Analysis of the Global Economy
In 2008-2009, the world suffered the worst financial crisis in history after the Great Depression. Although the US economy has registered positive growth rates in recent times, many regions of the world are still in trouble. Europe has not over yet overcome the terrible impact of years of recession. Several economies in Latin America, including Brazil, are mired in a severe recession. Even in China, growth rates are decreasing. What comes next? Have we overcome the crisis of 2008 - 2009 or are we facing the risk of a new recession?
Crisis and Competitiveness: The Case of Mexico
Due to the strong linkage of its exports to the US consumer, Mexico was the country that suffered the most the impact of the 2009 financial crisis. President Calderon explains how he led the rapid recovery of Mexico since the economic crisis of 2009 and simultaneously improved the country’s competitiveness through market-oriented policies, deregulation, technological education and infrastructure investment, which reached unprecedented levels. He also put in place a firm strategy to fight organized crime and establish the rule of law. The expression "The Moment of Mexico" was coined at the end of his administration, when Mexico became one of the most competitive manufacturing economies and one of the largest exporters in the world.
Energy and Telecommunications Reforms in Mexico: New Investment Opportunities
In the last decade, Mexico has become one of the leading investment destinations in the world. The strength of its public finances, the increasing competitiveness of its infrastructure, a better trained labor force and the strengthening of the rule of law are some of Mexico’s attractions to global investors. Recent structural reforms the country’s investment appeal. With his experience as President of Mexico and as Secretary of Energy Felipe Calderon provides a clear balance between the challenges and opportunities resulting from the energy and telecommunications reforms. His insights are essential inputs for decision-making in the new global economy.
What is Happening in Latin America?
After an outstanding decade for Latin America in economic terms, today multiple questions about the immediate and long term future of the subcontinent have arisen. With the clear macroeconomic thinking and leadership experience that allowed him to successfully lead Mexico through the 2009 global economic crisis, Felipe Calderon offers a rich retrospective of what happened in Latin America the past decade. Furthermore, by contrasting the region’s main growth models, he presents an illuminating overview of the opportunities and challenges facing Latin America in the XXI century.
Best Growth and Better Climate: We Can Do Both
Climate change has become one of the greatest threats to future development. Despite the scientific evidence on the relationship between carbon emissions from human activities and increasing climate risk, the world is not taking enough action to mitigate those risks. This is to a large extent due to the false belief that taking the necessary actions represents an enormous economic cost to governments and businesses.
As President of the World Commission on the Economy and Climate and as one of the most recognized leaders in the field worldwide, Felipe Calderon provides a new vision for addressing climate change while generating economic growth and alleviating poverty.
Leading by Principles
In a world of constant change in which major decisions are made with scarce information, business and government leaders face difficulties making decision based on principles and values. As President of Mexico in a period of high economic, political and social complexity, Felipe Calderon shares his leadership experiences in applying abstract principles into concrete realities seeking the common good. With the consistency that characterizes him, he provides a clear vision of how to make decisions based on principles and values applied to reality.
Under his administration the Mexican economy registered stability and economic growth. Despite the impact of the 2009 international economic crisis, he boosted competitiveness in Mexico by deregulating the economy, promoting free trade, competition, private investment and technical education, as well as increasing investment in infrastructure to unprecedented levels. He also led an unmatched effort to enforce the rule of law.
During his tenure, Mexico became one of the most important exporters in the world, exporting 60% of the total manufactured products in Latin American and Caribbean Region. When he took office, Mexico was the 9th largest exporter of vehicles in the world, and by the end of his administration it was the 4th largest, surpassing Spain, the UK and the US among others.
Currently, he is the Honorary Chairman of the Green Growth Action Alliance (WEF), member of the Policy Advisory Council of the World Business Council for Sustainable Development (WBCSD), President of Sustainable Human Development Foundation, Member of the Board of Directors of the World Resources Institute and Chairman of the Global Commission on the Economy and Climate, responsible for coordinating the “Better Climate, Better Growth: The New Climate Economy Report”.
Recently, President Calderón published Los Retos que Enfrentamos, a book which points out the main policies carried out during his administration. Its appearance has sparked an intense debate on the public policies that Mexico has followed on its path to development, as one of the leading emerging economies.