Economic Impact of the Pacific Alliance in Chile, Colombia, Mexico and Peru: An IDSS/CLASP Panel

I Cumbre de la Alianza del Pacífico, Lima

I Cumbre de la Alianza del PacĂ­fico, Lima

Photo by Gobierno de Chile/CC BY 2.0

Speakers:

JORGE TAGLE CANELO
Consul General of Chile

ARACELI ROJAS SALINAS
Consul General of Colombia

CARLOS M. SADA SOLANA
Consul General of Mexico

LILIANA CINO DE SILVA
Consul General of Peru

Date:

Thursday, November 19, 2015

Time:

Noon–1:30 p.m. PT

Location:

RAND Corporation
1776 Main Street
Santa Monica, CA

About the Program

The International Development Speaker Series, in conjunction with the RAND Center for Latin American Social Policy, organized a discussion among the Los Angeles-based Consuls General of the Pacific Alliance.

The Pacific Alliance is an initiative originally signed in April 2011 and implemented in July 2015. It includes Chile, Colombia, Mexico, and Peru. One of the Alliance's main objectives is to become a platform with open markets, free movement of services, goods and people, and complete access to education, employment, and pension systems. The Pacific Alliance emphasizes cooperation with the Asia-Pacific region.

The Alliance is described as a trade group of the 21st century, because it does not follow the usual theoretical model approach of a trade group. Instead, it focuses on practical approaches that address and solve social problems at the community and individual level. The idea is to impact the lives of regular citizens; for example, their quality of life, their jobs, and their access to education.

A few of the main economic achievements of the Alliance so far are: it has decreased inflation in member countries to approximately 3%, reduced about 92% of tariffs and export taxes, decreased extreme poverty rates from 13.8% to 4.7%, and promoted economic stability.

About the Speakers

The four speakers are each the Consuls General in Los Angeles, representing their respective countries.

Learn more about the International Development Speaker Series