Julie T. Katzman
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- Milken Institute57 min
Pacific Alliance: Leading Integration in Latin America
Julie T. Katzman, Gerónimo Gutiérrez, Carlos Pareja, Juan Carlos Pinzón, Juan Gabriel Valdés
Established by Mexico, Colombia, Peru, and Chile, the Pacific Alliance functions as a minimalist, market-oriented bloc that has eliminated tariffs on 92% of intra-regional goods to form the world's eighth-largest economy. By leveraging 41% of Latin American foreign direct investment and hosting strategic forums with major economies like the US, EU, and China, the alliance is actively pursuing deeper supply chain integration and potential convergence with Mercosur. Despite challenges in labor mobility and low current intra-regional trade, the bloc is implementing structural reforms to formalize SMEs, expand student mobility, and solidify its geopolitical stance within the Asia-Pacific region.
- Milken Institute1h 0m
Global Overview: The Economic Outlook
John Micklethwait, S Iswaran, Julie T. Katzman, Emmanuel Roman, David Zaslav
A high-level panel convened by Singapore's Trade Minister Chan Chun Sing, IDB executive Julie Katzman, and PIMCO's Manny Roman analyzed the divergent impacts of technological automation and fiscal policy on global employment. The discussion highlighted that while U.S. technology drives job displacement and emerging Asian markets face demographic shifts, Latin America requires deeper regional integration to mitigate external trade shocks. Experts concluded that successful economic resilience depends on removing labor market rigidities, implementing modular training systems for displaced workers, and redirecting capital toward agro-industry and digital infrastructure.