ANCLAS Business briefing in Melbourne, 12 September 2014

The Australian National Centre for Latin American Studies at the Australian National University and the State Government of Victoria proudly invite you to:

 

Latin America Business Briefing

 

A unique opportunity for Australian business to learn more about conditions, opportunities and risks for business in Latin America.

 

Welcome by: Mr Julian Hill.   Acting Deputy Secretary, Trade, Manufacturing, Aviation & Employment, State Government of Victoria

 

Our distinguished speakers over lunch will be:

 

Cynthia Sanborn “The controversies and challenges of mining in Latin America: the case of Peru”

Dr. Sanborn is a Professor of Political Science and the Director of the Research Center at the Universidad del Pacífico (CIUP) in Peru. Cynthia is an author of articles and books related to Peruvian and international politics, civil society and development, and corporate social responsibility, with emphasis on the extractive industries.  Her recent publications include work on Chinese investment in Peru. She received her PhD and MA in Government from Harvard University and a BA in Political Science from the University of Chicago.  

 

Robert Funk “Recent political change in Latin America: the case of Chile”

Robert Funk is Assistant Professor of Political Science at the Institute for Public Affairs of the University of Chile and Director of the Institute’s Centre for the Study of Public Opinion. Robert is Executive Director of Plural, a public policy think tank. He obtained his PhD in Government at the London School of Economics and Political Science. Dr. Funk has consulted on Latin American issues for a variety of government and private sector institutions.

 

Enrique Dussel Peters “Latin America’s engagement with the Asia-Pacific”

Enrique Dussel Peters is a Professor of Economics at the National Autonomous University in Mexico (UNAM) where he directs the China-Mexico Institute. He is the leading expert on Chinese connections with Latin America.

 

Supported by Dr John Minns, Director, Australian National Centre for Latin American Studies (ANCLAS) at the Australian National University and Dr Sean Burges, Senior Associate at ANCLAS.

 

Lunch provided.

 

Where: the Sir Redmond Barry Room, Victorian Government’s Investment Centre,

Level 46, 55 Collins Street, Melbourne

 

When: 12.30pm – 2.30pm Friday, 12 September

 

There is no charge however

RSVPs are essential by Friday 5 September: anclas@anu.edu.au

For more information please contact: anclas@anu.edu.au or phone +61 2 6125 4697

 

ANU logo     ANCLAS picture    Victoria

 

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Registration open — 2014 ANCLAS Conferece — The Asia Pacific-Latin America Nexus

Exploring the Latin America-Asia Pacific Nexus

All day event
9:00am – 5:00pm

The Haydon-Allan Lecture Theatre (The Tank)
ANU

The 2014 Latin American and the Shifting Sands of Global Power Conference held by the Australian National Centre for Latin American Studies (ANCLAS) at the Australian National University, Canberra, Australia will explore the extent and nature of the Latin America-Asia Pacific nexus, focusing on the areas of economics, international relations and corruption and governance.

Latin America and the Asia-Pacific have rediscovered each other. In the wake of the global financial crisis, both regions have thrived while traditional economic centres have struggled. This has created a shift in focus, with Latin American businesses and policy makers looking beyond China to include other countries in the Asia-Pacific and vice versa. This growing mutual awareness is reflected in trade, investment and tourism, leading to an enhanced sense of trans-Pacific opportunities.

Conference fee:

            Earlybird (16 August 2014)            Full-time employed: AUD$100
                                                                               Student: AUD$20
            After 16 August 2014                     Full-time employed: AUD$120
                                                                                 Student: AUD$20

For registration and payment via MasterCard and Visa, please follow the link below:

http://www.anclas.anu.edu.au/event/conference/2014-latin-american-and-shifting-sands-global-power-conference
Conference email: anclas2014@anu.edu.au

Further details and the program will be posted on the ANCLAS website and the ANCLAS blog as they become available.

 

 

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Dollarization days numbered in Ecuador?

In January 2000 Ecuador adopted the US dollar as the national currency in a bid to bring fiscal policy and inflation under control. The country has been coming under increasing balance of payments pressures and is looking for some way to manage the challenge — the problem with dollarization is that you can’t just ‘print’ more dollars if you run short, unless you are the US. Bloomberg wire is reporting that President Rafael Correa has just won approval from Congress for the creation of a type of ‘electronic’ money that can be used for making payments within Ecuador. There is uncertainty about what exactly this means and if it will be used, but one interpretation is that it is the first possible step in a de-dollarization of the Ecuadorian economy.

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Ecuador-Indonesia links to grow?

A report in the Jakarta Post suggests that some specific attention is being given by the Indonesian government to boosting trade and investment ties with Ecuador. Trade is still low, but there seems to be interest in investment and further trade in the energy sector. The story, in English, is here: http://www.thejakartapost.com/news/2014/08/12/indonesia-boost-trade-with-ecuador.html

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TELECOMS IN MEXICO

Mexicox telecom

 

Last week, the House of Representatives approved the last set of regulations of the telecommunications reform launched by President Enrique Peña Nieto. This law is only part of structural changes that the current administration started in 2013. In recent visits to Mexico, the Managing Director of the IMF, Ms Christine Lagarde and the Secretary General of the OECD, Mr. Jose Angel Gurria praised the initiatives started by President Peña Nieto, with the support of the Pacto por México coalition (see previous post). Both representatives agreed that this will transform Mexico’s economy and will improve living standards in the medium term.

