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Trump and globalisation: will the retreat from open trade damage global development?

Tuesday 28th February 2017 6:00pm AEDT


Rapid expansion of international trade was crucial to rising incomes in Asian developing countries in the late 20th century. The great Crash of 2008, slowed, but did not end growth in most of the developing world. The large-scale entry into the world economy of China, India and other developing countries placed downward pressure on median incomes in the old developed world. The developed democracies used tax and expenditure policies to reconcile open trade with equitable distribution in the second half of the 20th century. Such policies were avoided when they were needed most in the early 21st century.

This presentation explores the origins of the backlash against globalisation, its consequences for global economic development and the future prospects of democracy in developed and developing countries.

RossGarnautJuly2014

Professor Ross Garnaut AO is  a professorial research fellow in economics at the University of Melbourne (since 2008). Earlier at the Australian National University he was distinguished professor of economics (2007-2013) and before that longstanding head of the Division of Economics in the Research School of Pacific and Asian Studies.

Professor Garnaut was the senior economic policy official in Papua New Guinea’s Department of Finance in the years straddling Independence in 1975, principal economic adviser to Australian prime minister Bob Hawke 1983-1985, and Australian ambassador to China 1985-1988.

 

Entry:  AIIA NSW members:  $15.00;  Senior/Student members $10.00

Non-members: $25.00;  Student non-members $15.00

For catering purposes, please register online or with nswexec@internationalaffairs.org.au

 

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Event Details


Location
The Glover Cottages (View Map)

Date / Time
Tuesday 28th February 2017 6:00pm AEDT

Hosted
AIIA NSW

Seats
45 Available out of 80

Registration Open
Monday 16th January 2017 9:00am AEDT

Registration Close
Tuesday 28th February 2017 5:00pm AEDT


Event registration has closed, on Tuesday 28th February 2017 5:00pm AEDT.