the author of the books Buenos Aires: The city we have, the city we want (Buenos Aires, 2009); Modernization of the Argentine State: policies, management and professional scene (Buenos Aires, Edition, 2015) and Financing Development: The role of multilateral banking in Latin America (Buenos Aires, 2021).