State Intervention in Times of Crisis

Faced with an unprecedented global economic crisis, experts discussed the role that the State should take.

Friday, March 13, 2009

Should the state intervene more in economics issues? Should governments take more control of the market?

These are some of the questions that were discussed at a forum organized by the National Foundation for the Development of El Salvador (Funde), whose results were collected by El Diario de Hoy.

It highlighted the opinion of William Pleitez, UNDP senior economist, who argued that in the current situation "protectionism is inevitable."

More on this topic

Panama: Seguros Confianza Taken Over

September 2016

The Superintendency has taken administrative control of Seguros Confianza, as part of a process that began in November 2015 with the detection of a problem of insufficient capital.

From a statement issued by the Superintendency of Banks in Panama:

Panama: Intervention in Venezuelan Insurer

August 2015

The Insurance Regulator has ordered that administrative and operational control be taken of the Venezuelan company Seguros Constitución, for allegedly failing to comply with a regularization plan required by the regulator.

The company began operations in Panama in 2008, "... it has about $2 million in cumulative premiums and ranked 12th out of the 30 insurers in the country in terms of total policies," according to Prensa.com.

Intervention Delaying Passage Through Customs in Guatemala

November 2013

With the decreed intervention the time it takes to pass through customs has doubled and even tripled in some cases.

Elperiodico.com.gt reports: "The militarization in customs offices and the lack of staff in the Tax Authority (SAT) are delaying the passage of trucks by between three and ten days."

Background to Interbolsa’s Bankrupcy

November 2012

The fall of Colombia's largest trader is a heavy blow to the country's financial system, with possible repercussions for Central America.

An article in Dinero.com examines 23 topics that have arisen from the bankruptcy of Grupo InterBolsa, including "taking resources illegally to possible accounting fraud and money laundering."

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Phone: (502) 2416 5353 - (502) 2420 8390

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