“Just when developing countries need to manage the pandemic, most have seen their fiscal space evaporate,” says Professor Ricardo Hausmann, one of the world’s leading experts on what drives economic growth, especially in developing countries.
Hausmann provides an excellent analysis of the macro-economic implications of COVID-19 as well as recommendations for developing countries and international institutions.
Ricardo Hausmann is Director of the Growth Lab at Harvard’s Center for International Development and the Rafik Hariri Professor of the Practice of International Political Economy at Harvard Kennedy School. Previously, he served as the Director of the Center for International Development (2005-2019). He was also Chief Economist of the Inter-American Development Bank (1994-2000), and Minister of Planning of Venezuela (1992-1993).