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IMF SEMINAR EVENT

DATE: October 11, 2017

DAY: Wednesday

4:15 PM - 5:30 PM

LOCATION: IMF HQ1 – Meetings Halls A&B

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Overview

Lower trade barriers and greater openness to trade have been historically associated with higher income growth in many countries, but this relationship has not been foolproof. For instance, some countries with the highest growth of exports and GDP during the heyday of the “Washington Consensus” followed heterodox development policies involving sizable trade barriers and hefty subsidies to domestic industries, and some of them still closely control the flow of capital across their borders. What have we learned from those distinct development policies? Should countries identify external “competitiveness” and avoidance of de-industrialization with maximization of social welfare? Under which circumstances is unfettered globalization incompatible with political stability and well-functioning democracies? Should we expect large emerging market economies to take the lead in the trade liberalization agenda going forward? This session will shed fresh light on these important policy issues.

Join the conversation via #IMFglobal

Join the conversation via #IMFglobal

Macro-Trade-Development Linkages

Macro-Trade-Development Linkages

Macro-Trade-Development Linkages
Lower trade barriers and greater openness to trade have been historically associated with higher income growth in many countries, but this relationship has not been foolproof.
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      Panelists

      Moderator: Min Zhu

      Panelist: Keyu Jin

      Panelist: Paul Krugman

      Panelist: Dani Rodrik