Video: Gerardo Esquivel, “The Challenges of Inequality in Mexico”

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April 24, 2016 by cfmsc

You can now watch online Gerardo Esquivel’s Mexican Monday.

The problem of inequality is increasingly important worldwide. According to the World Economic Forum, deepening economic inequality was the main global tendency for 2015. Mexico is not an exception to this trend and therefore we must discuss inequality in Mexico. Although the topic has so far been avoided, the time has come to address the topic of inequality in Mexico for ethical, political and economic reasons. In Mexico, one of the richest men in the world coexists with more than 23 million people, whose income is insufficient to even purchase a basic food basket. Furthermore, this situation cannot be delimited to just a social dimension: extreme inequality has strong political implications. Economic power of certain sectors of the population is increasingly reflected in public policies that, by only benefitting a few, accentuate existing inequality in the country. Nevertheless, the panorama can be shifted if we recognize the magnitude of inequality that characterizes Mexico; for some time now, this is a burden that has limited the country’s economic growth and has immersed our society in a vicious cycle of poverty, low growth and extreme inequality.

Gerardo Esquivel received his Ph.D. in economics from Harvard in 1997. He also holds a B.A. in economics from the National University Autonomous of Mexico (UNAM, 1989) and an M.A. in economics from El Colegio de Mexico (1991). He is currently a Professor of Economics at El Colegio de Mexico, where he has been since 1998, and is the Executive Coordinator of Research at the Instituto Belisario Domínguez of the Mexican Senate. Previously, he worked as a Senior Macroeconomics Researcher at the Harvard Institute for International Development (HIID). Mr. Esquivel has also been a consultant for the International Monetary Fund, the Inter-American Development Bank, the World Bank, the United Nations Development Program and the Central Bank in Mexico. In 2011, Mr. Esquivel was Tinker Visiting Professor at the Harris School of Public Policy in the University of Chicago. Dr.Esquivel has written extensively on several economic issues and has received numerous distinctions for his research. He was awarded the 2005 National Prize for Research that is given annually by the Mexican Academy of Sciences for the most outstanding scholar in the Social Sciences in Mexico under 40 years of age. In 2008, he was awarded the “Ramón Beteta Quintana” Prize for his research in economics, in 2012 he received the National Award for Journalism, and in 2014 he received the National Award in Public Finances. He lives in Mexico City.

 

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