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DCID senior fellows talk to New York Times about semiconductors industry and Latin America's potential role

Karina Fernandez-Stark and Penny Bamber were interviewed by Farah Stockman of the New York Times who says Costa Rica is vying to be the Silicon Valley of Latin America.

Karina Fernandez-Stark and Penny Bamber, both senior fellows with the Duke Center of International Development (DCID), were interviewed by New York Times editorial board member Farah Stockman about the semiconductors industry and the potential role of Latin America in it.

The informational interview contributed to Stockman's essay, "Is This the Silicon Valley of Latin America?"

In the essay, Stockman wrote she sees evidence of Costa Rica vying to become the Silicon Valley of Latin America and that Costa Rica is "positioning itself to become a major hub outside Asia for packaging and testing microchips." She proposed that North America expanding trade with Latin America "will build up an industrial base that would have otherwise gone to Asia," making the region stronger.

"When America turned to Asia for low-cost labor, that left a void in our own backyard, as Karina Fernandez-Stark and Penny Bamber noted in a recent article in The Wilson Quarterly," Stockman wrote. "China is filling it, becoming the most important trade partner and investor in much of Latin America."

Read the full article.

Fernandez-Stark and Bamber are global value chain experts with more than 15 years’ experience leading numerous research projects related to economic development and competitiveness around the world. Their consulting is action-oriented, focused on leveraging academic research into tangible sustainable development outcomes, and advising policymakers around the world how to gain from trade.