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Newsletter                                                                                                         sponsored by

                                                                                                                                                                    Organizers
                                                                                                                            N° 9
                                                                                                         August 2nd
                                                                                                              2012



Latin America: Steadiness                                                                                                                                           Sponsors
                                                                                                                                                                      Platinum

   facing international
  economic turbulence
        Latin America is one of the best prepared regions to face a sharp international
       economic crisis scenario. Attend the XLVI Annual Felaban Assembly, Lima 2012
                              and witness its strengths on site.

Historically, international                                                         policies. For example, few years before
e co n o m i c c r i se s h ave h a d                                               the international economic crisis of                                                   Gold
adverse effects on Latin America.                                                 2008, most economies in Latin America
During several decades, Latin                                                     adopted appropriate monetary fiscal and
American countries have been                                                       exchange policies and they supervised
lagging behind, while other regions                                                 adequately the banking industry. The
experienced economic growth. But                                                    result was instrumental for keeping
nowadays it is one of the booming                                                   under control the risks that stemmed
areas of the globe. This is due, in part,                                          from the strong growth of equity and
to the high prices paid for commodities                                         credit inflows.
in a context where the Chinese economy is                                    In spite of this good news, the international
very dynamic and also to the sound macroeconomic                    context demands that they remain alert. If the crisis                                                Silver
management of Latin American countries.                            in Europe becomes deeper, or if the Chinese economy
    The main strengths of the region facing the                    slows down there would be a negative impact on
international economic turbulence lie on its robust                the exports of the region which would diminish the
domestic demand, the larger accumulation of                        dynamism of investments, and impact fiscal results.
international reserves and the reduction in the foreign            However, thanks to the greater caution shown in the
debt/GDP ratio compared with that of past decades,                 last few years, Latin America has the tools to face such
all this in a political environment of cautious economic           a risk scenario.
                                                                                                                                                                       Copper
                                         Enjoy your visit
 Accommodation                                                     attractions, tasting its exquisite gastronomy and a
 There are still around 615 rooms available in the satellite       magnificent shopping tour.
 hotels of the XLVI Annual Felaban Assembly, Lima 2012.            Contact:
 Shuttle buses to the Westin Liberator hotel, where the            inscripcionesfelaban@asbanc.com.pe
 Assembly will take place, are available in all of those
 hotels. Sign up and profit from our promotion rates.              A touch of pleasure                                                                              Media Partners
 Enter:                                                            For those who wish to give a touch of pleasure to
 www.asambleafelaban2012.com                                       their business trip, we have attractive Pre  Post
                                                                   Convention Tours, offered by our Official Travel
 Spouse and Guest Program                                          Agency.
 XLVI Annual Assembly FELABAN, offers an                           Enter:
 interesting 2 days program touring Lima visiting its              www.colturviajes.com/felaban2012                                                                 WORLD FINANCE
                                                                                                                                                                       THE VOICE OF THE MARKET




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XLVI Annual FELABAN Assembly, 9 newsletter

  • 1. Newsletter sponsored by Organizers N° 9 August 2nd 2012 Latin America: Steadiness Sponsors Platinum facing international economic turbulence Latin America is one of the best prepared regions to face a sharp international economic crisis scenario. Attend the XLVI Annual Felaban Assembly, Lima 2012 and witness its strengths on site. Historically, international policies. For example, few years before e co n o m i c c r i se s h ave h a d the international economic crisis of Gold adverse effects on Latin America. 2008, most economies in Latin America During several decades, Latin adopted appropriate monetary fiscal and American countries have been exchange policies and they supervised lagging behind, while other regions adequately the banking industry. The experienced economic growth. But result was instrumental for keeping nowadays it is one of the booming under control the risks that stemmed areas of the globe. This is due, in part, from the strong growth of equity and to the high prices paid for commodities credit inflows. in a context where the Chinese economy is In spite of this good news, the international very dynamic and also to the sound macroeconomic context demands that they remain alert. If the crisis Silver management of Latin American countries. in Europe becomes deeper, or if the Chinese economy The main strengths of the region facing the slows down there would be a negative impact on international economic turbulence lie on its robust the exports of the region which would diminish the domestic demand, the larger accumulation of dynamism of investments, and impact fiscal results. international reserves and the reduction in the foreign However, thanks to the greater caution shown in the debt/GDP ratio compared with that of past decades, last few years, Latin America has the tools to face such all this in a political environment of cautious economic a risk scenario. Copper Enjoy your visit Accommodation attractions, tasting its exquisite gastronomy and a There are still around 615 rooms available in the satellite magnificent shopping tour. hotels of the XLVI Annual Felaban Assembly, Lima 2012. Contact: Shuttle buses to the Westin Liberator hotel, where the inscripcionesfelaban@asbanc.com.pe Assembly will take place, are available in all of those hotels. Sign up and profit from our promotion rates. A touch of pleasure Media Partners Enter: For those who wish to give a touch of pleasure to www.asambleafelaban2012.com their business trip, we have attractive Pre Post Convention Tours, offered by our Official Travel Spouse and Guest Program Agency. XLVI Annual Assembly FELABAN, offers an Enter: interesting 2 days program touring Lima visiting its www.colturviajes.com/felaban2012 WORLD FINANCE THE VOICE OF THE MARKET If you do not want to receive this newsletter again please reply this e-mail with the word: REMOVE in the Subject window.