When: 25-26 April, 2007
Where: Santiago de Chile, Chile
The Power of a Positive Regional Agenda
By 2007 there will be twelve democratically elected heads of government engaged in bringing change to Latin America. The World Economic Forum for Latin America in Santiago de Chile will provide a unique setting for understanding recent power shifts in the region, identifying new business opportunities, and drawing up economic policies to shape regional development.
Despite many economic challenges, Latin America has been able to take advantage of positive international trends, such as lower interest rates and higher prices of commodities like oil, copper, and agricultural products. As a result, the region has had three years of strong economic growth: nearly 6% in 2004, an average of 4.5% in 2005/2006, and an expected 4.2% for 2007. An increase in international trade, renewed capital flows, greater fiscal responsibility, improved current account management as well as higher reserves have helped to reduce the spreads on the Latin American debt.
See full Press Release.
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