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We hosted the second Political Economy of the Global South Conference (PEGS) in Bogota, Colombia. 

On March 16 and 17, we held the second edition of the Political Economy of the Global South Conference (PEGS) at the Universidad de los Andes.  

The meeting brought together academics and international experts in sessions on extractivism, inequality, informality, global fragmentation and international trade, as well as in discussions on new forms of cooperation in the face of the challenges of ecological transition and sustainable development. 

These sessions sought to answer a fundamental question that, as Jimena Hurtado, Vice Rector for Research and Creation at the Universidad de los Andes and co-founder of TREES, put it: “How can we understand an economy that does not work for everyone in countries where inequality is not a figure but a daily reality?. 

From this perspective, the conference also sought to generate exchanges between countries of the global south that share histories of violence and the search for ways to transform them, with a potential that goes beyond academic dialogue. In Hurtado's words, this type of space allows the construction of collaborations that connect knowledge with concrete historical, institutional and social processes. 

The keynote address was given by Julieta Lemaitre, magistrate of the Special Jurisdiction for Peace (JEP), whose career embodies precisely this crossover between academia and institutions. Her intervention addressed the relationship between citizenship and state, the ways in which communities build solutions in contexts of state absence and the role of justice in post-conflict scenarios, showing how institutions can both reproduce and transform inequalities. 

Below, you can view an illustrated publication summarizing ‘Reconstructing’, Lemaitre's keynote lecture.

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Thus, PEGS is conceived as a broader process of dialogue among countries of the global South, recognizing both their differences and the existence of shared structural challenges, including inequalities. It does so by articulating the work of centers or initiatives such as TREES in Colombia, the Center for Critical Imagination (Cebrap) in Brazil, the Applied Economics Program of El Colegio de México, Pathways Beyond Neoliberalism in the American University in Egypt, and the Southern Centre for Inequality Studies at Wits University in South Africa, which collaborate within the Emerging Political Economies (EPE) Network.  

As part of this effort to articulate a network of countries that share similar realities, the conference also reflects a commitment to amplify knowledge of these contexts. In Hurtado's words, the aim is to build agendas that are not “recipients of frameworks developed in other contexts, but interlocutors with their own voice and questions”. 

In the same vein, several of the panels highlighted the need to review the frameworks from which the problems of the global south are understood. “It is important to have a global south perspective for a global economy. Sometimes we think from a perspective that doesn't resonate with the way people in these countries live,” said Pierre Nguimkeu, professor of economics at Georgia State University and director of the Africa Growth Initiative at the Brookings Institution. 

An example of this type of discussion was the session on inequality, led by Leopoldo Fergusson, professor at the School of Economics of the Universidad de los Andes and co-founder of TREES, with the participation of Rodrigo Uprimny, senior researcher at Dejusticia and professor at the Universidad Nacional de Colombia, and Raymundo Campos and Aurora Ramírez Álvarez, professors at El Colegio de México.  

There, different dimensions of the structural gaps in the region and the challenges to address them from interdisciplinary approaches were discussed. As Uprimny pointed out, there is a disconnect between the field of human rights and the analysis of inequality: while normative frameworks have made progress in addressing discrimination between groups, “when one enters the field of social and economic inequality, the human rights movement is, in a certain sense, silent”. Along these lines, he stressed the need to connect rights more directly with the dynamics of inequality, not only as a theoretical problem, but also as a practical one. 

In this regard, Fergusson stressed that inequality is not limited to income differences, but produces deeper forms of social separation: “people with different income levels live so far apart that they end up being culturally distinct, as if they were different groups”. In this sense, he stressed that one of the central challenges is to think about these gaps not only in terms of distribution, but also in terms of rights and what it means to have an equal position in society, particularly in contexts such as those of Latin America. 

Labor informality was another of the central themes of the meeting. Laura Alfers, WIEGO's international coordinator, raised the discussion aligned with the idea that the frameworks do not coincide with the realities of the countries of the South: “60% of workers are in informal employment, something that could increase with technological change. Our labor institutions are still oriented around an idea imported from countries in the global north, developed in the 1940s and 1950s for labor markets that do not exist in the south.” 

