June 14, 2017
(From left to right) Gil Rémillard, Michel Patry and Enrico Letta.
HEC Montréal, the Sciences Po university of France and the International Economic Forum of the Americas – Conference of Montreal announced the creation of an International Institute of Economic Diplomacy, on June 12 in Montréal. The ceremony was attended by Michel Patry, Director of HEC Montréal, Enrico Letta, Dean of the School of International Business at Sciences Po, and Gil Rémillard, Founding Chairman of the International Economic Forum of the Americas. The three partner institutions will draw on their respective strengths to further research and develop their expertise in the field of economic diplomacy.
According to HEC Montréal Director Michel Patry, “Today’s businesses must forge complex connections with partners of different orders, from governments to NGOs and supranational organizations. The International Institute of Economic Diplomacy, at the junction of global business and international relations, will strive to identify new trends in economic diplomacy and to measure the effectiveness and impact of economic diplomacy strategies on our businesses and the economy as a whole.”
More specifically, the objectives of the International Institute of Economic Diplomacy are to identify and analyze new issues and to measure the effectiveness of economic diplomacy efforts in different spheres, such as promoting international trade, attracting foreign talent and business, industrial and social policy and transnational governance.
To fulfil its mission, the Institute will carry out research activities, create an observatory, develop a networking forum and set up outreach initiatives. The Institute and the two schools may also offer specific training in economic diplomacy, in addition to classes already available in fields directly or indirectly related to this topic at HEC Montreal and Sciences Po.
This initiative represents historic collaboration for HEC Montréal, Sciences Po and the International Economic Forum of the Americas. The two internationally renowned schools will be pooling their expertise in economics, management, the social sciences and international business. The new Institute is also in line with the mission of the International Economic Forum of the Americas, i.e. heightening knowledge of major international issues by promoting free discussion on their economic, political and socio-cultural aspects. Every year since 1995, the Forum has been presenting the Conference of Montréal and other international conferences on globalization-related themes.