The event marks the Institute’s long-term commitment to catalyze investment and drive opportunity across Latin America
The study Women Powering Growth: The Potential of Female Workers in Latin America, shows increasing Mexico’s female labor force participation rates could result in a gain of US$208.2 billion to the economy annually
The Milken Institute, a nonpartisan international think tank dedicated to driving practical, scalable solutions to global challenges, announced today its inaugural convening in Latin America, the Global Investors’ Symposium: Mexico, taking place October 23-24 at the Four Seasons Hotel in Mexico City.
Featuring CEOs, business leaders, asset managers, capital allocators, tech innovators, and prominent investors, the event will feature thought-provoking programming and discussions on the most pressing economic, business, and social topics in Mexico and Latin America and provide an opportunity to engage with high-level government leaders and experts through curated sessions, receptions, dinners, and private roundtables.
Milken Institute CEO Richard Ditizio made the announcement as part of a series of meetings in Mexico City this week with business leaders and members of President-elect Claudia Sheinbaum's incoming administration.
“Mexico is now the No. 1 trading partner with the US, and its position on the world stage only continues to grow,” said Ditizio. “Given this position, the global move toward nearshoring, the opportunity to increase female participation in the labor force, a new administration, and many other favorable factors, the opportunity is right for the Milken Institute to bring our best thinking on attracting capital flows, and adding policy guidance to the overall investment landscape in Mexico.”
“At this pivotal moment in history, Mexico stands as a beacon of stability and opportunity for investment. With its robust political, economic, and social stability and the emerging trends of nearshoring, Mexico is positioned as one of the most competitive countries in the world in terms of productive investment and international business development that must be considered seriously by any global company planning to grow successfully. The Milken Institute has been and continues to be a great ally to take these fundamental dialogues to the next step,” said Esteban Moctezuma, ambassador of Mexico to the United States.
The symposium marks the Milken Institute’s strategic expansion to help accelerate and channel investments in Mexico and the broader Latin America region, driven by geopolitical and macroeconomic trends that have contributed to Mexico’s recent industrial and economic growth.
“Our decision to launch the Global Investors’ Symposium in Mexico City underscores the potential of the Americas,” said Laura Deal Lacey, executive vice president of international programs at the Milken Institute. “Mexico's critical geographic location and dynamic economic and investment opportunities, enhanced by technological innovations and connectivity with the US, make it a gateway to Latin America.”
Additionally, the Milken Institute has released several research studies and analyses on issues dominating the region, including Strengthening US–Mexico Semiconductor Supply Chains and Mexico’s Competitiveness as a Strategic Trade Partner.
The latest study released this week, Women Powering Growth: The Potential of Female Workers in Latin America, finds that greater participation of women in the workforce will be a critical strategy to help Latin American economies sustain their growth momentum. Some key findings include:
- Brazil is the only one of the five major Latin American economies (Argentina, Brazil, Chile, Colombia, and Mexico) where female labor force participation (LFP) rates are above the regional average of 51 percent, with a female labor force participation rate of 53.6 percent. In contrast, Mexico, the second-largest economy in the region, has the lowest female LFP with a rate of 45.6 percent, being the third lowest across Latin America.
- Women represent more than half of the highly skilled labor potential in Latin America’s major economies. Increasing female LFP rates to the average for Nordic countries could result in gains of US$1,632.9 per person, totaling $208.2 billion annually for Mexico.
- There is an untapped potential gain of US$933.2 billion in the total national incomes of Latin America’s five major economies, including a possible gain of $390.5 billion in Mexico by eliminating the gender disparity in the workforce.
The complete study, which can be found here, is one of the Milken Institute’s regular efforts to assess the economic situation and find key opportunities for business leaders and decision-makers.
For the latest information about the Global Investors’ Symposium: Mexico Symposium, please visit www.milkeninstitute.org. For sponsorships, partnership engagements, and program collaboration opportunities, please email acespedes@milkeninstitute.org. Please direct any media queries about the announcement to Michelle Stevenson at mstevenson@milkeninstitute.org.
About the Milken Institute
The Milken Institute is a nonprofit, nonpartisan think tank focused on accelerating measurable progress on the path to a meaningful life. With a focus on financial, physical, mental, and environmental health, we bring together the best ideas and innovative resourcing to develop blueprints for tackling some of our most critical global issues through the lens of what's pressing now and what's coming next. For more information, visit www.milkeninstitute.org.
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Media:
Michelle Stevenson
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