The main objective of the reform is to foster fair competition and to increase the productivity of the Mexican industry, especially of micro, small and medium enterprises (SMEs). According to the 2009 economic census (INEGI), SMEs represent 98% of the economic units, produce 52% of GDP and employ 72% of labour force in the country. This means that SMEs are the corner stone of the Mexican economy and therefore it is vital for the country to create conducive conditions for SMEs to flourish. In practical terms, the telecommunications reforms seeks to lower prices and increase quality and coverage of services.

The Senate passed the bill on the 4 July, while the House of Representatives ratified it on the 8 of July. In both chambers, PRD vote against it. Critics argue that there was not any real debate and that there are major gaps in the regulation. It is believed that major corporations were able to protect their interests and that is why the law took more than eight months to be finalised. However, the strength of the reform is that it is embedded article 6 of the National Constitution, which related to the freedom of speech.

While there are many other elements that can be highlighted, for those who have lived in Mexico would agree that these are significant steps that if fully implemented will bring large benefits to telecommunications users. So here are only a few of the practical aspects of the reform, but as experts would notice the extent and technical details of the reform are far beyond the scope of this post. To start the law establishes the Federal Institute of Telecommunications (Instituto Federal de Telecomunicaciones or IFETEL), replacing the old Federal Commission. IFETEL is an autonomous government body that will function as an anti-trust agency in the sector.

Regarding phone and mobile phone services we can underline the elimination of long distance call and roaming charges, refund of fees for early termination of contracts, mobile devices will be sold unlocked, possibility for mobile phone users to transfer their number across to the carrier of their choice. As for television and radio broadcasting, there will be two new national open television broadcasters and a new state radio and television broadcaster with national coverage and private televisions (pay TV) will be able to telecast free-to-air television for free. Moreover, parental services will be implemented to restrict adult content to young users, any discrimination based on gender or race will be monitored and sanctioned, access to people with disabilities will be enhanced and illegal use of personal data will be strictly penalised. For further details see here.

The success of the reform is still to be seen. Mexico’s telecommunication sector is dominated by few powerful actors, so the challenge for Peña Nieto administration is to actually ensure that the telecoms law is fully implemented and that hegemonic competitors are dismantled to allow fair competition in the sector. Nevertheless, right after the approval, telecommunications mogul Carlos Slim, unexpectedly announced that he will sell part of its business. It seems perhaps that dominant players are one step ahead of the game. Will the new IFETEL (and  Peña Nieto’s government) be up to the test?

The full text of the telecoms reform can be accessed here (Spanish version only).

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Renewed directions in Peruvian foreign policy

Incoming Peruvian foreign minister Gonzalo Gutiérrez recently gave a television interview mapping out some key priorities for Peruvian foreign policy.

The key points:
–Latin American integration is very important for Peru

–The Pacific Alliance is a critical structure, acting as a ‘trampoline’ for deeper engagement with the Asia-Pacific. The Pacific Alliance process is evolving well and will push new elements of trade regulation harmonization, worker mobility and education going forward.

–Exchange with Asia is critical for Peru’s future and trade agreements are already in place with China, Japan, Korea and Thailand.

–Work is progressing on eliminating Shengen Visa requirements for Peruvians, which the Chancellor takes as a sign that Peru is being seen as an emerging regional power in Latin America that merits the confidence of international partners, in this case specifically the European Union.

–The next big trade agreement priorities highlighted are the Trans-Pacific Partnership and an FTA of some form with India.

 

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LATIN AMERICAN DONORS’ DEVELOPMENT COOPERATION POLICIES

Last February, the Development Policy Centre at Crawford School of Public Policy of ANU hold the 2014 Australasian Aid and International Development Policy Workshop. The event had more than 50 papers spread over some 19 plenary and panel sessions, session topics include: changing aid frameworks, labour mobility, disaster management, health and aid, fragile states and governance, and more.

ANCLAS Deputy Director Dr. Sean Burges and Carmen Robledo, ANCLAS Associate and PhD candidate at the School of Politics of International Relations of ANU represented ANCLAS in the event.

Dr. Burges participated in the  a plenary panel session – Making their mark: the BRICS and aid with the presentation titled “Brazil’s international development cooperation: old and new motivations”. To read an abstract of Dr. Bruges’ presentation visit the DevPolicy blog.

Ms. Carmen Robledo participated in a panel on donors studies. Her presentation focused on the motivations driving developing assistance policies in Latin America. To see the slides of Carmen’s presentation click here and to read an abstract of this presentation see her contribution on the DevPolicy blog.

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