'Latin America in a New Global Economic Order: Towards a New Model of Development'
On 17 February, CAF Development Bank of Latin America and the LAC held an inaugural conference on the economic and social challenges of Latin America to launch their new collaboration.
The conference provided a platform for leaders in banking, public policy, business and academia to examine the impact of the global financial crisis on the region. Other topics discussed were lessons learnt from the successful Asian economies; the growing importance of Brazil as a regional leader; and how to address the social challenges of countries in Latin America. Panellists debated whether measures to tackle the inequalities between the rich and the poor in Latin American countries were truly effective and sustainable.
Keynote speakers included Enrique García, CAF President and CEO, and Angus Lapsley, British Director for the Americas at the Foreign and Commonwealth Office. João Carlos Ferraz, from BNDES, the Brazilian Development Bank; and Martín Torrijos, the former President of Panama also contributed to the panel discussions.