Globalization

Book

The Wind of the Hundred Days

Author: Jagdish N. Bhagwati

Jagdish Bhagwati applies his characteristic wit and accessible style to the subject of globalization in this collection of public policy essays.

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Must Read

Foreign Affairs: Campaign 2000: New World, New Deal: A Democratic Approach to Globalization

Authors: W. Bowman Cutter, Joan E. Spero, and Laura D'Andrea Tyson

The next Democratic president should build on Bill Clinton's legacy of embracing globalization and easing its downsides. This means developing a new system of global economic relations based on American leadership, open markets, engagement with China and other emerging markets, and stronger multilateral regimes to handle transnational challenges such as the environment, labor rights, and the information economy. A new world will need a global New Deal.

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Book

Growing Apart

Economists Albert Fishlow and Karen Parker show that there is no simple link between the forces of globalization and increased wage inequality, either in the United States or in several other countries.

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Event

World Economic Update Special Edition: The Great Globalization Debate

7:45 – 8:00 a.m. Breakfast
8:00 – 9:15 a.m. Meeting

In this Special Edition of the World Economic Update, the panel will depart from its usual agenda of assessing near-term developments and instead consider some of the broader global economic trends and longer-term prospects that are setting the terms of current policy debate, including the impact on jobs and wages, the changing role of China in the world economy, and the backlash against globalization. In addition to regular partipants Stephen Roach and Daniel Tarullo, the panel will include two distinguished academic economists with government policy experience -- Alan Krueger of Princeton and Matthew Slaughter of Dartmouth.

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Event

Stephen C. Freidheim Symposium on Global Economics

8:00 to 8:30 AM Breakfast Reception

8:30 to 9:45 AM Session One
Currency Wars, Capital Controls, and the Outlook for the International Monetary System
Ajay Shah, Professor, National Institute for Public Finance and Policy, New Delhi
Benn Steil
, Senior Fellow and Director of Interntional Economics, Council on Foreign Relations; Author, Money, Markets, and Sovereignty
Alan M. Taylor, Senior Advisor, Morgan Stanley; Professor of Economics and Director of the Center for the Evolution of the Global Economy, University of California, Davis
Presider: Sebastian Mallaby, Director, Maurice R. Greenberg Center for Geoeconomic Studies, and Paul A. Volcker Senior Fellow for International Economics, Council on Foreign Relations; Author, More Money Than God: Hedge Funds and the Making of a New Elite

10:00 to 11:00 AM Session Two Keynote
Lawrence Summers, Director, National Economic Council; Former Secretary of the Treasury, U.S. Department of the Treasury
Presider: Tim W. Ferguson, Editor, Forbes Asia

11:15 AM to 12:30 PM Session Three
Trade Tensions: Challenges and Opportunities After the Midterm Elections
Charlene Barshefsky
, Senior International Partner, WilmerHale; Former U.S. Trade Representative
Jagdish Bhagwati, Senior Fellow for International Economics, Council on Foreign Relations; Professor of Economics and Law, Columbia University; Author, In Defense of Globalization and Termites in the Trading System: How Preferential Agreements Undermine Free Trade
Douglas A. Irwin
, Robert E. Maxwell '23 Professor of Arts and Sciences, Department of Economics, Dartmouth College; Author, Free Trade Under Fire
Presider: Edward Alden, Bernard L. Schwartz Senior Fellow, Council on Foreign Relations; Former Washington Bureau Chief, Financial Times


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Event

America's Place in the World

The Council on Foreign Relations (CFR) invites you to discuss "America's Place in the World," a new survey report from the Pew Research Center conducted in association with CFR. Richard N. Haass and Alan Murray will discuss current trends in public opinion on U.S. foreign policy and international affairs. The report combines surveys of CFR members and the general public on emerging U.S. foreign policy goals and concerns.

*Please note the special timing.*

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