The straightest path toward prosperity and growth is through education, according to officials from USC, the Marshall School of Business, and IPADE, the largest business school in Mexico.
To that end, representatives from USC, the Marshall School, IPADE, and the Consulate General of Mexico in Los Angeles, signed on Thursday the Collaboration Agreement that establishes the Business Lecture series among the institutions in order to promote understanding in the fields of business, economics, and finance.
The agreement calls for a Business Lecture to be delivered annually—and alternately—in Los Angeles and Mexico City; it aims to contribute to the exchange of knowledge and friendship among the two universities, the public sector, the business community, and investors from both countries.
“Megacities such as Los Angeles and Mexico City will be drivers of economic opportunity and social change in the 21st century,” said USC Provost and Vice President of Academic Affairs Michael Quick. “This agreement is a reflection of how critically important education and partnerships in and between those cities will be for our future.”
In recognizing the importance of the event, Dean Rafael Gómez pointed out “…the need to continue building bridges between the Mexican business community and the Los Angeles region business community is vital, and I am honored to partner with the leading business school in Los Angeles for this effort.”
“This agreement represents a significant opportunity for our two schools to increase our collaboration and our commitment to strengthening our exchanges of students, research and ideas,” said Tyrone Callahan, vice dean for undergraduate programs and professor of clinical finance and business economics.
“Megacities such as Los Angeles and Mexico City will be drivers of economic opportunity and social change in the 21st century. This agreement is a reflection of how critically important education and partnerships in and between those cities will be for our future." -- USC Provost Michael Quick
Similarly, the Consul General of Mexico, Carlos García de Alba, who has been an active facilitator of the academic exchanges between Mexico and Los Angeles, congratulated the analysis and novel perspectives that will be presented to the students of both universities through this initiative, and suggested that the Business Lecture will also be a channel to provide better and more extensive information to business decision makers: "public policies that impact the business community need to be supported by scientific knowledge in order to contribute to the creation of wealth and well-being in our countries,” he said. “I am delighted to play a role in facilitating the partnership between these two outstanding institutions.”
After the signing, Provost Quick shook hands with each partner. “Thank you for making this happen,” he said.
Dr. Pedro Aspe, president of Insignia Capital, a real estate investment company, and a former Secretary of State in two administrations, gave the inaugural lecture at Marshall with the presentation “Mexico, An Emerging Economy.” The lecture was attended by the signatories, as well as other academics, business leaders, USC and IPADE students and alumni.
“What is very clear,” he said, “Is that when you invest in education, it leads to growth.”
Dr. Aspe has been one of the architects of Mexico's current macroeconomic setting, who some view as responsible for giving independence to the Central Bank of Mexico, participating in the negotiation of Mexico's foreign debt, and contributing to the design of the privatization process and the international aperture of Mexico’s economy.