Charting the journey: 'From the growth we have to the growth we want'
Our current growth model is environmentally destructive and fuels disparity. How can we change how we grow to enhance equality and support the environment?
Laura Alfaro is the Warren Alpert Professor of Business Administration. At Harvard Business School since 1999, she is also a Faculty Research Associate in the NBER International Finance and Macroeconomics Program and the International Trade and Investment Program, CEPR IFM program. She served as Minister of National Planning and Economic Policy in Costa Rica from 2010-2012, taking a leave from HBS. She is Vice-President of Latin American and Caribbean Economic Association (LACEA), Co-Editor of the Journal of International Economics and the World Bank Research Observer. Professor Alfaro is the author of multiple articles published in leading academic journals and Harvard Business School cases related to the field of international economics and in particular international capital flows, foreign direct investment, sovereign debt, trade, and emerging markets. She is a member of the Latin-American Financial Regulatory Committee (CLAAF), the David Rockefeller Center for Latin American Studies (DRCLAS) policy committee, Faculty Associate at Harvard's Weatherhead Center for International Affairs, among others.
Our current growth model is environmentally destructive and fuels disparity. How can we change how we grow to enhance equality and support the environment?
Conventional approaches consider real exchange rate undervaluation as a potential development policy tool.