The Central Bank of Uruguay (BCU) and the Paysandú Municipality presented the XXII Latin American Conference on Economic Theory, which will take place in the coastal department on December 5, 6 and 7. The event will bring together some 40 economics researchers and mathematicians from the region. “We understand it is important that the dissemination of economic knowledge is not centralized,” said the president of the BCU, Diego Labat.
The launch took place at the BCU, this Friday the 25th, and was attended by, in addition to Labat, the vice president, Washington Ribeiro; the general secretary of the Paysandú Municipality, Fermín Farinha; the president of the Latin American Association of Economic Theory (ALTE), Elvio Accinelli, and members of the Faculty of Engineering, Claudio Risso and Libertad Tansini.
The president of the BCU highlighted the importance of the event taking place in the interior of the country, within the framework of the decentralization policy promoted by the national government. “We understand that it is important that the dissemination of economic knowledge is not centralized in the BCU building. They are very prestigious days ”, he pointed out.
The sponsorship is developed within the framework of the organization’s educational policy. The bank promotes a series of actions to promote the economic and financial education of the population, explained the vice president of the organization. “Because it is in the interior of the country, it will allow citizens far from the capital to access economic theory, something that is not frequent,” he explained.
He added that the development of the theory is key to justify the decisions of the rulers in matters of economic policy. “It helps us make better decisions and develop better policies for citizens,” said the chief.
In this sense, the president of ALTE highlighted the practical application of knowledge because it allows knowing how incentives affect public life and the national economy. He explained that people move based on incentives that, if they are good, allow the achievement of interesting objectives and, if not, they will have incurred inappropriate spending.
The Latin American Conference on Economic Theory has been held for more than two decades. Since its creation, intellectuals and academics from across the region meet year after year to exchange research and generate knowledge networks.
