The Lacea Workshop in International Economics and Finance at Universidad Torcuato Di Tella meets every August and is organized by the Department of Economics at UTDT. The Summer Camp is part of the annual activities of the Department of Economics at Universidad Torcuato Di Tella. It is an unique event that brings together top researchers, financiers, and policymakers from the North and the South to discuss recent theoretical and empirical advances in International Finance, with special emphasis on recent crises and macroeconomic issues relevant to Latin American countries. One key advantage of holding these Camps in the South is that they facilitate the participation of policymakers that are directly dealing with these problems. We are hoping that over the years this type of intellectual exercise will help to identify key issues, and induce influential researchers to devote their energies to a better understanding of the region economic problems. This type of policy oriented research should eventually result in economic policies in the north and the south that will prevent crises, induce macroeconomic stability, and foster growth.