Regional launch of RED 2021

CAF – development bank of Latin America – invites you to the regional launch of RED 2021, entitled "Pathways for integration: Trade Facilitation, Infrastructure and Global Value Chains".

 

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Most Latin American countries have implemented trade opening policies in the last 30 years unilaterally, multilaterally and in the context of trade agreements reached within the region, as well as extra-regional partners. These have had an impact on tariff and non-tariff barrier reductions. Although for the region as a whole these policies have generated increases in trade and investments, the magnitude of these increases has been modest and does not match expectations for the impact of these initiatives on growth and welfare. One reason for this situation is that the aforementioned opening measures did not create significant or sustained increases in intraregional trade, which has remained at around 15% of total exports since the mid-nineties, with little change over the years. This suggests that geographical proximity does not seem to have had a significant impact in terms of lower trade costs, a fact also seen in other regions and economic blocs. Given these circumstances, it is worth asking what the causes of this poor performance have been.


This report explores the hypothesis that the low international installation of companies in Latin America is partly due to a lack of regional space usage as a complement to global export expansion strategy. This hypothesis therefore puts the focus on feedback and the benefits of regional and global openness, or what has been called ‘open regionalism’. To achieve this improve regional and global installation, the report proposes to act on three specific areas: trade facilitation, physical infrastructure and productive integration.

 

Date: Wednesday, November 18, 2021

Time:

          10 a.m. Colombia/Ecuador/Mexico/Panama/Peru

          11 a.m. Bolivia/Paraguay/Venezuela

          12 p.m. Argentina/Brazil/Uruguay

          4 p.m. Spain

The event will be streamed live here.

program

*Local time (of the country where you are located)
  • Opening
    • Sergio Díaz-Granados Executive President, CAF -Development Bank of Latin America and the Caribbean-
    • Erika Mouynes Chancellor, Ministry of Foreign Affairs of Panama
  • Presentation of the 2021 Economy and Development Report (RED)

    Moderator: Ernesto Schargrodsky | Director of Socioeconomic Research, CAF -development bank of Latin America-

    • Lian Allub Principal Economist, Directorate of Socioeconomic Research, CAF -Development Bank of Latin America-
    • Irene Brambilla Professor of Economics, National University of La Plata
    • Lorenzo Caliendo Professor of Economics, Yale University
  • Discussion panel on Public Policies for Integration

    Moderator: Pablo Sanguinetti | Knowledge Vice President, CAF

    • Víctor Bisonó Minister, Ministry of Industry, Commerce and Mipymes of the Dominican Republic
    • Carmen Gisela Vergara Executive Director, PROPANAMÁ
    • Andrés Cárdenas Vice Minister of Foreign Trade, Colombia
    • Raúl Cano Ricciardi Vice Minister of Economic Relations and Integration of Paraguay
  • Argentina-Uruguay integration project: Monte Caseros-Bella Unión Bridge
    • Gustavo Béliz Secretary of Strategic Affairs of the Presidency of the Argentine Nation
    • Francisco Bustillo Bonasso Minister of Foreign Affairs, Uruguay
  • Signing of the CAF-CAN Technical Cooperation Agreement on Trade Facilitation
    • Jorge Hernando Pedraza Secretary General, Andean Community
    • Sergio Díaz-Granados Executive President, CAF -Development Bank of Latin America and the Caribbean-
  • Closure
    • Christian Asinelli Corporate Vicepresident of Strategic Programming, CAF -Development Bank of Latin America and the Caribbean-

panelists

Sergio Díaz-Granados
Sergio Díaz-Granados

Executive President, CAF -Development Bank of Latin America and the Caribbean-

Erika Mouynes
Erika Mouynes

Chancellor, Ministry of Foreign Affairs of Panama

Ernesto Schargrodsky
Ernesto Schargrodsky

Director of Socioeconomic Research, CAF

Lian Allub
Lian Allub

Principal Economist, Directorate of Socioeconomic Research, CAF -Development Bank of Latin America-

Irene Brambilla
Irene Brambilla

Professor of Economics, National University of La Plata

Lorenzo Caliendo
Lorenzo Caliendo

Professor of Economics, Yale University

Pablo Sanguinetti
Pablo Sanguinetti

Vice President of Knowledge, CAF –Development Bank of Latin America-

Víctor Bisonó
Víctor Bisonó

Minister, Ministry of Industry, Commerce and Mipymes of the Dominican Republic

Andrés Cárdenas
Andrés Cárdenas

Vice Minister of Foreign Trade, Colombia

Carmen Gisela Vergara
Carmen Gisela Vergara

Executive Director, PROPANAMÁ

Raúl Cano Ricciardi
Raúl Cano Ricciardi

Vice Minister of Economic Relations and Integration of Paraguay

Gustavo Béliz
Gustavo Béliz

Secretary of Strategic Affairs of the Presidency of the Argentine Nation

Francisco Bustillo Bonasso
Francisco Bustillo Bonasso

Minister of Foreign Affairs, Uruguay

Jorge Hernando Pedraza
Jorge Hernando Pedraza

Secretary General, Andean Community

Christian Asinelli
Christian Asinelli

Corporate Vicepresident of Strategic Programming, CAF -Development Bank of Latin America and the Caribbean-