CEPA and the Economics Department of New School University host:

This conference challenged the theoretical and empirical claims that underpin the current wave of globalization, and questioned the wisdom of the drive to institute a world wide system of unrestricted trade and capital flows. Sessions focused on the historical role of regulated trade in the rise of the developed world, on the structural flaws in the conventional theory of trade, on the empirical evidence concerning the effects of trade and financial liberalization, and on the economic and social consequences for the developing world.

Opening Remarks: 9:00-9:30 am
Richard Bernstein, Dean of the Graduate Faculty, New School University, and Anwar Shaikh, Professor, New School University

Session I: 9:30-11:30 am

Lance Taylor, New School University, "External Liberalization in Asia, Post Socialist Europe and Brazil"
John Weeks, School of Oriental and African Studies, "Exports and Foreign Investment in Latin America." Download paper (.doc 100kb)
Thomas Palley, Globalization Reform Project, Open Society Institute, "Revisiting the Economics of Import Substitution"
Massoud Karshenas, School of Oriental and African Studies, "Exchange Rates, Labour Markets and Manufacturing Exports from a Global Perspective." Download paper (.pdf 440kb)

Session II: 11:45 am-1:15 pm

Branko Milanovic, World Bank, "Worlds Apart: International and World Inequality, 1950-2000"
Sanjay Reddy, Barnard College, "Trade, Growth and Poverty." Download paper (.pdf 288kb)
Diane Elson, University of Essex, and Nilufer Cagatay , University of Utah, "International Trade: A Feminist Perspective"

Lunch Break

Session III: 2:15-3:45 pm

Ajit Singh, Cambridge University, "Capital Account Liberalization: Free Long Term Capital Flows, Financial Crises and Economic Development." Download paper (.doc 184kb)
Andrew Glyn, Oxford University, "International Competition and Profitability in OEDC Countries"
Stephanie Seguino, University of Vermont, "Is More Mobility Good?: Mobile Capital and the Low Wage Low Productivity Trap." Download paper (.doc 204kb)

Session IV: 4:15-5:45 pm

Ha-Joon Chang, Cambridge University, "Kicking Away the Ladder: The Real History of Free Trade." Download paper (.doc 132kb)
Anwar Shaikh, New School University, "Globalization and the Theory of Free Trade." Download paper (.doc 144kb)
Deepak Nayyar, University of Delhi, "Globalization and Free Trade: The Flexible Doctrine." Download paper (.doc 68kb)