Supply chain relocation to Mexico and North American economic competitiveness

Date

October 21, 2021, 9:00 AM to 10:30 AM EDT
Virtual Event

Adam S. Posen (PIIE), Jeffrey J. Schott (PIIE), Mary E. Lovely (PIIE), Luis de la Calle (De la Calle, Madrazo, Mancera, S.C.), John J. Hamre (CSIS), Ryan C. Berg (CSIS) and Mariana Campero (CSIS)

Event Summary

The Center for Strategic and International Studies (CSIS) and the Peterson Institute for International Economics (PIIE) co-hosted a livestream discussion on opportunities for expanding foreign direct investment in Mexico. The COVID-19 pandemic has accelerated a US-China economic decoupling, prompting a search for ways to diversify supply chains away from China by bringing manufacturing back to North America, known as nearshoring. Mexico's ability to become a viable and competitive nearshoring partner faces many challenges, however.

This event explored Mexican and US common interest in nearshoring supply chains and will assess Mexico's ability to play a major role in nearshoring. A panel of experts on Mexico, trade policy, and supply chains shared their insights from a series of essays written for this project.

This event was made possible through support from Chubb Ltd.

Featuring

Adam S. Posen
President, Peterson Institute for International Economics

Jeffrey J. Schott
Senior Fellow, Peterson Institute for International Economics

Mary E. Lovely
Senior Fellow, Peterson Institute for International Economics

Luis de la Calle
Managing Director and Founding Partner at De la Calle, Madrazo, Mancera, S.C. (CMM)

CSIS Experts

John J. Hamre
CSIS President and CEO, and Langone Chair in American Leadership

Ryan C. Berg
Senior Fellow, CSIS Americas Program

Mariana Campero
Senior Associate (nonresident), CSIS Americas Program

Video