How Should We Think about the Winners and Losers from Globalisation?
Free Public Lecture
Melbourne Law School
Room 920, Level 9
185 Pelham Street
Carlton VIC 3053
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In the wake of Trump’s election to the United States presidency, the 'losers' from globalisation have received unprecedented attention. While few would contest that manufacturing workers in developed countries have lost out over the past decades, the remedies proposed by President Trump have been met with a mixture of concern and ridicule by the trade establishment. And yet, it seems clear that, at least in the Western world, politicians and trade officials are no longer able to convince voters that international economic agreements will 'lift all boats'. Instead, those engaged in debates about trade policy will need to be open about the fact that economic globalisation creates both winners and losers.
This talk will present the contending narratives about the winners and losers from globalisation and will explore their implications for the redesign of international economic agreements.