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New IDB Study Analyzes Significant Drop in Exports from Latin America and the Caribbean

The Trade and Integration Monitor 2015 will be launched in San José, Costa Rica and in Spanish via Web streaming

SAN JOSÉ, Costa Rica - After three years of stagnation, exports from Latin America and the Caribbean started to fall in 2014, and the decline has steepened in the first half of 2015, according to the 2015 edition of the Inter-American Development Bank’s Trade and Integration Monitor, which will be launched Oct. 16.

The negative performance, caused in part by China’s deceleration and the consequent slowdown in demand, together with declining prices for commodities exported by the region, has led to the most significant reduction in exports since the 2009 trade collapse.

The Trade and Integration Monitor 2015 analyzes the region’s current trade outlook and underlines the urgent need to promote public policies aimed at stimulating trade diversification in a context characterized by greater exchange rate volatility and prospects of higher international financing costs.

The report will be officially presented in coordination with INCAE Business School. Following the presentation, the report’s chief author will discuss it with a panel of trade and investment specialists.

The event can be followed in Spanish live via webstreaming at this link.

Date: Friday, October 16, 2015

Time: 8:30 AM Costa Rica time; 10:30 AM Washington, D.C. time

Venue: Marriott Costa Rica Hotel, Heredia, San José

Lecturers:

  • Report Presentation by Paolo Giordano, Principal Economist of the Integration and Trade Sector of the IDB
  • Discussion Panel:
    • Pedro Beirute, Manager, Export Promotion Agency of Costa Rica (PROCOMER)
    • Sandro Zolezzi, Research Director, Costa Rican Investment Promotion Agency (CINDE)
    • Arturo Condo/Alberto Trejos, INCAE Business School