{"id":3511,"date":"2026-03-19T23:52:07","date_gmt":"2026-03-20T05:52:07","guid":{"rendered":"https:\/\/www.cesaraddario.com\/?page_id=3511"},"modified":"2026-03-20T00:37:28","modified_gmt":"2026-03-20T06:37:28","slug":"analisis-de-medios-upi","status":"publish","type":"page","link":"https:\/\/cesaraddario.com\/en\/analisis-de-medios-upi\/","title":{"rendered":"An\u00e1lisis de Medios &#8211; UPI"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"3511\" class=\"elementor elementor-3511\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-801d7d9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"801d7d9\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c8bbd5\" data-id=\"7c8bbd5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3318013 elementor-widget elementor-widget-button\" data-id=\"3318013\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"https:\/\/cesaraddario.com\/en\/\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-left\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Back to home<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a133dbf border-bottom-shorter-blue elementor-widget elementor-widget-heading\" data-id=\"a133dbf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.9.0 - 06-12-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Analysis  <br> <span class=\"title-yellow\">In the Media <\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-91b3e8e elementor-widget elementor-widget-text-editor\" data-id=\"91b3e8e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.9.0 - 06-12-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Strategic analyses on institutional frameworks, the economy, and development published in specialized media.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f6a221c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f6a221c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-e9e2c61\" data-id=\"e9e2c61\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-75fc455 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"75fc455\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-3c62c7f\" data-id=\"3c62c7f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a06ce9e elementor-align-center elementor-widget elementor-widget-button\" data-id=\"a06ce9e\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"https:\/\/cesaraddario.com\/en\/todos-los-medios\/\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">All<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-69f8c42\" data-id=\"69f8c42\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-96f5cef elementor-widget elementor-widget-image\" data-id=\"96f5cef\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.9.0 - 06-12-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/cesaraddario.com\/en\/forbes\/\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"72\" src=\"https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/forbes-logo.png\" class=\"attachment-large size-large wp-image-2349\" alt=\"\" srcset=\"https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/forbes-logo.png 128w, https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/forbes-logo-18x10.png 18w\" sizes=\"auto, (max-width: 128px) 100vw, 128px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-411ce92\" data-id=\"411ce92\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2ab52f2 elementor-widget elementor-widget-image\" data-id=\"2ab52f2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/cesaraddario.com\/en\/analisis-de-medios-derecho-y-negocios\/\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"155\" height=\"48\" src=\"https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/derecho-negocio-logo.png\" class=\"attachment-large size-large wp-image-2347\" alt=\"\" srcset=\"https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/derecho-negocio-logo.png 155w, https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/derecho-negocio-logo-18x6.png 18w\" sizes=\"auto, (max-width: 155px) 100vw, 155px\" 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decoding=\"async\" width=\"112\" height=\"48\" src=\"https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/drs-logo.png\" class=\"attachment-large size-large wp-image-2348\" alt=\"\" srcset=\"https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/drs-logo.png 112w, https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/drs-logo-18x8.png 18w\" sizes=\"auto, (max-width: 112px) 100vw, 112px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-inner-column elementor-element elementor-element-f42725c\" data-id=\"f42725c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df61757 elementor-widget elementor-widget-image\" data-id=\"df61757\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/cesaraddario.com\/en\/analisis-de-medios-upi\/\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"67\" height=\"38\" src=\"https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/upi-logo.png\" class=\"attachment-large size-large wp-image-2351\" alt=\"\" srcset=\"https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/upi-logo.png 67w, https:\/\/cesaraddario.com\/wp-content\/uploads\/2026\/03\/upi-logo-18x10.png 18w\" sizes=\"auto, (max-width: 67px) 100vw, 67px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8128e1 elementor-grid-1 