On November 10, 2017, PEP Board member, Nora Lustig, will receive the title of President Emeritus of the Latin American and Caribbean Economic Association (LACEA) in recognition of her strong leadership and unwavering support for the past 25 years.
Professor Lustig is a founding member and past president of LACEA. She is Samuel Z. Stone Professor of Latin American Economics and Director of the Commitment to Equity Institute at Tulane University. Her title as President Emeritus will be awarded during the upcoming Annual Meeting of LACEA and the Latin American Meeting of the Econometric Society (LAMES) in Buenos Aires, Argentina, November 9-11, 2017.
Pivotal to creating and developing the LACEA
LACEA was founded in July of 1992 to encourage greater professional interaction and foster increased dialogue among researchers and practitioners who focus their work on the economies of Latin America and the Caribbean. Professor Lustig played a pivotal role in helping LACEA achieve its goals. She led the Organizing Committee appointed by the group of economists who envisaged the association during a Latin American Studies Association meeting in Washington DC, USA, in April 1991. Under Nora Lustig’s leadership, the Organizing Committee invited leading economists to join the first Executive Committee, drafted the association’s bylaws, and applied for membership of the Allied Social Science Association (ASSA), officially launching LACEA.
In 1993, the first Executive Committee was selected and Nora Lustig was chosen to be Vice-President. Under Professor Lustig’s presidency (1998-99), LACEA expanded its activities. It created the Network on Inequality and Poverty in 1998 with the Inter-American Development Bank and the World Bank. It also started the Network on Political Economy and a series of seminars on International Economics and Finance, a joint initiative with the Center for International Economics at the University of Maryland.
In 1999, LACEA announced the launch of Economia, a new academic journal. Economia has become the outlet of choice for some of the best research on Latin America. It currently ranked 71st among nearly 2000 journals worldwide.
During Professor Lustig’s presidency, LACEA was also awarded a major grant by the Development Grant Facility of the World Bank (later becoming the Global Development Network), which supported the annual meetings, the research networks, and the journal.