Diapositiva 1
Transcripción
Diapositiva 1
ESADEgeo- Global Economy Annual Report 2012/2013 About ESADEgeo-Global Economy ESADEgeo-Global Economy: • ESADEgeo’s Sovereign Lab is devoted to an in-depth understanding of SWFs and the transformation in emerging economies. In 2012, the first Spanish SWF Report was published with the help of leading SWF experts from around the globe. In line with its policy vocation, it advised the Colombian government during its SWF-creation process. • ESADEgeo's Startup Lab is actively engaged with entrepreneurial issues. Start Up Spain’s conferences are positioned as the top Spanish startups event, attended by over 3,500 participants, key entrepreneurs and venture capitalists. Start Up Spain is contributing to the strengthening of the Spanish startups’ development and it establishes a linkage between the real needs of the entrepreneurs and the policy counseling for the government. • ESADEgeo's Globalisation Lab is a venue for global corporations interested in or coming from emerging markets. The first ESADEgeo Globalisation Lab was held in June 2010 with Latin American specialized economists from Standard & Poors. During these two years we have made an approach to the realities of countries such as Russia, India or China - always through the eyes of both academia and practitioners. ESADEgeo-Global Economy Team Team Javier Santiso, Vice President ESADEgeo (Madrid) Javier Capapé, Research Assistant (Madrid) Tomás Guerrero, Research Assistant (Madrid) Non-Residential Fellows Ruth Aguilera, Associate Professor, Department of Business Administration at the College of Business (Urbana- Champaign, IL, EE.UU) Victoria Barbary, Director, Sovereign Wealth Fund Center (London, UK) Christopher Balding, HSBC Business School of Peking University (Shenzhen, China) Jorge Blázquez, Centro Internacional de Formación Financiera (Madrid, España) ESADEgeo’s Sovereign Lab 2012 Sovereign Wealth Funds Report Edited by Javier Santiso, the 2012 Sovereign Wealth Funds report is the first annual report produced by ESADEgeo with the support of KPMG and INVEST IN SPAIN-ICEX. This report looks at the strategies used by SWFs. It analyzes their investment decisions, alliances they have established to operate in other emerging markets, and the industrial joint ventures signed with Western global companies. ESADEgeo’s Sovereign Lab 2012 Sovereign Wealth Funds Report Ministerio de Economía y Competitividad Madrid 27/11/2012 Javier Santiso, Vicepresidente, ESADEgeo Fernando García, Socio, KPMG José Carlos García, Consejero Delegado, Invest in Spain Ángel Santodomingo, Head of investor relations, Banco Santander Ignacio Estella, Director de originación de negocios, Iberdrola Enrique Sendagorta, Presidente, Torresol Energy Antonio Hernández, Socio, KPMG Attendance 400 people including experts and media ESADEgeo’s Sovereign Lab 2012 Sovereign Wealth Funds Report ESADEFORUM Barcelona 07/02/2013 Alfons Sauquet, Decano de ESADE Business School Jaime García-Legaz Secretario de Estado de Comercio, Gobierno de España Javier Santiso, Vicepresidente, ESADEgeo Fernando García, Socio, KPMG Julián de Unamuno, Director de finanzas, Indra Antonio Basolas, Director general de estrategia y desarrollo, Gas Natural Fenosa Antonio Hernández, Socio, KPMG Attendance 400 people including experts and media ESADEgeo’s Sovereign Lab SWF Report Media Impact El País - ¿España en el Olimpo de los inversores? Diario Expansión - Los fondos soberanos se fijan en España como puente hacia Latinoamérica - Dinero público de medio mundo se “enchufa” al sector energético Español - Fondos soberanos y emergentes: ¿qué nos perdemos? ABC - España fue el Segundo país de Europa que recibió más fondos soberanos en 2011 La Vanguardia - España puede captar inversiones de fondos soberanos como puerta a Latinoamérica y Europa Europa Press - Fondos soberanos