Conference with John B. Taylor, Former Deputy Secretary of the US Treasury

May 19, 2005

Conference with John B. Taylor, former deputy Secretary of the US Treasury for International Relations was transmitted in FUNGLODE’s

During this conference, which was the fifth event of the OAS Lecture of the Americas, John B. Taylor pointed out
the positive outlook for the Latin American countries, which has been reflected on the recent economic growth that most of them have been experiencing. The main argument of his conference was the strong linkage between democracy and economic growth.


Dominican Republic’s. The banks’ good work impacted on the increase of the direct foreign investment in many countries in Latin America, he said.

John B. Taylor is currently a economics professor at Stanford University and senior fellow at the Hoover Institution. Previously, Mr. Taylor occupied the position of Deputy Secretary of the US Treasure for International Relations. His main responsibilities included US foreign
investment, international debt, monetary policies and currencies as well as the reform of several international institutions, such as the World Bank and the International Monetary Fund (IMF).

The videoconference was transmitted in FUNGLODE’s headquarters in Santo Domingo to a wide audience. Two renown Dominican economists Mr. Frederik Emam Zade, also General Director of FUNGLODE in Santo Domingo and Mr. Julio Ortega, economic advisor to the presidency commented the conference with the audience. This panel was moderated by Ms. Natasha Despotovic, Executive Director of GFDD in Washington

This activity is part of the agreement
between FUNGLODE/GFDD and the OAS which aims at promoting and supporting the OAS Lecture of the Americas in the Dominican Republic.




Taylor explained that after a period of
economic deficit experienced during the 90’s, the Latin America region has began to experiment an economic improvement, motiva