Dominican Republic President Leonel Fernández spoke about the global economic crisis and its impact on Latin America at a July 13 presentation to more than 250 GW students, faculty, administrators, alumni and area professionals.
“For the first time, we have a crisis of this magnitude that didn’t originate in Latin America,” Fernández told the audience at GW’s Jack Morton Auditorium. “The impact has been basically on trade. There has been a decrease in exports and a decrease in imports, and because of that, there has been a loss of revenue for governments. And this has translated into a fiscal deficit,” Fernández said.
He commended President Barack Obama for his strategy for rebuilding the U.S. economy.
Last year during a visit to the Dominican Republic, GW President Steven Knapp discussed areas where GW could collaborate with the country. Last year, GW’s Graduate School of Political Management established a partnership with the Fundación Global Democracia y Desarrollo to offer seminars in political campaign management in Santo Domingo.
Several faculty members from GWSB are working with the Dominican Sustainable Tourism Alliance to boost the country’s tourism industry. GW’s School of Medicine and Health Sciences is working with Dominican public health officials to fight tropical diseases in the Caribbean region.
For more information about Fernández’s speech, visit GW Today.
Posted by gwsb on July 15, 2010 | Filed under: GWSB News.