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The Inter-American Development Bank (IDB) has awarded the 2025 Young Economist Award to three outstanding researchers for their impactful studies on economic issues in Latin America and the Caribbean, showcasing academic excellence and policy relevance in economic development.

Laura Alfaro, renowned Harvard Business School professor, has been appointed as the new Chief Economist and Economic Counselor for the Inter-American Development Bank, marking a significant milestone in economic leadership for Latin America and the Caribbean.