Q&A: Central American "Exports, Production, Employment" Hit by Crisis

Daniel Zueras interviews EDUARDO LIZANO, Costa Rican economist SAN JOSÉ, Oct 10 (IPS) - The financial crisis in the United States and Europe could cause a fall in Central American exports, tourism, property investments and remittances sent by migrant workers to their families, Costa Rican economist Eduardo Lizano says in this interview with IPS. Expectations of short-term benefits from the Free Trade Agreement between the United States, Central America and the Dominican Republican (CAFTA) may not be fulfilled. "Many of them will not materialise, or will be diminished" by the drop in consumption in the United States, which is a "political-psychological problem," according to Lizano, one of Costa Rica's foremost economists. Lizano, born in San José in 1934, was president of the Central Bank for two periods (1984-1990 and... [read full story]                    

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