foráneos buscan empresas españolas de alta especialización o con presencia en América Latina - Informe Fondos Soberanos 2012 (VIDEO) El Economista - Fondos soberanos buscan en España clubes de fútbol y escuelas de negocio El Confidencial - Los fondos soberanos se convierten en el 'caballo blanco' de las empresas del Ibex El Periódico - Un estudio aboga por atraer sedes de fondos soberanos Instituto Español de Estudios Estratégicos - Fondos Soberanos: Entre la necesidad y la razón de Estado Institutional Investor - The Daily Brief: Fun with Maps! - Mapping the Growth of Sovereign Funds in Africa ESADEgeo’s Sovereign Lab ESADEgeo SWF Ranking The ESADEgeo SWF Ranking allows immediate access to the sources of information used-webs of funds, central banks or monetary authorities- through direct links; also shows the change in the position of each fund relative to the previous update. ESADEgeo’s Sovereign Lab ESADEgeo SWF Tracker The dynamic map ESADEgeo SWF Tracker provides information about the regional distribution of funds. The map provides various information layers. On the one hand, the range of colors lets you know how much funding each country manages. In addition, through its size balloons and we know the total volume managed in each country. In a third layer, we know the name, year of foundation and volume handled by each fund in each country. As in the case of ranking, you can access the information source. The map allows you to zoom into seven regions: North America, South America, Europe, Africa, Middle East, Asia and Australasia. ESADEgeo’s Startup Lab Start Up Spain began as a series of conferences with entrepreneurs who wanted to encourage more people to become entrepreneurs, develop an efficient network for investors, as well as encouraging more entrepreneurs to come to Spain. The objective of this entrepreneurial drive is to accelerate the transformation of the Spanish economy into an innovative economy. The Start Up Spain series of conferences has a dual aim, supply the political debate with ideas and make an impact on the future development of policies that encourage entrepreneurship. Business people, technology companies, and venture capital must be given the priority they deserve. Start Up Spain was launched in November 2011 with the first Start Up Spain conference. Javier Santiso (@ javiersantiso) and the ESADE Business School have hosted over 3500 attendees and many others via live-streaming on their last six conferences. These conferences have been organised in cooperation with the Fundación Rafael del Pino and Campus Party Spain – and attendees include entrepreneurs, business angels, and family-office representatives. Start Up Spain has also attracted a strong following in social networks. Potential impact during the most recent conference included nearly 500,000 Twitter accounts. For the third time, it was a trending topic in Spain. Start Up Spain aims to generate ideas and promote discussion about starting businesses. We want the website www.start-up-spain.com to become a forum for initiatives that promote a new framework for Spanish entrepreneurs. ESADEgeo’s Startup Lab Start Up Spain III: A view from Outside 26/09/2012 María del Pino, Presidenta, Fundación Rafael del Pino Alfons Sauquet, Dean, ESADE Business School Javier Santiso, Vicepresidente ,ESADEgeo Vicente J. Montes, Deputy Director, Fundación Rafael del Pino Luisa Alemany, Director, ESADE Entrepreneurship Institute, ESADE Business School Iñaki Berenguer, Founder & CEO, Pixable (New York) Álvaro López-Medrano, Co Founder & CEO, InToTally (Madrid) Alfonso Villar, Founder & CEO, PlaySpace (Mallorca) Matías de Tezanos, Founder, PeopleFund (Miami), Investor, Playspace (Mallorca) Iker Marcaide, Founder & CEO, PeerTransfer (Boston) Tyler Sosin, Associate, Accel Partners (San Francisco), Investor, PeerTransfer (Boston) Luis