SOURCE: The Miami Herald

The Miami Herald

The Miami Herald

September 14, 2010 19:30 ET

Fourteenth Annual Americas Conference® Focuses on Innovation in the Hemisphere

MIAMI, FL--(Marketwire - September 14, 2010) - The Americas Conference®, organized by The Miami Herald and The World Bank, opened today at The Biltmore Hotel in Coral Gables. Political leaders, economists and analysts from across the region took part in a variety of forums focusing on innovation and economic conditions. Panelists discussed the outlook for the Americas during this crucial time of economic instability and what can be expected in the months ahead.

David Landsberg, president and publisher for the Miami Herald Media Company, and Pamela Cox, vice president for the Latin America and Caribbean Region for The World Bank, opened the conference.

Here's a summary of the conference highlights, with links to more information:

Staking out a middle ground in a highly polarized region, El Salvadoran President Maurico Funes said he was not interested in U.S.-style capitalism or Venezuela-inspired socialism but policies that made his nation "effective and efficient." 

U.S. Assistant Secretary of State Arturo Valenzuela said the nation was determined to build a new relationship with Latin America based on mutual trust, regional cooperation and human rights.

Bolivian Minister of Economy and Public Finance, Luis Alberto Arce, spoke about Bolivia's strong economic growth, driven by his government actions that have insulated the country from global disruptions:

Former Peruvian President, Alejandro Toledo, said that he would not rule out a presidential bid in 2011:

Buoyed by high prices for their commodities that helped them recover sooner than expected from the global economic crisis, the economies of Latin America and the Caribbean are poised to grow by as much as 6 percent this year, according to Augusto de la Torre, the World Bank's chief economist for Latin America and the Caribbean:

But too few of the nations that are riding a wave of good economic times have managed to translate those gains to their nations' poor and working class, stated Gerardo Morales, Senate Leader from Argentina and Marcelo Giugale, Director, Economic Policy, Latin America and the Caribbean for The World Bank:

Latin America has a long way to go as an innovating region, according to a panel of experts that included Jose Luis Guasch of The World Bank, Jose Pablo Arellano, an economist from CIEPLAN, Lourdes Casanova of INSEAD and Raúl Rivera of Chile's ForoInnovación.

The day wrapped up with a presentation on the Rising Power of Brazil and the final keynote of the first day, the Prime Minister of Haiti, Jean-Max Bellerive.

For up to the minute coverage of the Americas Conference, visit

About the Americas Conference®
The Americas Conference®, organized by The Miami Herald and The World Bank, is the region's largest and most acclaimed annual forum of international executives and top government leaders, who gather for two days to discuss a wide spectrum of relevant business and political issues of crucial importance for Latin America and the Caribbean.

About the Miami Herald Media Company
The Miami Herald Media Company (MHMC) publishes The Miami Herald, winner of 20 Pulitzer Prizes, and El Nuevo Herald, recipient of the Ortega y Gasset international prize for Spanish-language publications. Together, our global print and online platforms reach 1.3 million newspaper readers each week and 6.5 million web visitors every month.

MHMC also publishes, South Florida's most comprehensive interactive guide to local entertainment and attractions. MHMC produces content across all media, including video, mobile formats and radio broadcasts on WLRN/Herald News, as well as custom publications for hotels, airlines and other clients.

For more information, please visit our websites:,,

The Americas Conference® is supported by:
American Airlines, Telefonica International, HSBC, Newlink Group and Infobae America.