In addition to the academic sessions, the conference included a research workshop, a teaching session and strategic spaces for articulation between centers in the global south that are part of the Emerging Political Economies Network, These meetings helped to consolidate a south-south network to promote those voices and questions of their own. These meetings contributed to consolidate a south-south network to promote these voices and questions.  

Throughout the event, the persistence of overlapping and mutually reinforcing structural gaps was highlighted, many of which go unnoticed because we tend to always look in the same places. In this context, the conference highlighted the need to broaden the analytical approach. In Hurtado's words: “to broaden our gaze, to look where we usually do not look and to accept that absence in the record [evidence or data] does not mean absence in reality”. 

Second TREES Research Grant Fund Workshop at the Universidad de los Andes

We have already held the first two workshops to strengthen the TREES research community. These two meetings brought together researchers who received financial support through the Grant Fund I and II calls for proposals. The researchers came together to share ideas, receive feedback and enrich their work.

Watch the video summary of the first Grant Fund workshop:

On May 7, 2025, Grant Fund II researchers were at the Universidad de los Andes with a common goal: to hear how their colleagues are studying inequalities from multiple disciplinary perspectives and contexts. The meeting served to share advances, discuss questions and strengthen an academic community committed to understanding inequalities in the global south.

During the event, researchers presented their ongoing projects and received feedback. Discussing ideas at an early stage allows them to improve approaches and strengthen analytical frameworks. “I really liked the comparative perspective. For example, one of the professors suggested we review classism versus caste in India, which we hadn't thought about,” commented Natalia Amaya, researcher at Fundación Prolongar.

Participants discussed the role of the state in land distribution, the reconstruction of the place of women in economic history, the dynamics of labor informality, the limits of social mobility, the multiple cultural dimensions of inequality and the challenges of applying models from the global north in Latin America.

The workshop was also an opportunity to strengthen cooperation between researchers from different disciplines. This approach seeks to broaden theoretical frameworks on inequality and generate useful evidence for public policies and citizen initiatives. “We want to look at inequality not only from its strictly economic dimension. This has produced a very rich mix of perspectives on its causes and consequences,” explains Leopoldo Fergusson, TREES Research Leader.

With some of these investigations already published, learn more about them in our research repository, With the Grant Fund III workshop underway, we confirm our commitment to contribute from rigorous knowledge to build more equitable societies.

Watch the video summary of the second Grant Fund workshop:

Juan Sebastián Lemos strengthens his research skills during his stay at Harvard


Thanks to the support of TREES, I had the opportunity to do an academic stay at the Harvard Graduate School of Education, an opportunity that marked both my professional and personal growth and that leaves me with experiences and learning that otherwise I would not have been able to live.

On a personal level, this experience transformed my perspective on what is possible. Studying at Harvard had never been an even imaginable option for me, but today it has become a real dream that I strive for at work every day. Living in another country, adapting to a new culture and communicating in a different language was a major challenge, as I had not had the opportunity to do so before. However, this was also an opportunity to broaden my knowledge, question my place in the world, the opportunities and privileges I have and strengthen my autonomy.

On a professional level, the stay allowed me to advance more quickly and in greater depth in my research project. I attended seminars and classes given by leading professors in education research, which enriched my ideas and opened new avenues to continue expanding my research agenda. I participated in discussions with doctoral students who shared their experiences with me. This allowed me to better understand how academic trajectories are constructed in international contexts. I learned new methodologies and research approaches that complement my previous training and gained confidence in my ability to contribute, from my experience, to conversations and decisions in the research project I am working on.

Finally, I was also able to establish links with students and researchers from different countries who share similar interests. At the same time, being surrounded by such skilled people in such a demanding environment was a challenge, but also a motivation to reflect on the quality of my education in the eyes of a future international projection. In short, this experience gave me more than knowledge: it gave me clarity about my vocation, new tools for my academic and professional development, and the impetus to keep striving.

