Challenges of Globalization for Emerging Economies

Tuesday, April 16, 2019
7:45 a.m. – 8:45 a.m.
Uris Hall, Room 301
​Columbia Business School
Register Here
Breakfast will be provided.

Please join for a breakfast discussion with Felipe Larraín, Minister of Finance of the Government of Chile, on the challenges of globalization for emerging economies. The event will be in a fireside chat format moderated by Professor Joseph E. Stiglitz, Professor at Columbia University and Nobel Laureate in Economic Sciences. This event is part of the Chile Day 2019 celebration taking place in New York City from April 15-16, 2019.

About Felipe Larraín:

Mr. Felipe Larraín is the Minister of Finance of the Government of Chile under the administration of President Sebastián Piñera.

Felipe Larraín was Chile’s Finance Minister in President Piñera’s first administration between March 2010 and March 2014. He was also Vice President of Chile in February 2014. Larraín has a PhD (1985) and a MA (1983) in Economics from Harvard University, as well as a BA in Economics from Universidad Católica de Chile (1981). He has a vast experience as an international consultant, academic, editor and author of 14 books and over 120 professional articles, published in Latin America, U.S.A., Europe, and Asia.

Larraín was Director of the Latin American Center for Economic and Social Policies (CLAPES UC) and Professor of Economics at Universidad Católica de Chile between March 2014 and March 2018. Previously, between 1997 and 1999 he was the Robert F. Kennedy Visiting Professor of Latin American Studies at Harvard University. Since 1985, he has served as an economic advisor to several governments of the region, including Bolivia, Canada, Colombia, Costa Rica, Chile, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Jamaica, Mexico, Nicaragua, Paraguay, Perú and Venezuela. He has also been a Faculty Fellow of the World Economic Forum.

In the past he has been a consultant to the United Nations, the World Bank, the Inter- American Development Bank, and the International Monetary Fund. He has also been a board member of several companies and institutions in Chile, throughout Latin America, the U.S. and Europe. In June 2014 he became member of the UN ́s Leadership Council of the Sustainable Development Solutions Network (SDSN).

He has received several awards and honors, including: Chilean National Award for Public Service, Fundación ChileSiempre, 2017; named one of 100 Most Influential World Leaders (Association to Advance Collegiate Schools of Business, AACSB), 2015; best sovereign bond issue 2012-13 (Latin Finance); Vice President of the OECD Ministerial meeting in Paris, 2012; Finance Minister of the Year 2010, Region of the Americas (The Banker); Best Finance Minister 2010 of Latin America (América Economia); 2010 Economist of the Year (El Mercurio); Finance Minister 2010 of Latin America (Emerging Markets, Latin Finance); 2002 Alumnae of the Year (Universidad Católica); award from Magisterio Nacional Boliviano (1986) for distinguished service as Economic Advisor to the President of Bolivia; Raúl Yver Oxley award (1980) to the best student in his class at Universidad Católica; Luis Cruz Martínez award (1976) to the student with the highest score of the Chilean universities admissions exam and the best high school transcript of Chile.

Larraín was born in Santiago, Chile in 1958. He is married and the father of five children.

About Joseph E. Stiglitz:

Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Institute. A recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979), he is a former senior vice president and chief economist of the World Bank and a former member and chairman of the (US president's) Council of Economic Advisers. In 2000, Stiglitz founded the Initiative for Policy Dialogue, a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001 and received that university's highest academic rank (university professor) in 2003. In 2011 Stiglitz was named by Timemagazine as one of the 100 most influential people in the world. Known for his pioneering work on asymmetric information, Stiglitz's work focuses on income distribution, risk, corporate governance, public policy, macroeconomics and globalization. He is the author of numerous books, and several bestsellers. His most recent titles are Globalization and Its Discontents Revisited, The Euro, Rewriting the Rules of the American Economy and The Great Divide.

In partnership with Columbia Global Centers in Santiago, InBest Chile (Nonprofit NGO for the Development of Chile's Capital Market), Jerome A. Chazen Institute for Global Business, and Latin American Business Association.