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17:30 - 19:00 4 March 2014

Lecture: The two-speed global crisis and its impact in Latin America


Lecture Theatre 103 | UCL – Institute of the Americas (link Map)
51 Gordon Square | London | WC1H 0PQ | United Kingdom

Open to: Academic | Alumni | Public | Student
Admission: FREE
Ticketing: Pre-booking essential

Speaker information

Oscar Ugarteche, is a researcher at the Instituto de Investigaciones Económicas UNAM, Mexico City, and currently a Santander Visiting Fellow at Newcastle University.

The global crisis started in August of 2007 and has had differentiated impacts due to a combination of negative interest rates and expansionary monetary policies in the advanced economies. A process of triple arbitrage has been at work since then where interest rates, financial asset price and currency price differentials have impacted on short term capital flows. This has led to a heavy "tail wind" on economic growth while stagnation hit the core capitalist economies. The reverse process is now taking place.


Oscar Martinez
+44 (0)20 3108 9721 | ucl-ia@ucl.ac.uk


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