Agustín Carstens: Policymaking - respecting the life-cycle of policies

Commencement address by Mr Agustín Carstens, Governor of the Bank of Mexico, at the School of Global Policy and Strategy, University of California San Diego, San Diego, 20 June 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Thank you, Executive Vice Chancellor Peter Cowhey, Acting Dean Gordon Hanson, faculty, parents, spouses, partners, children, friends, and members of the Class of 2017. It is an honor to celebrate with you today. To you, Class of 2017, my warmest congratulations and heartfelt good wishes. As we say in Mexico, Muchísimas felicidades.

Not only have you earned your degree from this distinguished program in a world-class university; you have been living and studying in a very beautiful, unique place in North America and indeed, the world: this dynamic, vibrant, multicultural and international metropolitan area on the Pacific Rim, at the western extreme of the nearly 2,000 mile-long U.S.-Mexico border.

May you have long and successful careers as policymakers.