The second face-to-face Territorial Dialogue is coming up! 

Next Thursday, November 9, at the University of Medellin, the Territorial Dialogue will bring together a panel of profiles of academics, community leaders, artists, businessmen and public servants to discuss inequality from the perspective of the Colombian coffee region.  
 

The panelists will be challenged to address the inequalities experienced in the four departments of this region: Antioquia, Risaralda, Quindío and Caldas. The discussion will take advantage of the experiences and knowledge of each one to reflect on three central themes: inequality in access to education, in access to decent work and the inequalities faced by young people in the country.  
 

These are the panelists of this second face-to-face Territorial Dialogue:  

  • Andrés García, economist and researcher at Universidad del Rosario in Bogotá. He is currently the director of the Observatory of Labor Inequality. 
  • Andrea Carmona, activist, social manager, bridge builder and storyteller. She is part of the media outlet Le Cuento. She was present in the social outburst of 2019. 
  • Yoiner Machado, artist and cultural manager. Creator and director of Unión Latina, an art academy that works from the dance in the commune 13 in Medellín.  
  • Daniela Trejo, Secretary of Productivity and Competitiveness of Antioquia. 
  • Elkin Echeverri, entrepreneur and businessman. Former director of Planning Ruta N. Director of the Eledé Foundation. He is currently writing a book on innovation and cities. 
  • Paula Andrea Valencia, professor and researcher at the University of Medellín.  
  • Allison Benson, moderator of the Dialogue. Director Reimaginemos.  

In addition to the discussion, those attending the event will have access to the award-winning Colombian documentary film Indivisible, which has not yet been released. Reimaginemos will also give USD 700 in micro-grants to diverse dialogue initiatives on inequality proposed by those attending the event.  

The Dialogues are unmissable opportunities, as they broaden the vision about inequalities in the different territories of the country. If you are interested in attending the conversation or watching the live transmission, register at this link: https://bit.ly/3FrAIVL 

Find all the information about the 32 Territorial Dialogues at @reimaginemos.colombia

The first four Brown Bag Seminars of TREES and El COLMEX

TREES, of the Universidad de los Andes, and the Program for the Economic Analysis of Mexico (PRAEM), of El Colegio de México, finance research at each of the universities to which they belong. This research is aimed at studying the causes and consequences of inequalities in Latin America. In order to promote the discussion of questions and share research advances, both initiatives organized four virtual Brown Bag Seminars that promote interaction between researchers from both institutions and countries. 

The first meeting, on Friday, August 25, was led by Juan Camilo Cárdenas and César Mantilla. During this conversation, entitled “Informalities in the Global South: Towards a Research Agenda,” Cárdenas and Mantilla explored formality and informality within a range of labor relations. They also identified the costs and benefits of having formal and informal labor relations and outlined the methodological challenges of their research.  

Access the complete seminar: Informalities of the global south: towards a research agenda. 

The second seminar, on Friday, September 29, was entitled: “The Impact of Transportation Platforms on the Labor Market: Evidence for Mexico”. Laura Juarez, PRAEM coordinator, spoke about her research exploring the rise of digital transportation platform labor in Latin America. Juarez considers it relevant to understand the benefits it can bring to workers, such as flexibility, along with the possible consequences, such as variable income or lack of social benefits. For this, he presented evidence from his ongoing research on the gradual entry of Uber in Mexican cities and its impact on people's labor variables.  

For the third meeting, on Friday, October 27, Raymundo Campos and Aurora Ramírez, researchers from the Center for Economic Studies at El Colegio de México, led the session entitled: “Redistribution: how do we understand inequality for a new social pact?”.  

If you are interested in the research being conducted by TREES and PRAEM and would like to participate in the Brown Bag Seminars next semester, 2024-I, subscribe to the TREES newsletter to receive invitations to these spaces.  

Informalities of the global south: towards a research agenda.

