university of tampa international symposium
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MEGA TRENDS IN MEGA TRENDS IN LATIN AMERICALATIN AMERICA
Business Opportunities and Business Opportunities and Strategies for U.S. CompaniesStrategies for U.S. Companies
University of Tampa Board of Counselors
4th Annual International Symposium
Carmen Bracamonte
President, LargerNet L.L.C.
Central Questions about Latin America
Why are the factors associated with the economic growth in Latin America?
What are the most recent trade trends in Latin America?
Is the business environment the same across Latin America?
Reality vs Assumptions
Business Realities in Latin America the hard way… Significant differences by country and by region
More than economics, institutional capacity is critical
..and accountability and transparency
..and also, the Rule of Law
National cultures vs Corporate cultures
Is NAFTA-Mexico a good example?…well
The New Political Economy of North America
Post-industrial USA, from manufacturing based to technology-knowledge based.
U.S. vertical integration The roles of Canada
and Mexico NAFTA USFTA with Chile,
Panama, Peru, and Colombia
CAFTA (Central America and the DR)
FTAA
What variables have a critical role for the U.S. to induce FTAA?
Addition of Eastern European countries to EU
National security in the continent–a premium variable for the U.S.
Political stability in the continent
Sustainable economic growth
But, is the U.S. Congress ready?
What are the regional political variables that collide with U.S. interests?
Venezuela –the expansion of the Chavez model
Cuba -the transition to democracy
Is the political left expansion: Brazil, Argentina, Bolivia, Ecuador, Peru, Chile and Nicaragua, a reality?
Lack of real economic improvement (per capita) due to trade
…and a key variable: the Socio-
economic conditions in Latin America
…and a key variable: the Socio-
economic conditions in Latin America
Yet, the U.S. Dept. of Commerce is seeking to reactivate negotiations by: sparking and sustaining innovation creating solutions in education and workforce
development designing successful global supply chain
strategies fostering small business development and
growth
What is the future Latin American economic scenario?
a. Speed of second generation reforms
b. From internal producing and consuming market to an international, regional and global economy
c. US is a regional leader in the marketplace and that is not going to change
d. Rule of law, accountability and transparency
e. Paradox of social inequality (human capital investments)
Working force development requires to add International Education and Skills (+)
Working Knowledge in: Language skills –
functional level Culture at the exchange
level Political, economic, and
social systems. National cultures Corporate cultures
abroad
Mega Trends- Business Intelligence in Latin America
TOP INDUSTRIES
Telecommunications Infrastructure Real Estate
Development Software Technologies Oil Technologies Finances Consumer Goods
HOT SPOTS
What This Means for Business?
Emerging Countries Entrepreneurs Small Business
Owners Success Stories Consortium of Public
and Private Sources
Success StoriesBusiness Model Business Intelligence Localized Networks Outsourcing: Qualify
Vendors and Suppliers Identify effective
Distribution Channels Leverage on non-traditional
marketing (WOW, Social Media, and Sustainability)
Extraordinary Customer Service
International Protocol
The Patience Factor in Negotiations
The Credibility Factor Communications Timelines Contracts Know the impact of
gender in trade
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