Globalization

Book

Globalization: What’s New?

Edited by former Council Senior Fellow and former Maurice R. Greenberg Geoeconomics Center Director Michael Weinstein, and with original contributions from ten eminent economists, Globalization: What's New? cuts through the confusion and rhetoric surrounding globalization to offer straightforward, incisive analyses of the subject and its future.

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Book

In Defense of Globalization

Author: Jagdish N. Bhagwati

An internationally renowned economist, Jagdish Bhagwati takes conventional wisdom—that globalization is the cause of several social ills—and turns it on its head. Properly regulated, globalization, he says, is the most powerful force for social good in the world.

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Book

Free Trade Today

Author: Jagdish N. Bhagwati

In Free Trade Today, Dr. Bhagwati applies critical insights from revolutionary developments in commercial policy theory to show how the pursuit of social and environmental agendas can be creatively reconciled with the pursuit of free trade.

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Book

Globalization: Challenge and Opportunity (Foreign Affairs Books)

What exactly is globalization, and should its effects be cheered or jeered? How have developing countries fared under globalization's new dispensation, and what if anything can be done to help them prosper? How are states and firms reacting to the new pressures placed on them? Should the international economic architecture be reformed in response?

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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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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

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

World Economic Update Special Edition: The Great Globalization Debate

Speaker: Alan B. Krueger
Speaker: Stephen S. Roach
Speaker: Matthew J. Slaughter
Presider: Daniel K. Tarullo

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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Must Read

Washington Post: Why the Elites Are Rising Up

Author: Jackson Diehl

"[G]lobalization is not merely an economic story. It is accompanied by the spread of freer and more inclusive elections to dozens of countries where they were previously banned or rigged. That has enabled the rise of populists who cater to globalization's losers and who promise to crush the old establishment and even out the rewards. In country after country, they've succeeded in monopolizing the political system. Hence, the elite revolt."

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