Sanz, Co Founder, Olapic (New York) Ben Lin, Managing Partner, Greats Oaks (New York), Investor, Olapic (New York) Adeyemi Ajao, Founder & CEO, Identified (Palo Alto) Marcos Alves, Co Founder & CEO, Eltenedor.es (Madrid) Roger Casals, Founder & CEO, Passwordbank (Palo Alto) Miguel Ángel Díez, Founder & CEO, Red Karaoke (Palo Alto and Logroño) Koldo García, Co Founder, The Mad Video (San Francisco) Rebeca Minguela, Co Founder, Blink Booking (Madrid) Carlos Polo, Founder & CEO, Doocuments (Bilbao) Xabier Uribe-Etxebarria, Founder & CEO, Anboto (Palo Alto and Bilbao) ESADEgeo’s Startup Lab Start Up Spain IV: Entrepreneurship: For a Spain 3.0 17/12/2012 Amadeo Petitbò, Deputy Director, Fundación Rafael del Pino Alfons Sauquet, Dean, ESADE Business School Javier Santiso, Vicepresidente ,ESADEgeo Vicente J. Montes, Deputy Director, Fundación Rafael del Pino Luisa Alemany, Director, ESADE Entrepreneurship Institute, ESADE Business School Pilar Manchón, CEO & Founder, Indisys Marta Esteve, Founder, Rentalia, Co-Founder, Toprural Elena Gómez del Pozuelo, Presidente, Adigital,Co-Founder, Womenalia (and 5 others startups) Catalina Hoffmann, Ceo & Co-Founder Vitalia Alicia Asín, Co-Founder & CEO, Libelium María López, CEO, BitBrain Technologies Noelia Amoedo, CEO, Mediasmart Belén Barbero, Founder, BEBA´S CLOSET, Co-Founder, The Fab Shoes Javier Agüera, CTO & Co-Founder, Geeksphone Luis Iván Cuende, CEO, Asturix, Co-Founder, Holalabs Pep Gómez, Founder and CEO, Fever Albert Martí, CEO & Co-Founder, Bananity Nieves Fernández, CEO & Founder, familiafacil.es Óscar Pérez, Co-Founder, Medical Stay bcn Ignacio Benito, CEO & Founder, Ingenium ESADEgeo’s Startup Lab Start Up Spain V: Entrepreneurship: For a Spain 3.0 18/04/2013 María del Pino, Presidenta, Fundación Rafael del Pino Eugenia Bieto, Directora General, ESADE Javier Santiso, Vicepresidente ,ESADEgeo Vicente J. Montes, Deputy Director, Fundación Rafael del Pino Luisa Alemany, Director, ESADE Entrepreneurship Institute, ESADE Business School Marcelo Tejedor, chef de Casa Marcelo Paco Roncero, director y jefe de Cocina del Casino de Madrid Ramon Freixa, chef de Ramon Freixa Madrid Manuel Domínguez, chef de Lúa Federico González, CEO de NH Hoteles Ignacio Pérez, fundador de Pyro Studios & Ilion Animated Studios y copresidente de ZED Group Mauricio Prieto, cofundador de eDreams Belén Barbero, Founder, BEBA´S CLOSET, Cristina Garmendia, ex ministra de Ciencia e Innovación, partner de Ysios Capital Anna Birulés, ex ministra de Ciencia y Tecnología y miembro del Consejo Profesional de ESADE Senén Barro, ex rector de la Universidade de Santiago de Compostela y presidente de RedEmprendia Javier López, director general de la Fundación Barrié Tatiana López, fundadora y CEO de NANOGAP Sindhu Joseph, cofundadora y CEO de Cognicor Javier García, cofundador de Rive Techonology Javier Ulecia, socio fundador de Bullnet Capital y vicepresidente de ASCRI ESADEgeo´s Club España 20/20 Club España 20/20 is an informal group made up of leaders from state-owned and private companies. 20 members reside in Spain, whilst the other 20 live abroad. Supported by ESADE, these experts form a results-oriented action lab, whose role consists of suggesting actions and specific reforms to contribute to Spain's international expansion. Places: ESADE Headquarters Cities: Madrid & Barcelona Number of sessions: 6 Number of speakers: 65 C-level Spanish speakers and 65 C-level foreign speakers ESADEgeo’s Globalisation Lab Organised around internationally renowned speakers, ESADE Globalisation Lab is a private forum for Spain's corporate and institutional economists who are interested in the challenges posed by the global economy, emerging markets and applied economics in general. The ESADE Globalisation Lab was founded by Professor Javier Santiso, who lectures in Economics in ESADE Business School's Department of Economics and is the Academic Director of ESADEgeo. This forum is a venue for global corporations interested in, or coming from, emerging markets. The first ESADE Globalisation Lab was held in June 2010 with Standard & Poors rating agency economists responsible for Latin America and based in New York. ESADEgeo’s Globalisation Lab ¿Puede ser India una oportunidad para España? 