Subject (Course): The Pacific Alliance (Chile, Colombia, Mexico, and Peru). Syllabus:
- Introduction to the Pacific Alliance
- Strategic importance of the Pacific Alliance
- Organisational chart of the Pacific Alliance
- Trade and Integration in the region of the Pacific Alliance (*)
- Liberalisation of services and capitals (*)
- Integrated Latin American Market (MILA) (*)
- Protection of Intellectual Property (*)
(* Only available in Spanish).
The objectives of the subject of the “Pacific Alliance” are:
- To understand the purposes and the strategic importance of the Pacific Alliance
- To assess the benefits for member countries of the Pacific Alliance
- To analyse the process of economic and trade integration among the member countries (Chile, Colombia, Mexico, and Peru)
- To understand the concept of the Integrated Latin American Market
An example of the subject - The Pacific Alliance
Subject Description: Pacific Alliance:
In 2011, four Latin American countries (Chile, Colombia, Mexico, and Peru) created a regional
integration initiative: the Pacific Alliance.
All of them, except Colombia, are members of the Asia-Pacific Economic Cooperation (APEC).
- Candidate countries to become members of the Pacific Alliance: Costa Rica and Panama.
- The Pacific Alliance has forty-two observer countries
The objectives of the Pacific Alliance are:
- To create a space of economic integration between Chile, Colombia, Mexico, and Peru, seeking progressive free movement of goods, services, capital, and persons
- To achieve economic growth and improve the competitiveness of their economies, seeking the welfare of the population mitigating inequality.
- Being a platform at the political level in the Asia-Pacific region
Countries of the Pacific Alliance:
- 214 millions of people
- GDP per capita: of 16,500 dollars
- Eighth world economy
- Eighth overall export block.
- 38% of Latin American GDP.
- 50% of Latin American foreign trade
- 45% of FDI inflows in Latin America and the Caribbean.
The Pacific Alliance belongs to the Western Christian Civilisation - Latin American.