Washington — Financing in times of economic crisis,
energy and the environment are among the topics to be discussed
at the third annual Americas Competitiveness Forum (ACF)
scheduled for September 27–29 in Santiago, Chile.
Government officials, business leaders and scholars from
34 Western Hemisphere countries will participate in panels
and meetings on these issues.
“The Americas Competitiveness Forum is simply a great
opportunity to exchange ideas, to establish links, and to
expand alliances that will make our country and our hemisphere
stronger and more prosperous,” said U.S. Secretary
of Commerce Gary Locke, who will be the top U.S. official
at the forum.
The forum is the only venue in the hemisphere that brings
together various groups —government, business, academic
and international organizations — to create a vision
and agenda for improving economic competitiveness in the
region.
It also gives business representatives a venue to learn
about business, investment and trade opportunities in the
Americas.
Locke said that at the forum he plans to stress the “positive
impact open markets have on job creation and growth, the
delivery of transformative ideas and technology, and the
spread of democracy and freedom.”
He called the forum “a unique event, a hallmark of
our economic and commercial engagement with the hemisphere.”
U.S. Commerce Department officials said the two previous
ACF meetings boosted Western Hemisphere economic cooperation
and fostered an increased recognition of the importance
of free markets.
They said this collaboration is marked by increased high-level
participation of government and business leaders in the
forum.
Forum delegates will discuss ways to encourage innovation,
create jobs and expand trade among countries in the hemisphere.
These annual sessions also seek the “best practices”
to make the nations of the Americas more globally competitive
and improve the living standards of their citizens.
The president of the American Council on Competitiveness,
Deborah Wince-Smith, said the first two forums established
a “very important network” of government, business
and private-sector leaders, along with scholars and policy
organizations.
“Knowledge sharing has been the greatest accomplishment”
of the ACF, she said. “While individual countries
have their strategies to compete, prosper and develop new
markets, we still need to cooperate.”
She said she hopes the Santiago Forum will produce a “much
stronger declaration” on the importance of trade and
investment and “creating the conditions for innovation”
in the hemisphere.
“We need to optimize our investment, trade and tax
policies,” she said, or the Americas will be left
behind the rest of the world in economic development. “The
rest of the world is moving, and we need to move too.”
Wince-Smith wants to see from the forum a renewed commitment
to foster integration of supply chains for the production
of products in the Americas. The Americas need to do “high
value” work in production of goods and services, Wince-Smith
said, or those activities will move to other parts of the
world.
The American Council on Competitiveness is a private, nonpartisan
organization founded in 1986. It has worked with groups
in other countries in the hemisphere to establish their
own national competitiveness organizations.
Wince-Smith said she is excited by the sharing of what
is practical among the competitiveness councils in the Americas.”
The forum is a “great venue to solidify the network
of councils.”
Among the confirmed speakers are three presidents: Michelle
Bachelet of Chile, Álvaro Colom of Guatemala and
Luiz Inácio Lula da Silva of Brazil. Also addressing
the forum will be José Miguel Insulza, secretary-general
of the Organization of American States.
Other attendees include 18 ministers of economy and development
and 14 representatives of competitiveness boards in the
hemisphere.
Many countries in the Americas have private or government-led
organizations to work on a national competitiveness strategy.
U.S. officials believe that these boards will establish
a formal network of councils in the region. They see it
as an important step to enhance the ability of the councils
to encourage competitiveness.
In the forum’s final speech, the president of Brazil
will analyze the role of competitiveness in Brazilian politics.
Hugo Lavados, Chile’s minister of economy, promotion
and reconstruction, said that it is “crucial to discuss
what platforms allow countries to truly increase their productivity.”
Discussing the value of the Santiago meeting, he said that
it is important to develop “a culture of entrepreneurship
in each country.”
The minister stressed that the important economic issues
to be discussed at the forum “will remain on the top
of our competitiveness agenda beyond the current global
financial crisis.”
More information
on the forum can be found on its Web site.