MSB Hosts Panel of Dignitaries on Competitiveness in Latin America, Virtual Journal Launched

December 04, 2007 panel-universia0434

Georgetown University's Robert Emmett McDonough School of Business hosted a panel of dignitaries from Latin America and elsewhere who discussed the role of the private sector in helping to increase the competitiveness of the Latin American region.

A panel that included former presidents Jose Maria Aznar of Spain, Vicente Fox of Mexico, Alejandro Toledo of Peru, as well as Santander Bank Chairman Emilio Botin, U.S. Secretary of Commerce Carlos Gutierrez, and several executives from Latin America and the Iberian Peninsula offered perspectives on globalization and competition in Latin America.

Building on Secretary Gutierrez' opening remarks, each speaker expressed enthusiastic support for Free Trade Agreements (FTA) between Latin American countries and the United States. Additionally, the panel concluded that improving education will significantly reduce the effects of poverty in the region. "The tools of wealth are education, private property, enterprises, credit and ownership skills," said Gustavo Cisneros, Chairman of the Cisneros Group of Companies. "But education is the most important."

Earlier in the day, MSB professor Dr. Ricardo Ernst introduced the launch of the Journal of Globalization, Competitiveness and Governability to a crowd made up of members of the press and the panel of dignitaries. Dr. Ernst told the audience his "...dream is that, in a couple of years, this will be the website destination for anybody wanting to know what's happening in the region."

The journal, available only online, is the second major effort of Georgetown's Latin American Board and Universia, a division of Santander, the world's eighth-largest bank. The Board is made up of Georgetown scholars and business leaders from Latin America whose purpose is to develop projects that improve and develop competitiveness in Latin America, Spain and Portugal. The goal of the journal is to contribute to that effort by presenting the expertise of Georgetown faculty from the McDonough School of Business, Edmund A. Walsh School of Foreign Service, Department of Government and Center for Latin American Studies, as well as scholars representing Latin America and the Iberian Peninsula. The journal is to be published three times per year and will be available in English, Spanish and Portuguese. For more information about the Journal of Globalization, Competitiveness and Governability, visit

Of the collaboration between Georgetown's Latin American Board and Universia on the new journal, John J. DeGioia, president of Georgetown University, said "This partnership comes at a critical time for Georgetown, as we work to establish our institution as a leader in the Latin American region, and to transition ourselves into a truly global university. At its crux, this partnership goes to the very heart of Georgetown's mission, fostering a broad exchange of ideas across disciplines and across borders, and enabling scholars and leaders to critically engage in the global community in ways that can make a significant difference."

About the Robert Emmett McDonough School of Business

Georgetown University's McDonough School of Business is a premier business school located in the nation's capital. Founded in 1957 to educate undergraduate business students through the integration of liberal arts and professional education, the McDonough School today welcomes approximately 1,300 undergraduates, 620 MBA students, and more than 500 participants in its executive education programs annually. For more information about the McDonough School, visit

About Georgetown University

Georgetown University is the oldest Catholic and Jesuit university in America, founded in 1789 by Archbishop John Carroll. Georgetown today is a major student-centered, international, research university offering respected undergraduate, graduate and professional programs on its three campuses. For more information about Georgetown University, visit