European Research Workshop in International Trade (ERWIT) 2019

 

 

 

European Research Workshop in International Trade

(ERWIT)

Hosted and Sponsored by

London School of Economics, Centre for Economic Policy Research

London 5-7 June 2019

ERWIT is an annual workshop that brings together international economists from across Europe and key researchers from outside the region. The workshop disseminates the findings of recent research on international trade, and presentations often involve exploratory rather than finished papers. It provides a unique opportunity to discuss trade-related research in a relaxed atmosphere.

 

ERWIT Policy Panel Invitation: Lost Generations? Globalisation and the Left-Behinds of Tomorrow

British Academy, London
Tuesday 4 June 2019

 

Chair

Dame Minouche Shafik (LSE)

Panel

Professor Elhanan Helpman (Harvard University and CEPR)
Professor Stephen Machin (Centre for Economic Performance and CEPR)
Marion Jansen (International Trade Centre ITC)
Professor Beata Javorcik (University of Oxford and CEPR)

Recent political developments have tested the stability of the world trading system. Many commentators have suggested that the current political upsets are a populist backlash against the status quo of the international economic system by those who feel left behind by the recent wave of globalisation. Economists have documented the extent to which globalization and technological changes contributed to the decline of left behind regions, like manufacturing cities and sea-side towns. Empirical research in the last couple of decades has made much progress in understanding the processes of displacement and the challenges to re-employment.

Looking forward from what we have learned, this panel will address the following questions:
1. How can we ensure the gains from economic changes are shared more equitably?
2. What can stakeholders do to overcome the economic and political polarization that we see today?

The purpose of the policy panel is to provide an evidence-based discussion, with the aim of giving concrete answers and recommendations to these two questions.