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THIS IS A SUMMARY OF AN EVENT WITH MR ENRIQUE GARCIA RODRIGUEZ ON FEBRAURY 12th
In light of the global economic crisis of 2008-2009, a certain degree of triumphalism might be expected when considering the performance of the economies of Latin America. Enrique García Rodríguez, speaking at an event held in Westminster, London on 12th February 2013, presented what lessons Latin American economies have taken from their past experience and addressed the role of CAF in the intricate issue of Latin America’s regional integration.
1- Readjustment Process (1990s)
2- How to strengthen regional integration?
Three crucial points were evaluated as fundamental for the advancement of Latin America’s regional integration. A comparison with Asia was kept in parallel.
3- Role of CAF
CAF tries to support initiatives on the policy side, particularly in the promotion and financing of projects in areas that are crucial for development. It has taken an important lead in the financing of infrastructure by:
4- What can be perceived for the future of Latin America?
The good results in the last ten years are a great platform to take necessary steps in the direction of reshaping the model for development. The main risk is not necessarily what happens to American, European, or Chinese economies; the main risk is complacency. Finally, the good news is that most governments today are becoming aware of this situation and understand that the time has come to carry on with the changes.