Central America: Integration, investment and financial market developments
The Central American Integration System is increasing the rate of its social, political and economic integration across its eight member countries. As the Central American Bank for Economic Integration celebrates its 60th anniversary in 2020, a new OMFIF report, Central America: Integration, investment and trade opportunities, produced jointly with CABEI, explores the competitive advantages of the SICA bloc as an attractive destination for foreign investment as investors begin to consider post-Covid-19 opportunities.
Since the start of the pandemic there has been a dramatic capital outflow, collapse in commodity prices and a surge in dollar demand. The report responds to this new environment by exploring the expected economic impact, considering the responses taken by key economies worldwide to safeguard the economy and wider regional financial systems, as well as potential scenarios for recovery. It also looks at the tools at policy-makers disposal, honing in on aspects of restructuring sovereign debt, and the limitations of such instruments. The report aims to be the premier indicator of attractiveness of the region’s economic opportunities, geared primarily to overseas investment professionals and the relevant authorities in each jurisdiction.
OMFIF and CABEI are organising an on-the-record virtual launch for the first edition of the report on Thursday 29 October 2020. This will include a presentation of findings and a panel discussion featuring policy-makers and practitioners from across the region and beyond. The panel will discuss the findings of the report and reflect on opportunities and challenges in financial market development. Key areas for attention will be condition’s for foreign investment and prospects for regional integration and sustainable growth in the aftermath of the pandemic.
09:00-10:00 (New York)