blog-medios elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"b8128e1\" data-element_type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;1&quot;,&quot;pagination_type&quot;:&quot;numbers_and_prev_next&quot;,&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/cesaraddario.com\/wp-content\/plugins\/elementor-pro\/assets\/css\/widget-posts.min.css\">\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-3555 post type-post status-publish format-standard hentry category-blog-medios tag-upi\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.upi.com\/Voices\/2026\/02\/27\/latam-Central-America-integration-project-lower-cost-of-capital\/3671772208064\/\" target=\"&quot;_blank&quot;\">\n\t\t\t\tThe next Central American integration project: cheaper capital\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t27 de February de 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Central American leaders constantly talk about integration: trade and customs reform, as well as logistics and infrastructure. But the region\u2019s next concrete step forward could come from something more subtle: reducing the cost of capital by harmonizing the rules and procedures that determine the costs of public borrowing and the way markets assess regional risk.<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.upi.com\/Voices\/2026\/02\/27\/latam-Central-America-integration-project-lower-cost-of-capital\/3671772208064\/\" target=\"_blank\">\n\t\t\tRead the full article\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-3557 post type-post status-publish format-standard hentry category-blog-medios tag-upi\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.upi.com\/Voices\/2026\/02\/19\/Political-risk-and-the-cost-of-capital-Venezuela-Ecuador-and-Uruguay\/9721771351764\/\" target=\"&quot;_blank&quot;\">\n\t\t\t\tPolitical Risk and the Cost of Capital: Venezuela, Ecuador, and Uruguay\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t19 de February de 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>In previous installments of this series, we examined how inflation acts as a hidden tax that makes money more expensive, and we broke down the components of equity, debt, and the weighted average cost of capital (WACC).<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.upi.com\/Voices\/2026\/02\/19\/Political-risk-and-the-cost-of-capital-Venezuela-Ecuador-and-Uruguay\/9721771351764\/\" target=\"_blank\">\n\t\t\tRead the full article\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-3559 post type-post status-publish format-standard hentry category-blog-medios tag-upi\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.upi.com\/Voices\/2026\/02\/05\/latam-cost-of-money-in-Latin-America\/7341770299974\/\" target=\"&quot;_blank&quot;\">\n\t\t\t\tThe Cost of Capital in Latin America: How Companies Decide Where to Invest\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t5 de February de 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Let\u2019s imagine a company that is considering a $500 million lithium project in northern Chile. The geology looks promising. Global demand for batteries is on the rise. The technology exists. However, the project may never come to fruition.<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.upi.com\/Voices\/2026\/02\/05\/latam-cost-of-money-in-Latin-America\/7341770299974\/\" target=\"_blank\">\n\t\t\tRead the full article\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-3561 post type-post status-publish format-standard hentry category-blog-medios tag-upi\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.upi.com\/Voices\/2026\/01\/12\/LatAm-economic-growth-Latin-America-capital\/1391768228922\/\" target=\"&quot;_blank&quot;\">\n\t\t\t\tThe Cost of Capital in Latin America: A Structural Barrier to Growth\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t12 de January de 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>In a region where creativity and volatility often go hand in hand, the cost of capital reflects the price companies must pay to access the resources needed for their operations and expansion. It represents the return that investors and lenders demand as compensation for the risks involved in doing business in the region.<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.upi.com\/Voices\/2026\/01\/12\/LatAm-economic-growth-Latin-America-capital\/1391768228922\/\" target=\"_blank\">\n\t\t\tRead the full article\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\n\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Volver al inicio An\u00e1lisis en Medios An\u00e1lisis estrat\u00e9gico sobre institucionalidad, econom\u00eda y desarrollo publicados en medios especializados. Todos<\/p>","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-3511","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>An\u00e1lisis de Medios - UPI - C\u00e9sar Addario<\/title>\n<meta name=\"description\" content=\"An\u00e1lisis estrat\u00e9gico sobre institucionalidad, econom\u00eda y desarrollo publicados en medio Forbes\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cesaraddario.com\/analisis-de-medios-upi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An\u00e1lisis de Medios - 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