Innovation in moments of crisis

For Central America, the innovation field is an almost unexplored area, putting the region at a disadvantage in the face of the global crisis.

Wednesday, December 10, 2008


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The global economic crisis, which is battering rich and poor countries without mercy, has forced Central American countries to look at the need for innovation in order to avoid the collapse of their vulnerable economies.

The development of a efficient model of innovation for production systems as well as for the social sector, is seen by the private and public sectors of the countries on the isthmus as the key to protecting themselves from the imminent prolongation of global economic instability.

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Panama and the Council of the Americas

March 2012

For the second consecutive year in Panama the Latin American conference of the Council of the Americas was held, this year subtitled "Panama: Where the World Meets."

The Council of the Americas is a private U.S. organization, composed of large international corporations with interests in the region, and who are mediators seeking greater cooperation and economic integration in the continent.

Maritime Cargo increases by 26% in Puerto de Acajutla

May 2011

The Salvadoran terminal moved in 2010 a total of 145,774 TEUs.

The information derives from the ranking prepared by the Economic Commission for Latin America and the Caribbean (Cepal).

An article in El Mundo notes, "The amount of cargo being moved in Acajutla represents recovery, compared to the plummet experienced in 2009 of 41.158 TEU less than the previous year, which was attributed to the global economic crisis.

Trade and Investment Meeting in El Salvador

April 2009

On April 23 and 24, El Salvador will host the Second Latin American and Caribbean Meeting of Trade and Investment.

Among the topics to be discussed at the meeting organized by the Salvadoran Commission for the Promotion of Exports and Investments (PROESA and EXPORTA) are: the impacts of the global crisis on developing countries and the measures that have been taken to mitigate it; an analysis of the Latin American and Caribbean competitive situation in infrastructure and trade services and the situation of the tourism sector, including its current challenges and opportunities.

Infrastructure: the multiplying factor

November 2008

The Minister of Public Works of Panama es convinced that to weather the crisis investment in infrastructure must be widened. Below he explains how he is doing that.

With an estimated growth of 9% for 2009, Panama will be the Latin American country with the greatest economic expansion next year, according to a forecast by the International Monetary Fund (IMF).

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