23/10/2012 India se ha convertido en la última década en una de las economías emergentes más pujantes, con un crecimiento poblacional anual estimado de 1.4 millones y una clase media en expansión similar a la población total de los Estados Unidos. En esta sesión, revisaremos el potencial de las relaciones económicas, industriales y comerciales entre España y la India y cómo el fortalecimiento de las mismas puede ser trascendental para que España pueda afrontar con mayor seguridad los desafíos que le aguardan en el nuevo orden mundial que se está configurando. También revisaremos qué papel puede jugar la diáspora india en nuestro país así como el rol de las empresas y las escuelas de negocios a la hora de estrechar esta vinculación. Javier Santiso, Vicepresidente, ESADEgeo Antoni Basolas, Director de Estrategia y Desarrollo, Gas Natural Fenosa Ramón M. Moreno, Director General, Casa Asia Ram Bhavnani, Inversor indio y autor del libro “Los secretos para ganar dinero en la bolsa” ESADEgeo’s Globalisation Lab The giant economy we should know better 19/11/2012 China se ha convertido en una potencia económica y política de primer orden a lo largo de los últimos años. Los organismos internacionales identificaron esta evolución sísmica haciéndole un hueco cada vez más importante en sus órganos de decisión en el Fondo Monetario Internacional, o dándole puestos claves, como el del recientemente sustituido economista jefe en el Banco Mundial. En este contexto, abordaremos cuál es el rol que está desempeñando China dentro del orden económico mundial y los retos que conlleva el liderazgo económico de China para los países OCDE. Además, conoceremos las dificultades que deben superarse para que España pueda aprovechar este crecimiento: tanto para invertir en China como para incrementar el comercio y la inversión con el gigante asiático. Javier Santiso, Vicepresidente, ESADEgeo Julio Arias, Diplomático de la Unión Europea y autor del libro Naranjas de la China Li Jun, Director general de ZTE en España y socio fundador de ESADE China Europe Club Ivana Casaburi, Directora de ESADE China Europe Club y profesora de ESADE ESADEgeo’s Globalisation Lab ¿Hacia dónde va América Latina? 05/12/2012 El manual The Oxford Handbook of Latin American Political Economy (editado por Javier Santiso y Jeff Dayton-Johnson) adopta una perspectiva político-económica que permite explicar la complejidad de la región latinoamericana. El enfoque de Albert O. Hirschman, sobre el que se fundamenta el libro, no conoció los cambios acontecidos recientemente: dictaduras militares que han dado paso a una consolidación democrática desigual y economías agrícolas y de materias primas que se han transformado en economías diversificadas de renta media, y que pueden calificarse como economías emergentes. La presente obra actualiza dicho enfoque a la nueva realidad de la región. Javier Santiso, Vicepresidente, ESADEgeo Alfons Sauquet, Decano, SADE Business School Luis Carranza, Ex-ministro de Economía y Finanzas de Perú Christian Daude, Economista sénior y jefe de Americas Desk en la OCDE Emilio Ontiveros, Presidente de Analistas Financieros Internacionales (Afi) Jorge Sicilia, Economista jefe de BBVA Research ESADEgeo’s Globalisation Lab Las Multinacionales de los Mercados Emergentes: ¿Hacia un nuevo orden empresarial 14/02/2013 La eclosión de los mercados emergentes ha traído consigo la configuración de un nuevo orden económico mundial. Dentro de este complejo