Joseph W. Recinos
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Joseph W. Recinos

Managing Director of Equity Expansion International’s Operations in Latin America

Mr. Recinos is Managing Director of Equity Expansion International’s operations in Latin America. He is an international consultant in imports/exports, privatization, public sector modernization and agribusiness with over 30 years of professional experience in over 40 countries. He has consulted for the United States Agency for International Development (USAID), the World Bank, the Inter-American Development Bank, and several international private consulting firms. Mr. Recinos was the principal consultant for the ESOP at Finca La Perla, which has received recognition as a new model for land reform. He was project manager of EEI’s professional team which designed an “ESOP parallel legal system” funded by the Ministry of Planning in Costa Rica, and for the USAID-funded project to implement ESOPs in Guatemala.


In 1986 Mr. Recinos was appointed a Counselor to the Presidential Task Force on Project Economic Justice. In 1991 he designed a 100% ESOP buyout plan to privatize the seed processing plants owned by the Ministry of Natural Resources of Honduras. He has advised the World Bank on privatization of the Mexican Steel Industry. Mr. Recinos was contracted by the Inter-American Development Bank to work with the Ministry of Finance and the Technological Institute of Mexico (ITAM) to design ESOP legislation. He serves as a principal advisor of the Central American Solidarista Labor Federation and is currently advising port authority and telecommunications labor unions on ESOP privatization strategies.


Mr. Recinos was an import-export consultant to a 100% employee-owned company, developing and implementing a strategic plan allowing the company to become a importer and distributor of wood products from the People’s Republic of China. He designed an initiative led by several corporate founders of the Natural Rubber & Development Foundation of Guatemala, the governments of Guatemala and France, the UNDP and USAID to double rubber production over 8 years with development loans to private estates and peasant cooperatives and to build a processing plant owned by participating cooperatives, private estates and the plant’s employees as a second stage of the Peace Accords of 1996. Mr. Recinos received his Master’s degree in Economics and Latin American Affairs in 1969 from the Georgetown University School of Foreign Service, and his B.A. in Political Science and Economics in 1967 from the City University of New York.