Transcript
Fred Barbash-Moderator: Good afternoon everyone. Mauricio Cárdenas is a senior fellow and director of the Latin American Initiative. Formerly minister of Economic Development and Transportation, and director of National Planning of Colombia, his research focuses on international and development economics. He is also the president of the Latin American and Caribbean Economic Association (LACEA). He is our guest today and will take your questions on U.S.-Latin America relations.
Welcome Mauricio. Let’s get started.
12:30 Mauricio Cárdenas: Thanks for having me. I'm looking forward to today's questions.
12:30 [Comment From Shawn] Can you explain how the current global financial problems have affected Latin American countries? Have the dealt with the crisis better than other countries?
12:31 Mauricio Cárdenas: Most of the countries in the region are in a recession, but not in a deep crisis. Interestingly, many are seeing signs of recovery, so probably the worst is over.
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