proceso y a lo largo de la última década, un fenómeno ha cobrado un especial protagonismo: el despegue de las Multilatinas y del resto de multinacionales emergentes. En el manual, los profesores Guillén y García-Canal examinan, a través del desarrollo de multinacionales como la brasileña Embraer o la china Haier, las claves del éxito de las multinacionales emergentes, así como las lecciones que se pueden extraer de este reparto de poder más globalizado. Javier Santiso, Vicepresidente, ESADEgeo Esteban García-Canal, Profesor de Management de la Universidad de Oviedo Mauro Guillén, Profesor de Management de la Wharton School ESADEgeo’s Publications Javier Santiso Vice-president, ESADEgeo Teaching Innovación, Entrepreneurship (Exec. Master in Digital Business MAD)-4h magistrales-15 marzo ‘13 Entorno Económico y Social (Exec. Master in Digital Business BCN)-5h magistrales-8 febrero ‘13 Entorno Económico y Social (Exec. Master in Digital Business MAD)-5h magistrales-15 marzo ‘13 Economía Internacional (EMBA BCN)-15h magistrales.2 marzo, 6 y 20 abril ’13 External lectures VI Jornada Anual ESADE Alumni (2012, Madrid) Congreso AECOC´12 Liderar en tiempos de incertidumbre: España 3.0 (2012, Barcelona) XVIII Jornada Anual ESADE Alumni: América Latina 2.0: El auge de las multilatinas (2013, Barcelona) Books & Reports The Oxford Handbook of Latin American Political Economy, Javier Santiso & Dayton-Johnson (Eds.), New York: Oxford University Press, 2012. The Decade of Multilatinas, Cambridge, UK: Cambridge University Press, 2013. Banking on Democracy, Cambridge, MA: MIT Press, 2013. Informe Fondos Soberanos 2012, Javier Santiso (Ed.), Invest in Spain/ICEX, KPMG y ESADE Business School, 2012. ESADEgeo’s Publications Javier Santiso Vice-president, ESADEgeo Book´s chapters and published papers “Are sovereign wealth funds substantially different in their investment choices from other types of institutional investor?” (with Rolando Avendaño) at Sovereign Investment: Concerns and Policy Reactions, K. Sauvant, L. Sachs & W. Schmit (Eds.), New York: Oxford University Press, 2012. “Los nuevos Argonautas”, Economía Exterior, Nº 62, Estudios de Política Exterior, 2012. Opinion Articles “Emprender,” América Economía, November 2, 2012. “Con amor desde España”, El País, November 4,2012. “El efecto Guggenheim”, La Vanguardia, November 18 , 2012. “Un eldorado empresarial”, Valor Económico, November 20, 2012. “¿España en el Olimpo de los Inversores?”, El País, December 2, 2012. “Emprender para buscar soluciones”, El País, December 19, 2012. “(Des) marca España”, El País, January 6, 2013. ESADEgeo’s Publications Javier Santiso Vice-president, ESADEgeo Opinion Articles “América Latina: ¿Un El Dorado empresarial para España y Europa?”, La Vanguardia, January 13, 2013. “The Imperative of the Emerging Markets”, Atlas de Marcas, May 27,2013. “España 3.0”, Cinco Días, May 30, 2013. Javier Capapé Research Assistant Book ´s chapters "Sovereign Wealth Funds and Africa" at ESADEgeo Sovereign Wealth Fund Report 2012. Javier Santiso (Ed.) 2012. Madrid: ICEX-KPMG-ESADE. “Sovereign Wealth Funds and Infrastructure” (with Tomás Guerrero) at ESADEgeo Sovereign Wealth Fund Report 2013. Javier Santiso (Ed.) (forthcoming). Madrid: ICEX-KPMG-ESADE. "Los grandes inversores públicos emergentes: SOEs y SWFs. Operaciones en España" (with Adrián Blanco), (forthcoming) Información Comercial Española. ESADEgeo’s Publications Javier Capapé Research Assistant Working Papers “Sovereign Wealth Funds: The perfect strangers” (with Ruth Aguilera and Javier Santiso), College of Business Working Papers, University of Illinois at Urbana-Champaign, IL (send to Academy of Management Perspectives) and ESADEgeo Working Paper (forthcoming). “More layers than an onion: Looking for a definition of Sovereign Wealth Fund” (with Tomás Guerrero), The Fletcher School Sovereign Wealth