James A. Robinsonone of the three winners of the Nobel Prize in Economics 2024was presented at a conference in GS1.
It is Wednesday, November 20, The renowned James A. Robinson appeared at a press conference with GS1, where the main topic was the economic issue in Mexico.
Although he spoke as a non-expert on the country’s specific economy, the questions were mainly directed at the next administration of USAreferring to Mexico.
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Well, the government’s concern is present regarding the issue of tariffs pronounced by the president-elect Donald Trumpwhom Robinson described as ‘unscrupulous’.
He also commented that the president Claudia Sheinbaum She is a prepared woman and it is good that a woman became president, since it is proven that women see further than many men, and even more so in a sexist country.
Regarding the economy, despite not being an expert on the national issue, he was able to emphasize that “Mexico has a lot of potential, that it has all the tools to become a country like CoreaHowever, you must stop looking for opportunities and create them yourself.”
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He also applauded the fact that the country is experiencing a democracy, which is a good sign that citizens know their judges like in the United States, since this means that corruption is fought, creating solid institutions.
“The fight against corruption must be worked from the construction of solid institutions,” says James A. Robinson
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— @diario24horas (@diario24horas) November 20, 2024
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How can Mexico strengthen its economy amid international economic uncertainty?
Time.news Interview: James A. Robinson on the Future of Mexico’s Economy
Editor: Good day, everyone, and welcome to this exclusive interview with James A. Robinson, one of the esteemed winners of the Nobel Prize in Economics 2024. James, thank you for joining us today, especially after your recent appearance at the GS1 conference. Congratulations once again on your accomplishment!
Robinson: Thank you! It’s a pleasure to be here.
Editor: At the conference, you spoke about the economic issues facing Mexico. Can you elaborate on your perspective regarding the upcoming administration in the U.S. and its potential impact on Mexico?
Robinson: Absolutely. The political dynamics between the U.S. and Mexico are always intricate, especially with the incoming administration. There’s considerable concern about the tariffs proposed by President-elect Donald Trump, which I described as ‘unscrupulous.’ Tariffs not only affect trade but can escalate tensions and create uncertainty.
Editor: You mentioned that you don’t claim to be an expert on Mexico’s specific economy. However, given your expertise, what strategies do you think Mexico should adopt to mitigate potential economic fallout from these new U.S. policies?
Robinson: That’s an important question. Mexico might need to foster stronger trade relationships with other countries to diversify its economic dependencies. It could also focus on strengthening domestic industries and encouraging innovation to boost resilience. Adaptability will be key in navigating these changes.
Editor: You referenced Claudia Sheinbaum, the President of Mexico, as a prepared leader. From your observations, what qualities do you think are necessary for her administration to successfully manage the challenges that lie ahead?
Robinson: Effective communication and negotiation skills are essential. Sheinbaum’s ability to build coalitions, both domestically and internationally, will be crucial. Additionally, she should leverage her expertise in governance to implement policies that encourage economic growth while addressing socio-economic disparities within Mexico.
Editor: Shifting gears a bit, with the backdrop of international economic uncertainty, how can countries like Mexico position themselves to thrive?
Robinson: Resilience is critical. They need to invest in education and infrastructure and promote sustainable practices. By fostering an environment conducive to innovation, Mexico can attract foreign investment while also empowering its locals. This dual approach could lead to long-term stability and growth.
Editor: Thank you for those insights, James. As we wrap up, what message would you like to share with our readers regarding the current economic climate in Mexico and its potential future?
Robinson: I would suggest a sense of cautious optimism. While challenges are certainly present, they also bring opportunities for change and growth. I encourage policymakers, businesses, and citizens alike to collaborate and adapt. The future can be bright if we work together towards shared goals.
Editor: Thank you so much for your time, James. Your insights are invaluable, and we look forward to following your work in the future.
Robinson: Thank you for having me. It’s been a pleasure!