Economic Commission
The WEC for Latin America is organized by government of the State of Rio de Janeiro along with the Brazilian Agency of Promotion of the Export and the Investment (Apex Brazil), that were associated the year last with the organization of World-wide the Economic Forum to bring the regional event to the country. ” We know the importance of having in River the center of the discussion of the world-wide crisis and its implicancias for Latin America, for that reason we decided to support the Foro” , it declared Alessandro Teixeira, president of Apex Brazil. It is not necessary to forget as it indicates laprensagrafica.com to it, that the Economic Commission of United Nations for Latin America and the Caribbean (Cepal) back revealed days a report in which it maintained that the financial crisis will have a fort and negative impact in the region, and will be reflected in a possible diminution of the foreign investment. The impact of the global crisis in the region, according to Cepal, ties to the shortage of the external financing and to the magnitude of the problems of the international trade. The Cepal experts indicated that the investments direct foreigners in Latin America fell of 184,000 million dollars in 2007 to 89,000 million in 2008, and anticipated that in 2009 an additional 50% will fall, to 43,000 million dollars. On the other hand, the regional exports to foreign markets will fall 9% in 2009, according to the Cepal.