Fund Initiative Working Paper, Tufts University, Boston, MA (forthcoming Summer Bulletin, July 2013). Opinion Articles “40 medidas para crear empresas”, (featured at El Mundo, June 4, 2012) "Fondos soberanos y emergentes: ¿Qué nos perdemos?", Expansión, November 14, 2012 "Informe Fondos Soberanos 2012", Cierre de Mercados, Intereconomía Radio, November 29, 2012 "Made in Latinoamérica", Idearium, El País (.com), December 3, 2012 "Los fondos soberanos nadan contra la corriente", Expansión, December 29, 2012 “Capitalismo de estado: ¿alternativa o transición?”, Idearium, El País (.com), May 20, 2013 “El fondo soberano chino supera en tamaño al noruego”, (featured at Expansión, June 4, 2013) ESADEgeo’s Publications Javier Capapé Research Assistant Visiting Scholar Department of Business Administration, College of Business, University of Illinois at UrbanaChampaign. (Supervised by Ruth Aguilera). Jan-May, 2013. Short scholar visits (2 weeks) at Harvard Business School, Harvard University, Boston, MA (supervised by Aldo Musacchio) and The Fletcher School, Tufts University, Medford, MA (supervised by Patrick Schena) Tomás Guerrero Research Assistant Book ´s chapters and published papers “Violencia guerrillera y crecimiento económico: Revisión de la literatura e índices de violencia a nivel departamental (1988-2005)” at Coyuntura Económica, Vol. XLII, No. 2, Diciembre 2012, pp. 189-229. Fedesarrollo, Bogotá-Colombia “Sovereign Wealth Funds and Infrastructure” (with Javier Capapé) at ESADEgeo Sovereign Wealth Fund Report 2013. Javier Santiso (Ed.) (forthcoming). Madrid: ICEX-KPMG-ESADE. “Frontier Markets: “Old friends, new rules” (forthcoming), The World Financial Review ESADEgeo’s Publications Tomás Guerrero Research Assistant Working Papers “Violencia guerrillera y productividad total de los factores: Un ejercicio de contabilidad del crecimiento económico para los departamentos colombianos (1988-2005), ESADEgeo Working Paper No. 11, November 2012. “More layers than an onion: Looking for a definition of Sovereign Wealth Fund” (with Tomás Guerrero), The Fletcher School Sovereign Wealth Fund Initiative Working Paper, Tufts University, Boston, MA (forthcoming Summer Bulletin, July 2013). Position Paper “Frontier Markets: A world of Opportunities”, ESADEgeo Position Paper No. 30, March 2013 “2013 Economic trends” (with Adrián Blanco), (forthcoming), ESADEgeo Position Papers Opinion Articles “Más allá de los BRICS: los mercados frontera”, Cinco Días, February 2013 “Los mercados frontera: ¿Una oportunidad para España?", Idearium, El País (.com), May 13, 2013 ESADEgeo’s Publications Ruth Aguilera Non-Residential Fellow Working Papers “Sovereign Wealth Funds: The perfect strangers” (with Ruth Aguilera and Javier Santiso), College of Business Working Papers, University of Illinois at Urbana-Champaign, IL (send to Academy of Management Perspectives) and ESADEgeo Working Paper (forthcoming). Victoria Barbary Non-Residential Fellow Book ´s chapters “Sovereign wealth fund investment behaviour“ at ESADEgeo Sovereign Wealth Fund Report 2012. Javier Santiso (Ed.) 2012. Madrid: ICEX-KPMG-ESADE. ESADEgeo’s Publications Christopher Balding Non-Residential Fellow Book ´s chapters “Sunken treasure: Brazil, deepwater oil, and Brazil´s sovereign wealth fund“ (with Ellen Campbell) at ESADEgeo Sovereign Wealth Fund Report 2012. Javier Santiso (Ed.) 2012. Madrid: ICEX-KPMGESADE. Working Papers “Sovereign Risk, Elections and Contagion”, ESADEgeo Working Paper No. 12, January 2013 “Corporate Tax Rates and Trade in OECD Countries: Asymmetric Trade Estimator in Modified Gravity” ESADEgeo Working Paper No. 13, April 2013 Jorge Blazquez Non-Residential Fellow “Why Western Nations Need an Active Industrial Policy: An Analysis of Deindustrialization and External Imbalances” ESADEgeo Working Paper No. 11, May 2013 ESADEgeo – Global Economy