Kollegienhaus, University of Basel
CIEB & Innoscape
Lecture "Trade with China: The Likelihood and Consequences of Decoupling"
Has globalization peaked? Will economic and geopolitical tensions lead us to a new era of disintegration and deglobalization, led by a decoupling of the U.S. and Chinese economies, or perhaps even a polarization of the world economy into separate economic hubs comprising the United States and its Western allies and China, Russia, and their satellites?
This event will consider the extent to which deglobalization has already begun in response to the "Trump tariffs" and the ensuing U.S.-China trade war. It will evaluate the likelihood of further decoupling in the light of the political and economic forces at play and review recent economic studies that estimate the effects using state-of-the-art quantitative trade models. Disintegration would be costly for all parties, especially if it involves significant technological decoupling.
The lecture will be held by Prof. Dr. Gene Grossman. Prof. Grossman is the Jacob Viner Professor of International Economics in the Department of Economics and the Princeton School of Public and International Affairs at Princeton University. His research focusses on international trade and the relationship between trade and growth.
The lecture «Trade with China: The Likelihood and Consequences of Decoupling» is organised by the Center for International Economics and Business (CIEB) which is headed by Prof. Dr. Rolf Weder as well as Innoscape. Prof. Dr. Rolf Weder is Professor of International Trade and European Integration at the Institute for European Global Studies. His main areas of research include international trade, international business, and European economic integration.
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