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Conference on Globalization in an Age of Crisis:
Multilateral Economic Cooperation in the Twenty-First Century

Co-Organizers: Robert C. Feenstra, University of California, Davis and NBER Alan M. Taylor, University of Virginia and NBER

Bank of England, London, England, September 15 and 16, 2011


 London conference

Standing left to right: Gerardo della Paolera [GDN], William Pizer [Duke], Maurice Obstfeld [Berkeley], Douglas Irwin [Dartmouth], Charles Bean [Bank of England], Danny Goroff [Sloan Foundation], Julianne Newbould, Paul Keating [fmr PM, Australia], Alan Winters [Sussex], Subir Gokarn [RBI], Barry Eichengreen [Berkeley], James Proudman [Bank of England], Robert Staiger [Stanford], Tony Venables [Oxford], Kyle Bagwell [Stanford], Richard Baldwin [Graduate Institute, Geneva], Valeria Czukasi [WTO, Uruguay], Alex Bowen [LSE], Pravin Krishna [Johns Hopkins SAIS], Robert Anderson [WTO], Charles Goodhart [LSE], Charlene Barshefsky [fmr USTR], Richard Berner [US Treasury], Richard Portes [LBS], Ernesto Zedillo [fmr President, Mexico], Andres Velasco [fmr Finance Minister, Chile], Giancarlo Corsetti [Cambridge]. Seated: Alan Taylor [Virginia], Mervyn King [Bank of England], Robert Feenstra [UC Davis].

Program

 

Wednesday, September 14

 

 

1800

Reception at The Lower Ground Bar, Prism Brasserie, 147 Leadenhall Street, London EC3

 

(within walking distance of Club Quarters Hotel)

 

 

 

 

Thursday, September 15

 

 

All sessions at the Bank of England Conference Center

Enter from Bartholomew Lane, off Threadneedle Street

 

 

0830

Continental Breakfast

 

 

0900

Free Trade and Multilateralism in Historical Perspective

Paper by:

DOUGLAS A. IRWIN, Dartmouth College and NBER

 

Kevin H. ORourke, Trinity College Dublin and NBER

Chaired by:

ROBERT C. FEENSTRA, University of California, Davis and NBER

Response by:

L. ALAN WINTERS, University of Sussex

 

RUFUS YERXA, World Trade Organization

 

 

1000

Coffee

 

 

1030

Monetary and Fiscal Policy Cooperation in History

Paper by:

BARRY EICHENGREEN, University of California, Berkeley and NBER

Chaired by:

ALAN M. TAYLOR, University of Virginia and NBER

Response by:

CHARLES BEAN, Bank of England

 

GERARDO DELLA PAOLERA, Global Development Network

 

 

1130

Can the Doha Round be a Development Round?  Setting a Place at the Table

Paper by:

Kyle Bagwell, Stanford University and NBER

 

Robert W. Staiger, Stanford University and NBER

Chaired by:

ROBERT C. FEENSTRA, University of California, Davis and NBER

Response by:

ROBERT ANDERSON, World Trade Organization

 

VALERIA CSUKASI, Ministry of Foreign Affaires, Uruguay

 

 

1230

Lunch

 

 

1430

Preferential Trade Agreements and the Multilateral Trade System

Paper by:

Pravin Krishna, Johns Hopkins University and NBER

Chaired by:

ALAN M. TAYLOR, University of Virginia and NBER

Response by:

ERNESTO ZEDILLO, Yale University

 

ANTHONY VENABLES, University of Oxford

 

 

1530

Coffee

 

 

1600

Facing the Climate Change Challenge in a Global Economy

Paper by:

LEE G. BRANSTETTER, Carnegie Mellon University and NBER

 

WILLIAM A. PIZER, Duke University

Chaired by:

ROBERT C. FEENSTRA, University of California, Davis and NBER

Response by:

SCOTT BARRETT, Columbia University

 

ALEX BOWEN, London School of Economics

 

 

1700

Adjourn

 

 

1845

Reception and dinner at The Court Room, Bank of England

 

Remarks by MERVYN KING, The Governor

 

Enter and Exit via Threadneedle Street only for dinner

 

 

 

 

Friday, September 16

 

 

All sessions at the Bank of England Conference Center

Enter from Bartholomew Lane, off Threadneedle Street

0830

Continental Breakfast

 

 

0900

Trade and Industrialisation after Globalisation’s 2nd Unbundling: How Building and Joining a Supply Chain are Different and Why it Matters

Paper by:

RICHARD E. BALDWIN, Graduate Institute, Geneva and NBER

Chaired by:

ALAN M. TAYLOR, University of Virginia and NBER

Response by:

DANNY QUAH, London School of Economics

 

ANDRES VELASCO, Harvard University and NBER

 

 

1000

Coffee

 

 

1030

Rethinking Multilateral Policy Cooperation in the XXI Century:  What do we Know about Cross-Border Effects of Fiscal Policy?

Paper by:

GIANCARLO CORSETTI, University of Cambridge

 

Gernot J. MUller, University of Bonn

Chaired by:

RICHARD PORTES, London Business School and NBER

Response by:

DOMENICO SINISCALCO, Morgan Stanley

 

MARTIN S. FELDSTEIN, Harvard University and NBER

 

 

1130

The International Monetary System: Living with Asymmetry

Paper by:

Maurice Obstfeld, University of California, Berkeley and NBER

Chaired by:

BEN BROADBENT, Bank of England

Response by:

TAKATOSHI ITO, University of Tokyo and NBER

 

ADAM POSEN, Bank of England and PIIE

 

 

1230

Lunch

 

 

1430

Global Macroeconomic and Financial Supervision: Where Next?

Paper by:

CHARLES A. E. GOODHART, London School of Economics

Chaired by:

ANDREW HALDANE, Bank of England

Response by:

ADAIR TURNER, Financial Services Authority (UK)

 

RICHARD BERNER, Department of the Treasury (US)

 

 

1530

Coffee

 

 

1600

Panel Discussion

Moderator:

PAUL TUCKER, Bank of England

 

 

 

CHARLENE BARSHEFSKY, Former U.S. Trade Representative

 

MARTIN S. FELDSTEIN, Harvard University and NBER

 

SUBIR GOKARN, Reserve Bank of India

 

PAUL KEATING, former Prime Minister, Australia

 

 

1730

Adjourn

 

 

1815

Coach departs from Club Quarters Hotel for The Reform Club

 

 

1900

Reception and dinner at The Reform Club, 104 Pall Mall, London SW1

 

Remarks by MARTIN WOLF, The Financial Times

 

 

2130

Coach departs from The Reform Club for Club Quarters Hotel

 

 



Format:

15 mins author(s)

15 mins 1st discussant

15 mins 2nd discussant

15 mins general discussion

 

 

 

 

 

 

 

 

 

 

9/12/11