Two Nobel Prize winners will present post-pandemic proposals in Lima

The Nobel Prize in Economics 2000, James Heckman; and the 2006 Nobel Peace Prize winner, Muhammad Yunus, will present their proposals for post-pandemic economic development in Lima, the Economic Research Consortium (CIES) said today.

They will speak at the XXXIII Annual Seminar of CIES, which will be held from November 2 to 4 at the Hotel El Pardo, Miraflores.

Yunus, known as “the banker of the poor” will reaffirm the concepts of microcredit and microfinance as tools for financial inclusion, which have led him to promote the village banking model around the world, on Wednesday the 2nd at 9:00 am with the master conference “Redesigning the global economic system: the time is now”.

This Bangladeshi social entrepreneur, banker, economist and social leader was recognized for developing the Grameen Bank, also called “bank for the poor”, an initiative that emerged in 1973 when he managed loans of 27 dollars to 42 women from a small village in Bangladesh, from which he himself was guarantor. Ten years later he founded the bank.

Today the community banking model has spread to 20 regions of the country and reaches 180,000 women with business initiatives. And there are 10,473 communal banks.

These small businesswomen and banks have even resisted the pandemic, which makes this system a benchmark of solidity in crisis situations.

Importance of the labor market

James Heckman American economist (Chicago, 1944) specialist in microeconometrics, won the Nobel Prize in Economics in 2000 for his concept of “selection bias”, which contributes to the estimation of the effects of public policies for the labor market.

This tribute to his contribution was taken by the world as a recognition of the importance that the academic sector must give to the resolution of relevant problems from the social point of view. Heckman will address the topic “Global Development Challenges” on Thursday, November 3 at 10:20 am.


The reflection on the post-pandemic economic scenario for Peru will be in charge of Julio Velarde, president of the Central Reserve Bank (BCR), who will inaugurate the XXXIII CIES Annual Seminar also with a keynote address, immediately after Yunus’s intervention on the 2nd of november.

For his part, the head of the Ministry of Economy and Finance (MEF) Kurt Burneo, will also be present at the seminar with a presentation on “Prospects for the Peruvian economy 2023”, on Friday 4 at 12:10 pm.

During the seminar, 13 academic events will be held in which recently completed research will be presented and current issues will also be discussed with perspectives and analysis towards 2023, with the aim of contributing to the discussion of ideas and influencing public policies towards compliance. of the 2030 SDGs in the post-pandemic scenario.

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Posted: 10/23/2022

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Two Nobel Prize winners will present post-pandemic proposals in Lima