Thursday, June 13, 2013

21 June 2013: Trade Hyperglobalization and its Future?

Arvind Subramanian
Peterson Institute for International Economics (PIIE) and Center for Global Development (CGD)

The paper documents a number of key features about the trade since the mid-1990s including hyperglobalization, the dematerialization of globalization, reflected in the growing importance of services trade, the democratization of globalization, whereby openness has been embraced widely, criss-crossing globalization (the similarity of North-to-South trade and investment flows with flows in the other direction), the rise of a mega-trader (China), and the proliferation of regional trade agreements and the imminence of mega-regional ones. It discusses the proximate and deeper challenges confronting the trading system in this regard, outlines the kind of cooperation that will be required to sustaining globalization, and the role that India needs to play in this regard.

Date: June 21, 2013
Time: 06:00 P.M.

ICRIER Conference Room,
Core 6A, 4th Floor,
India Habitat Centre, Lodi Road,
New Delhi – 110 003(INDIA)


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