The Pacific Alliance is a relatively new initiative by Colombia, Chile, Mexico and Peru; countries that seek to create a new process of regional integration in Latin America and the Caribbean. Such a process is to be based in a shared vision of political economy and free trade as a model of development. The Pacific Alliance intends to implement a deep integration of services, capitals, investment and flow of people. It is defined as an open and non-exclusionary process of integration. In 2015, the Pacific Alliance received almost The European Institute for international Studies is half of the $159 bn dollars of foreign direct investment within the Latin American and a center for research and education in international the Caribbean region. Over its short history, the Pacific Alliance has effectively dragged Mario Torres Jarrín is Director of the European Institute of relations: diplomacy, global governance, sustainable positive attention among other emerging markets as a stable and democratic region with development and economic growth. Our mission is International Studies. He is Associate Lecturer in the Depart- great potential in several different fields. As its own name indicates, the Alliance has EMERGING MARKETS ment of Romance Studies and Classics, Faculty of Humanities to prepare leaders with a positive action to make dif- expressed a particular emphasis in the Asia-Pacific region, and is working effectively at and Associate Researcher in the Institute of Latin American ference in the building of a better world. The EIIS of- promoting increased participation in global value chains. Studies at Stockholm University. He is member of the Bi-Re- fers its students an integral education with values and Mario Torres Jarrín & Jonathan Violante Pica (Editors) Pica Violante & Jonathan Jarrín Torres Mario gional Academic Council of the Permanent Academic Forum principles that will serve in their professional life, as The four Member countries together comprise a population of 216 million people, THE PACIFIC Latin America and Caribbean-European Union, Executive Sec- well as to assume their social responsibilities. representing 3% of the world population. This means that the Pacific Alliance is not only an retary of the IBERO-EURO-AMERICA Consortium, Director of interesting producer, but also a very important consumer market in globally, constituted On the other hand, the EIIS has among its objectives ALLIANCE EU-CELAC Chair and Director of the Inter-Regional Dialogue mainly by a young population with a qualified labor force as well as an attractive subset of and Global Governance Research Group. He was Director of the to provide academic research and programs to serve consumers whose purchase power is constantly increasing. Furthermore, since the launch Global Iberoamerica Chair. He has a PhD in History, Faculty of key decision makers from the public and private sec- of the Pacific Alliance in 2012, the initiative has gained increasing economic importance Geography and History at the University of Salamanca (Spain), tors. It also offers an independent forum for dialogue PERSPECTIVES & and political attention. Today, not only Heads of State, but also other key policy makers, a Master in European Union Studies, Faculty of Law at the Uni- among international organizations, foreign ministries versity of Salamanca and a Bachelor in Business Studies, Fac- and academic institutions, effectively supporting the such as Ministers of Finance, meet yearly in order to consolidate a region for trade, OPPORTUNITIES FOR ulty of Economics and Business at the University of Salamanca development of mutually beneficial solutions for key well-being, inclusiveness, innovation and competitiveness. Demographic transitions (Spain). issues. in more industrialized economies present potential opportunities for technological LATIN AMERICA transfers between the Pacific Alliance and these countries in order to shift technology Edited by Mario Torres Jarrín & Jonathan Violante Pica Jonathan Violante Pica is a ‘trisectoral athlete’ who has while profiting from mutual expertise. It is expected that the increase in commerce in worked in business, government and non-profit. He has col- the Pacific Alliance will generate jobs and stimulate consumption both domestically and www.ieeiweb.eu lected experience in aeronautics, as an engineer for InterJet; internationally, hence making the member countries an important world market with an in private equity, in Australia, within the mining and energy integrated financial system. As a result, the Pacific Alliance has attracted the attention of sector; in public diplomacy, in the Embassy of Mexico in Swe- 49 observer states. den; and in non-profit for democracy and education globally. Currently the Head of Multilateral Affairs and Protocol at the This book delves into the Pacific Alliance from different perspectives, including the realms European Institute of International Studies (EIIS) he is also the of foreign diplomacy, economy, politics and technological aspects, whilst analyzing the Coordinator for the Mechanism of Joint Action Towards Sus- opportunities that may occur during this process of regional integration. tainable, Equal and Inclusive Democratic Societies developed by the Institute for Democracy and Electoral Assistance (IDEA) and EIIS. Furthermore, he is actively involved in the work de- veloped by the Finance and Private Sector Research Group, fo- ISBN 978-84-617-4697-2 EUROPEAN INSTITUTE OF cusing on the processes that lead to value creation on the XXIst century in regards to the role of new technologies, financial KADMOS PRESS ALLIANCETHE PACIFIC INTERNATIONAL STUDIES markets and regional integration in order to promote inclusive, Salamanca - España 9 7 8 8 4 6 1 7 4 6 9 7 2 Salamanca - Stockholm sustainable economic growth. OT 2040775 CMYK OT 2040775 CMYK Emerging Markets THE PACIFIC ALLIANCE Perspectives and Opportunities for Latin America Emerging Markets THE PACIFIC ALLIANCE Perspectives and Opportunities for Latin America MARIO TORRES JARRÍN JONATHAN VIOLANTE PICA (Editors) Salamanca 2016 © 2016 European Institute of International Studies 37005 Av. Agustinos Recoletos 2, Salamanca, Spain. 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