May 14, 2013 at 5:17 AM
Image by Center for American Progress.
The first Latin American Clinton Global Initiative will be held in Rio de Janeiro December 8-10, 2013. Following the great success of CGI Asia in 2008, the board of directors of CGI decided 2013 was an ideal time to focus the attention of the world on the unfolding success story of Latin America. Former President Clinton made the announcement in New York City, at the May 6th mid-year meeting of CGI.
The Clinton Global Initiative was founded in 2005, and convenes leaders from around the world to develop innovative solutions to the most pressing challenges we face today. CGI helps organizations from the private sector and public sector by fostering partnerships, providing strategic advice and driving resources toward effective ideas.
Although Latin American regional economic growth has slowed down over the last couple of years, economists expect the worm to turn by 2014. Nearly all project the region to rebound strongly, especially if Latin American nations continue to increase investment in infrastructure and continue inching down the path of free market economic reform. CGI Latin America gives regional leaders an opportunity to work together on impact sourcing and other low-income initiatives make sure that economic and social development occur hand in hand.