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Discussing emerging economies in Chile


Themes: Finance

Cambridge Judge Business School welcomes the Chilean Minister of Finance

Chilean Finance Minister Roundtable (12 Sept 2012)Cambridge Judge Business School was pleased to welcome Felipe Larraín Bascuñán, the Chilean Minister of Finance, on Wednesday 12 September 2012 at a roundtable discussion on the emerging economies in Chile.

Minister Larraín gave a talk titled ‘Emerging Economies Riding the Storm: Chile and the rest of the Region‘ which covered the macroeconomic policies that these markets could consider to combat the pressures coming from the developed world. His presentation described Chile’s well-supervised contingency plans, including its fiscal strategy and the measures taken to incentivise both employment and investment. Minister Larraín also illustrated how emerging markets are prepared for the storm and how they could be part of the solution to world economic unrest, as opposed to the problem.

The briefing was then opened up to students and faculty, as well as faculty from the wider University, in a roundtable discussion moderated by Michael Kitson, University Lecturer in Global Macroeconomics at Cambridge Judge Business School. In attendance were:

  • Dr Michael Pollitt, University Reader in Business Economics
  • Dr Jan Stiles, Chief Executive Officer, Executive Education
  • Professor Giancarlo Corsetti, Professor of Microeconomics, Department of Economics
  • Joelle du Lac, Director of External Affairs
  • Laura Black, Benoit Gauthier, Piroska Kis-Csitari, Xiaoguang QI and Ibrahim Naeem, Cambridge Executive MBA participants
  • Jacob Cox and Diana Pirjol, MPhil students
  • Dankrad Feist, Jerry He and Toby Norman, PhD candidates

Dr Xiaoguang Qi, Cambridge Executive MBA participant and one of the roundtable attendees, commented:

Coming from a background of shipping and logistics industry in China, I am very keen to learn about the increasing important of bilateral trade between China and Chile. The minister commented personally to me that the Chilean government is working to increase the export of consumer goods to China. Shipping is playing an important part in trade and I believe that there are great opportunities to work together, to not only promote bilateral trade, but also enhance mutual understanding and culture exchange.”

Whilst in the UK, Minister Larraín also attended the annual Chile Day Conference, to promote the country’s potential for foreign investment, which took place in London on 11 September.