Global Discord:The International Economic Order under Fractured Geopolitics

Mon Nov 28 2022 at 12:00 pm to 01:00 pm

Harper Center | Chicago

Stigler Center for the Study of the Economy and the State
Publisher/HostStigler Center for the Study of the Economy and the State
Global Discord:The International Economic Order under Fractured Geopolitics
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Join us for two interrelated lunch seminars taught by Paul Tucker on these topics from his new book, "Global Discord".
About this Event

The contest between the West and China could well last a century or more, rather like that between Britain and France over the long 18th century. As then, more than a simple (but dangerous) rivalry for pre-eminence, the contest will be inflected by deep differences in legitimation norms arising from two civilisations’ distinct histories. But it would be foolhardy to regard the other superpower as beyond the pale since we cannot keep it there. While cooperation will be easier and deeper among those with whom we share the most and fear least, it cannot be non-existent with China (and its satellites) as some global hazards can be addressed only together. A world with different degrees of cooperation in different fields, this will be a de facto international order of concentric circles. It will affect the main international economic regimes and organisations in profound ways.


Join us for two interrelated seminars taught by on these topics from his new book, .


Monday, November 28: 12-1 pm

Geopolitics, Values, and the International Regimes for Trade and Investment

After a quick survey of his approach to International Relations, which rejects the standard menu of Hobbesian pessimism, Kantian idealism and Grotian natural law for one based on David Hume’s marriage of incentives and norms, Tucker will sketch his view of how the new geopolitics will constrain international cooperation into an order of concentric circles. The practical implications for cross-border trade and investment will be assessed, drawing on the World Trade Organization state-owned enterprises subsidies case and the current United Nations-sponsored review of the bilateral investment treaty order.


Tuesday, November 29: 12-1 pm

Basic Order: The International Monetary and Financial System Meets Security

Whether the gold standard under the 18th century balance of power, or the dollar under the period of US hegemony, the international monetary system and the international security order are typically intertwined. The challenge to the dollar is therefore more than economics. Tucker will describe what this should mean for US and European monetary, financial, and regulatory policies.


is a fellow at the Harvard Kennedy School and the author of Unelected Power:The Quest for Legitimacy in Central Banking and the Regulatory State (Princeton). He is a former central banker and regulator at the Bank of England, and a former director at Basel’s Bank for International Settlements, where he chaired some of the groups designing reforms of the international financial system after the Global Financial Crisis.

Paul Tucker’s new book, , will be available for sale and signing by the author.


In-person location: Harper Center C01 – 5807 S. Woodlawn Ave, Chicago IL 60637

*Livestream also available

LUNCH WILL BE SERVED (in-person attendees only)

FREE ADMISSION




Please be sure to read the notes below for important information regarding attendance at this event.


Pre-registration via this Eventbrite page is required.

Doors will open 30 minutes before the event begins. Please arrive early to claim your seat. If you can no longer attend, please cancel your ticket order on Eventbrite so others may register.

Doors will close 5 minutes before the event. You may be unable to enter the venue after the doors are closed.

No banners or signs will be allowed.

No large bags will be permitted.


Disclaimer: Students should never miss class to attend optional programming. The Deans’ Office will not support requests for absences due to participation on a trek, event, conference, or trip as excused.

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Event Venue & Nearby Stays

Harper Center, 5807 South Woodlawn Ave, Chicago, United States

Tickets

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