Threats to Globalization in the Aftermath of the Crisis
The Bank Negara Malaysia (BNM), the International Monetary Fund (IMF), and the IMF Economic Review are inviting paper submissions for a conference on “Threats to Globalization in the Aftermath of the Crisis” to be held at the Bank Negara Malaysia in Kuala Lumpur, July 25–26, 2017.
The conference will seek research on: (i) the recent past and medium-term future of international trade; (ii) the impact of protectionism and financial market turbulence on trade; and (iii) the labor market impact of both international trade and migration. We welcome submissions that focus on advanced economies, emerging economies, and Asia-Pacific economies. We are particularly interested in papers that address the following topics and questions:
The global slowdown in trade and finance. What are the causes of the current trade slowdown? Is there a capital flow slowdown? Are there large secular changes in the composition of capital flows? Has the relationship between real synchronization and financial integration changed?
Trade consequences of “secular stagnation” and protractedly low external demand. Is there a missing generation of exporters? What are the implications for selection into exporting and medium-run trade dynamics?
Protectionism, income inequality, and globalization. Does higher inequality lead to more demand for protectionism? How does higher inequality affect international asset markets? What is the effect of protectionism on global supply chains? What policies can ensure that the gains from globalization are spread more evenly?
Trade implications of asset market dynamics. What are the implications for domestic and export market entry of financial frictions and shocks? How does international market liquidity affect goods trade? How do multinational and trade links affect stock market comovements across countries?
Migration, remittances and welfare. What is the impact of immigration on labor markets in recipient countries? How does emigration affect remittances and inequality in origin countries?
Please send submissions in Adobe PDF format to:
Deadline for paper submissions is March 15, 2017 (authors of accepted papers will be informed by April 15, 2017). Preference will be given to submissions of finished papers. The conference will fund travel and local accommodation for speakers and discussants.