For Latin American leaders, the place to be this week was either Davos,
In its latest report, the UN Economic Commission for Latin America and the
But Presidents Calderón and Uribe did not travel to Davos to wave a white flag. Instead, at a dinner on Thursday night, their message was clear:
In the Winter issue of AQ, to be released on February 5, Paulo Vieira da Cunha takes an in-depth look at
Fiscal stimulus packages—given the green light in countries from China to Chile with the U.S. House of Representatives agreeing on an $819 billion package this week—are the hope for many countries across the globe. But the key is figuring out how much money needs to be invested to help prop up an economy. Mexico’s package was recently characterized as too small and too slow to lift the economy out of recession.
The truth: we may still have a while to go before figuring out the right ingredients to pull out of this financial mess. For Mexico and Colombia the good news is that they came into it better prepared than most countries.
Guatemala City, Guatemala
Rio de Janeiro, Brazil
San Salvador, El Salvador
Julio Rank Wright
Christian Gómez, Jr.
Johanna Mendelson Forman