Background on Altagracia Gómez and her Relevance
Altagracia Gómez, the coordinator of Mexico’s Consejo Asesor de Desarrollo Económico y Regional y Relocalización (CADERR), made her public debut at the World Economic Forum (WEF) in Davos. Her role is crucial as she helps shape Mexico’s economic development strategy under Claudia Sheinbaum’s administration.
Mexico’s Strategy for Long-term Industrial Policy
Gómez emphasized that the Mexican government aims to create an environment where private initiative, academia, and authorities collaborate to develop a long-term industrial policy that fosters growth while generating prosperity. This strategy is central to the Plan México.
Key Areas of Focus
- Infrastructure Investment: Gómez highlighted the importance of boosting investment in infrastructure as a key component of Mexico’s growth strategy.
- Leveraging Competitive Advantages: She pointed out Mexico’s strengths in automotive, light vehicles, auto parts, medical devices, and semiconductor production, particularly 8TP, positioning the country as a significant global producer of minerals.
Navigating the Changing Global Landscape
Gómez addressed the evolving global landscape, where globalization is transforming traditional market economies. She stressed the need for Mexico to lead these emerging economies by capitalizing on its competitive advantages.
Session Participants
Altagracia Gómez participated in the session “Breaking Latin America’s Growth Ceiling” alongside notable figures such as:
- Julio Valverde, Governor of the Central Reserve Bank of Peru
- Esther Dweck, Minister of Management and Innovation in Public Services of Brazil
- James Scriven, CEO of BID Invest
- Juan Carlos Mora, CEO of Bancolombia
Key Questions and Answers
- What is the main focus of Mexico’s economic strategy? The primary objective is to create a collaborative environment among private initiative, academia, and authorities to develop a long-term industrial policy that promotes growth and prosperity.
- What are Mexico’s competitive advantages in the global market? Mexico excels in automotive, light vehicle, auto parts, medical device production, and semiconductor manufacturing, particularly 8TP. It is also a significant global producer of minerals.
- Why is infrastructure investment crucial for Mexico’s growth? Infrastructure investment is vital to support the country’s economic development and create a favorable environment for businesses and growth.
- Who were the other participants in Altagracia Gómez’s session at Davos? The session included Julio Valverde (Central Reserve Bank of Peru), Esther Dweck (Minister of Management and Innovation in Public Services of Brazil), James Scriven (BID Invest CEO), and Juan Carlos Mora (Bancolombia CEO).
