Global demand for commodities and raw materials is exerting inflationary pressures in several countries across Latin America. After a historic low in 2006, consumer prices are edging up in most Latin American countries, particularly those of staple foods. Carlos Caicedo (of London-based strategic intelligence company Exclusive Analysis) will discuss these trends and the implications they have for trade policy, contract & delivery uncertainty, civil unrest, regime stability and the long-term implication of re-diversifying exports in Latin America.