TREES and the Program for the Economic Analysis of Mexico (PRAEM) of El Colegio de México organized three Brown Bag Seminars during the second half of 2023, to share agendas and progress of the research they are funding. As part of the Research component of TREES, the Brown Bag Seminars are intended to promote an interdisciplinary agenda, with different approaches, to explore the causes and consequences of inequalities in the region.  

The first Brown Bag Seminar entitled “The Informalities of the Global South: Towards a Research Agenda” was held on Friday, August 25 through the Zoom platform. Juan Camilo Cárdenas, Professor at the Faculty of Economics of the Universidad de los Andes and responsible for the Outreach component of TREES, and César Mantilla, Professor at the Faculty of Economics of the Universidad del Rosario, discussed the following topics how to address questions of informality in the global south.  

His seminar began with an introduction on informality, a structural and historical issue of countries in the global south. Cardenas commented on the possibility of approaching this phenomenon from new perspectives such as behavioral and experimental economics, as well as field observation. He also explained that approaching informality from a new perspective implies proposing new definitions and thinking about the possibility of the existence of virtuous informality, with benefits for society. 

The authors argued that labor relations incorporate more economic agents and elements than is usually thought. The interactions between owners, management and workers include elements that determine whether the relationship is formal or informal. However, The researchers proposed new components that move away from the formal/informal dichotomy, such as respect, dignified treatment and trust, among others.  These components are fundamental, but are not part of a formal contract. In addition, they pointed out that formal and informal arrangements can coexist within a single relationship, separating these concepts from legality. Adding new edges to relationships makes it possible to erase the dichotomous division between formality and informality and begin to think of them within a range of relationships. 

In the social exchange between two people, there are different factors that determine whether the interaction is virtuous or detrimental. Mantilla identified three trade-offs, i.e., the trade-offs that occur between costs and benefits, which are present when the labor relationship is more formal or more informal. The first has to do with compliance rules. On one side is the legal contract and formal rules. On the other, trust. A formal employment relationship is governed by the contract, while an informal one relies on the trust between the two parties. The costs of these extremes are: greater exclusion at the formal end and the risk of disproportionate or illegal mechanisms when trust fails and the agreed arrangement is not complied with. 

The second trade-off has to do with the reaction to uncertainty. At one end of the spectrum are social insurance mechanisms to protect the people who are part of the formal agreement in the face of any uncertainty. Rigidity, however, can generate costs to the relationship. At the other extreme is greater flexibility in the face of uncertainty, but at the cost of not having protection in exceptional circumstances. 

The last trade-off is related to the asymmetry of how information is acquired for the employment relationship. On the one hand, information is acquired through formal documents that function as selection mechanisms for choosing with whom to create a relationship. The cost of this extreme is the exclusion of those people who have not had access to formal mechanisms to confirm their value. The other extreme has a more horizontal communication mechanism, through hearsay and a “voice to voice” of personal reputation. The disadvantage on this side of the spectrum is the possibility of misinformation.  

Identify these trade-offs led Cardenas and Mantilla to propose that informality persists because, despite certain sacrifices, it also brings benefits to those who participate in these arrangements. For example, informality may be the best cradle for innovation because it is not constrained by the rigidity of formal arrangements.  

The researchers posed two methodological challenges. First, how to account for the creation or destruction of value derived from informal and formal labor relations? This value has to do both with losses or gains in economic efficiency, but also in fairness. Secondly, how to define and measure informality? This element brings the challenge of how to generate experiments with informal workers if they prefer not to become visible to the State.  

Cardenas and Mantilla proposed using the lens of behavioral economics to approach informality and explore what tools and prior knowledge are applicable in this research. Their agenda, then, consists of four elements. First, to improve the taxonomy with which we talk about labor relations and interactions between economic agents. Second, to stop viewing formality and informality in a divided manner. Thirdly, to explore how, through the trade-offs, Informality can generate economic value and justice. Finally, expand approaches to political economy and think about elements such as dignity, power, abuse and care. 

