ANNOUNCEMENT OF THE CHAMBER OF THE AMERICAS
and Sponsoring Partners:
Holland and Hart LLP
Heinrich Relationship Marketing
Present “The Americas Dialogue” featuring:
Professor Rodolfo Eduardo Biasca,
“The Future of Argentina: Business in Argentina and Foreign Investment”
When: 8:30 am, Tuesday, December 3, 2002.
Where: Conference Room, 32nd Floor, 555 Seventeenth St., Denver, Colorado 80202
U.S. investment is concentrated in financial services, telecommunications, energy, petrochemicals, food processing, and motor vehicle manufacturing. However, the economic crisis and recent government decisions have clouded the country's investment climate, and many U.S. firms have substantially written down the value of their Argentine investments. Several bilateral agreements generated significant U.S. private investment during the 1990s. Argentina has an Overseas Private Investment Corporation (OPIC) agreement and an active program with the U.S. Export-Import Bank. Under the 1994 U.S.-Argentina Bilateral Investment Treaty, U.S. investors enjoy national treatment in all sectors except shipbuilding, fishing, nuclear power generation, and uranium production.
In late 2001, Argentina experienced more of the tumultuous political change characteristic of much of its past. President De la Rua was forced to resign in December 2001 because of large-scale public discontent over the government's economic policies, and some demonstrations deteriorated into lawlessness and violence. A legislative assembly elected Adolfo Rodriguez Saa to serve out the remainder of De la Rua's term, but he too failed to garner political support in the face of continued unrest and resigned that same month. Yet another legislative assembly then chose Eduardo Duhalde to succeed Rodriguez Saa. Duhalde took office on January 1, 2002, in the midst of a profound economic crisis and a widespread public rejection of the "political class" in Argentina, a rejection directed at all three branches of government. Another factor contributing to the perception of institutional instability in Argentina was conflict between the three branches of government in early 2002, culminating in the legislature's attempt to impeach the members of the Supreme Court.
ABOUT THE SPEAKER:
Rodolfo E. Biasca has an impressive record as a University Professor and Management Consultant. He is a distinguished business transformation specialist. An Argentine business
magazine included Mr. Biasca in a short list of local management gurus. He has studied/worked in more than 200 organizations in 24 countries. Mr. Biasca holds degrees from Buenos Aires National University and University of California atBerkeley, Stanford. He has attended executive programs at INSEAD (France), AOTS (Japan),Wharton, Kellogg, Columbia University. He has taken additional graduate courses at Harvard,New York University and the University of Minnesota. Mr. Biasca currently resides in Argentina.
Please join us as Mr. Biasca gives us a first hand view of the future of Argentina.