Economies & Business Sectors in Latin America: Economies & Business Sectors in Latin America Dr. Roberto Solano


Latin America: A Giant in its Own Right: Latin America: A Giant in its Own Right Sources: Oxford Economics Group, ECLAC, EIU, Latin Focus, InfoAmericas analysis


Major Players in Latin America Economies: Major Players in Latin America Economies Top 3 Economies Brazil Mexico Argentina


Major Players in Latin America Economies: Major Players in Latin America Economies Brazil GDP $1.4 trillion (2004 est.) Increased focus in targeting inflation Expanding presence in world markets


Major Players in Latin America Economies: Major Players in Latin America Economies Mexico GDP $1.006 trillion (2004 est.) Recovery from 1994 peso crisis Trade integration NAFTA 90%+ of trade under free trade agreements


Major Players in Latin America Economies: Major Players in Latin America Economies Argentina GDP $483.5 billion (2004 est.) Developed agricultural and industrial bases Economic Hardship 2000´s/2002 Floating peso adapted Recent Economic Recovery


Industries in Latin America: Industries in Latin America Past & Present Agricultural Rural areas Coffee, corn, cotton, fish, flowers, fruit, meat, soybeans, sugar and wheat


Agricultural in Latin America: Agricultural in Latin America 2000 Figures Sources: World Bank/ Latin Business Chronicle


Industries in Latin America: Industries in Latin America Present Manufacturing Automotive Petroleum Textiles Tourism


Manufacturing in Latin America: Manufacturing in Latin America Automotive Companies with Plants in Latin America DaimlerChrysler Fiat Ford Motor Company General Motors Volkswagen


Manufacturing in Latin America: Manufacturing in Latin America Automotive Industry in Mexico $35 billion business 1/5 country's manufacturing output Employing ½ million people BusinessWeek Online 6/13/05


Manufacturing in Latin America: Manufacturing in Latin America Automotive Industry in Mexico ¾ of Mexican made vehicles exported to U.S Major Players: The Detroit Big Three Volkswagen BusinessWeek Online 6/13/05


Manufacturing in Latin America: Manufacturing in Latin America Petroleum Presence in Latin America OPEC-Venezuela Latin American Production/Foreign Refining Affect on economies


Manufacturing in Latin America: Manufacturing in Latin America Petroleum Growth in sector 2004 increase: 2.73 million barrels per day (mbd) China (.86 mbd) U.S. (.61 mbd) Other Asian countries (.45 mbd) Source: AméricaEconomía 5/6/2005


Manufacturing in Latin America: Manufacturing in Latin America Textiles Maquiladora Industry Cut fabric parts from U.S. exported to Mexico and other Latin American countries to be assembled and sent back to U.S. Mexico, Honduras, Guatemala, Nicaragua,etc. Denim, underwear, sewing thread, etc. NAFTA and other trade agreements


Tourism in Latin America: Tourism in Latin America World Tourism Organization (WTO) reported that international tourism arrivals grew by 10% in 2004 Many Latin American countries are only now waking up to the potential of this industry with the exception of Mexico and the Caribbean Infoamericas Tendencias 09-03-2005


Tourism in Latin America: Tourism in Latin America Mexico Established Tourism Sector/planning 80% of tourist arrivals is from U.S. Caribbean Healthy Tourism with FDI (mostly U.S) Enclave Beach Resorts/Cruises Little spending outside of resort/port Infoamericas Tendencias 09-03-2005


Tourism in Latin America: Tourism in Latin America South and Central America Rich in culture, geography and history Beginning to notice and invest Maximizing their potential


Tourism in Latin America: Tourism in Latin America Governments and Tourism Increase domestic consumption Source of income of US dollars Positive political spin Sustainability Environmentalism


Tourism in Latin America: Tourism in Latin America Source: OMT, June 2004 World Bank and AméricaEconomía


Tourism in Latin America2003: Tourism in Latin America 2003 Source: OMT, June 2004 World Bank and AméricaEconomía


Tourism in Latin America: Tourism in Latin America No Longer just Club Med Wealth concentrated in All-inclusive Resorts Spending outside is modest and dispersed Special Interest Tourism Diversify sector


Tourism in Latin America: Tourism in Latin America Special Interest Tourism Tourism Sub-sectors Ecotourism Agro/ethno tourism Cultural consumer Gastronomical/Viñatero Adventurism


Tourism in Latin America: Tourism in Latin America Future of Tourism in Latin America Country Label Differentiation Exploit diverse geography Attract high value businesses


Latin American-Tourism Forecasts: Latin American-Tourism Forecasts Source: Infoamericas Tendencias 09-03-2005


Industries in Latin America: Industries in Latin America Future Technology Intelligence Sector


Technology in Latin America: Technology in Latin America Costa Rica Electronics Exports Electronic components Microprocessors Intel Chip testing plant in capital Future Development with CAFTA-DR


Technology in Latin America: Technology in Latin America Mexico's Potential Over the next ten years, Mexico’s software industry could employ one new programmer every 10 minutes. That’s more than one half-million high tech jobs, if only  there was an adequate pool of qualified programmers that employers could draw from Mexico produced English-speaking programmers the Mexican software industry was looking for business in the right place the Mexican Government understood what is needed to help develop the industry Infoamericas, 6/03/03


Technology in Latin America: Technology in Latin America


Average Monthly Salary for Software Development Professionals: Average Monthly Salary for Software Development Professionals Infoamericas, 6/03/03


Intelligence Sector in Latin America: Intelligence Sector in Latin America Case of Monterrey Manufacturing to Intelligence Industry Alliances between state government agencies, universities and businesses Change in Thinking in Latin America


Intelligence Sector in Latin America: Intelligence Sector in Latin America Change from: Creation of jobs to the creation of businesses and entrepreneurs Competing with low costs to competing with added value Enthusiasm, energy and motivation to knowledge and abilities Made in Mexico to designed and created in Mexico