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Dr. Leonel Fern\u00e1ndez Analyzes the Impact of the Global Structural Crisis at the Thirty-Forth Session of ECLAC<\/STRONG> D<\/SPAN>r. Leonel Fern\u00e1ndez, former president of the Dominican Republic and President of Global Foundation for Democracy and Development (GFDD) and Fundaci\u00f3n Global Democracia y Desarrollo (FUNGLODE), warned of the political and social implications associated with the measures being implemented to confront the global structural crisis, during the thirty-forth session of the Economic Commission for Latin America and the Caribbean, celebrated August 27-31, 2012 in San Salvador, El Salvador.<\/P> He argued that the global structural crisis has led to a crisis in political leadership, marked by electoral defeats among conservative and social democratic governments in Europe. <\/P> In the quest to identify solutions, emphasized Dr. Fern\u00e1ndez, two camps of thought have emerged: one focused on austerity, and one which focused on stimulating growth.<\/P> He argued that the global structural crisis has led to a crisis in political leadership, marked by electoral defeats among conservative and social democratic governments in Europe. <\/P> The former Dominican President led the roundtable discussion that took place on Thursday, August 30, titled \u201cStructural Change for Equality: An Integrated Approach to Development,\u201d which featured a presentation by ECLAC Executive Secretary, Alicia B\u00e1rcena. <\/P> During his first intervention, Dr. Fern\u00e1ndez affirmed that austerity measures applied in various countries in Europe have led to economic recession, aggravating problems of unemployment and the ongoing effects of the global economic crisis. <\/P> According to the former president, the application of austerity measures is benefiting countries in Northern Europe such as Germany, Austria, Finland, Denmark and the Netherlands. This is due to the fact that devaluation of the euro has contributed to increased regional exports from these countries. <\/P> He indicated the countries of Southern Europe have been more affected, citing the cases of Spain, Portugal and Italy. He observed that the means by which market requirements are satisfied do not matter. The reaction is always adverse, further exacerbating economic and social situations.<\/P> Dr. Fern\u00e1ndez stated that in Europe, there are two camps that embody distinct schools of thought on how to come out of the crisis. <\/P> The former Head of State indicated that the social tensions are the result of policies of austerity, which generate greater levels of unemployment and under employment; massive housing evictions; and the implementation of flexible labor policies that negatively impact the quality of life of the working class, the sector that is the most vulnerable and most affected by the crisis. <\/P> \u201cThese social tensions have had an impact on the electoral political map of Europe. Everyone that has served in government during this stage of the crisis has won by electoral landslides, irrespective of political ideology. \u201cSocial democracies have been felt the electoral impacts. Conservative governments, equally, have been electorally pulverized by the economic crisis. <\/P> In addition to the panel led by Dr. <\/A>Fern\u00e1ndez on August 30, stakeholders also debated the subject \u201cGlobal Crisis and Current Conditions in Latin America.\u201d The roundtable featured interventions by Hugo Mart\u00ednez, Minister of External Relations of El Salvador; Luciano Coutinho, President of Banco Nacional de Desarrollo Econ\u00f3mico y Social de Brasil (BNDES) (National Bank of Economic and Social Development of Brazil); Jos\u00e9 Antonio Ocampo, Professor of Professional Practice, Director of the Economic and Political Development Concentration at the School of International and Public Affairs at Columbia University; and David Ibarra, Professor of Finance and Economics at Universidad Nacional Aut\u00f3noma de M\u00e9xico (UNAM).<\/P> The roundtable \u201cStructural Change, Productivity and Employment\u201d was presided over by Armando Flores, Minister of Economy of El Salvador, and included presentations by Tem\u00edstocles Mont\u00e1s, Minister of Economy, Planning and Development of the Dominican Republic; Ren\u00e9 Castro, Minister of Environment, Energy and Telecommunications of Costa Rica; Pavel Centeno, Minister of Public Finance of Guatemala; Rafael Pardo, Minister of Labor of Colombia; Dwight Venner, President of the Eastern Caribbean Central Bank; Fander Falcon\u00ed, National Secretary of Planning and Development of Ecuador; Mariano Laplane, President of the Center of Management and Strategic Studies of Brazil; and Marta Susana Novick, Subsecretary of Technical Programming and Labor Studies of Argentina.<\/P> The roundtable \u201cCycle Dynamics and Long Term Growth\u201d was presided over by Carlos C\u00e1ceres, Minister of Treasury of El Salvador, and included presentations by Hern\u00e1n Lorenzino, Minister of Economy and Public Finance of Argentina; Jeannette S\u00e1nchez, Minister of Economic Policy Coordination of Ecuador; Fernando Lorenzo, Minister of Economy and Finance of Uruguay; Ashni Kumar Singh, Minister of Treasury of Guyana; Luis Arce, Ministry of Economy and Public Finance of Bolivia; Luis Fernando Carrera, Secretary of Planning and Programming of the Presidency of Guatemala; Vanessa Petrelli, President of the Institute of Applied Economic Research (Investigaci\u00f3n Econ\u00f3mica Aplicada, IPEA) of Brazil; and Carlos Gerardo Acevedo, President of the Central Reserve Bank of El Salvador. <\/P> The roundtable \u201cThe Social Face of Structural Change: From Vicious Circles to Vicious Circles\u201d was presided over by Vanda Pignato, Secretary of Social Inclusion and First Lady of El Salvador, and included presentations by Isis Ochoa Ca\u00f1izalez, Minister of Popular Power for Municipalities and Social Protection of Venezuela; Joaqu\u00edn Lav\u00edn Infante, Minister of Social Development of Chile; Aloizio Mercadente Oliva, Minister of Education of Brazil; Juan Pablo Silva Macher, Vice Minister of Social Policy and Evaluation of Peru; and Alberto Guevara, President of the Central Bank of Nicaragua.<\/P> Related links:<\/STRONG> <\/P><\/TD><\/TR><\/TBODY><\/TABLE><\/p>","protected":false},"excerpt":{"rendered":" Dr. Leonel Fern\u00e1ndez Analyzes the Impact of the Global Structural Crisis at the Thirty-Forth Session of ECLACSan Salvador, September 5, 2012 Dr. Leonel Fern\u00e1ndez, former president of the Dominican Republic and President of Global Foundation for Democracy and Development (GFDD) and Fundaci\u00f3n Global Democracia y Desarrollo (FUNGLODE), warned of the political and social implications associated … Continue reading “Dr. Leonel Fern\u00e1ndez Analyzes the Impact of the Global Structural Crisis at the Thirty-Forth Session of ECLAC”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-5872","post","type-post","status-publish","format-standard","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/5872"}],"collection":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/comments?post=5872"}],"version-history":[{"count":0,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/5872\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/media?parent=5872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/categories?post=5872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/tags?post=5872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
San Salvador, September 5, 2012 <\/SPAN><\/P>
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