The session ended with a space for questions and interventions from the audience. Participants from Uniandes and COLMEX shared their own perspectives on what they have learned from informality and added factors to consider in research. Among the comments, the challenges of taxonomic creation and moving away from divisive concepts were mentioned. The inclusion of other actors in the picture such as the State was also proposed, along with an assessment of their power and scope. The researchers were grateful for the interventions and commented on the importance of having other perspectives to enrich their work.  

Access the full recording of the first Brown Bag Seminar here: 

The Washington Consensus in Latin America: what did we learn and where are we going?

On November 15, we held the discussion “The Washington Consensus in Latin America: what did we learn and where are we going? It was held at the Universidad de los Andes, and was the first face-to-face activity of the alliance between TREES and the PRAEM (Program of Economic Analysis of Mexico) of El Colegio de México. 

The purpose of the event was to reflect on the scope, effects and limitations for Latin America of the economic liberalization policies established 30 years ago in the Washington Consensus. The reforms that were part of this Consensus focused on promoting trade freedom and deregulation, thus limiting the incidence of the State in the market.  

Despite the fact that these policies have led to macroeconomic stability in some countries of the continent, the challenges of inclusion, sustainability and increasing inequalities persist in Latin American countries, which has led to social unrest and significant political changes in some countries of the region. Achieving a deep and plural reflection on the decisions made in recent decades is essential to influence the creation of economic, political and social alternatives that will lead to attacking these persistent problems. 

To achieve this goal, the discussion brought together four experts: Cecilia López, former Minister of State of Colombia, an expert on the country's inclusive economic and social policies. Lorenza Martínez, CEO of Actinver Bank, who has extensive experience in public and private financial institutions. Olga Lucía Acosta, member of the Board of Directors of Banco de la República de Colombia and expert in monetary and financial policies. Santiago Levy, head of the Employment Mission in Colombia, recognized for his contributions to the fight against poverty.  

The conversation included questions to reflect on the achievements and legacy of the Washington Consensus in relation to institution building, reforms and public policies. It also explored what illusions have been left unfulfilled, along with the factors that possibly interfered with their realization. In addition, it analyzed the ways in which the paradigm proposed in the 1990s neglected factors of social and political reality.  

On the other hand, more specific ideas were included regarding the weaknesses of current social policy, delayed objectives to reduce inequalities, climate change, mitigation policies, the challenges of central banks in Latin America, the change in the relationship between the public and private sectors to create economic alternatives and the most important lessons learned in the fight against poverty.  

If you missed the conversation, you can watch the live webcast here:  

Just energy transition: a perspective from the Wayuu nation

A key element of the TREES Research Lab proposal is to give students the opportunity to learn about new voices and perspectives that broaden their vision of inequalities. This semester, with the Just Energy Transition as a central theme, the TREES Research Lab invites to the discussion “Just Energy Transition: a view from the Wayuu nation”. 

Andrés Álvarez, professor at the Faculty of Economics at Uniandes and director of the GIHPTE seedbed, points out the importance of thinking about the energy transition from particular social contexts, such as the case of the Wayuu indigenous population in La Guajira: “they are populations that will be directly affected by this transition problem”. From his seedbed, they have proposed the need to broaden their vision to new cultural contexts and think about the justice component not only from the “knowledge of economists or Western philosophy, but also from other points of view”.   

For this reason, the Research Lab will have the presence of Weildler Guerra, PhD in Anthropology from the Universidad de los Andes and former director of the Observatory of the Colombian Caribbean, to share with students the cultural perspective of his Wayuu people about the changes brought by the energy transition. The meeting will take place next Monday, October 30, at 5:00 p.m., in room RGD 112-113 of the Universidad de los Andes.  

About Weildler Guerra: Exemplary Colombian Award (2021). National Culture Award in the area of Anthropology. Member of the 2019 International Mission of Wise Men of the Colombian Academy of History and of the Honorary Commission of the Bicentennial.  

A just transition is at the center of Colombia's energy plans, but to what extent does it reflect indigenous visions of energy justice? Download Wayuu Winds, recently published by Weildler Guerra.