Globalization is believed to improve welfare, yet many observers note that increasing domestic financial crises and growing income inequality have accompanied globalization. The engine of globalization has faltered since the Lehman Brothers’ bankruptcy in September 2008. Recent reversals in globalization, including the decline in world merchandise goods trade as a percentage of GDP, the fall in the cross-border lending, and the increase in protectionist measures will have profound implications for Asian economies, which have become deeply integrated into the process of globalization.
This conference aims to highlight the need to balance growth and stability in an uncertain global economic environment of increasing protectionism. It will explore various institutional, legal, and financial tools that may help reduce economic volatilities arising from globalization and anti-globalization, as well as investigate the channels through which globalization affects economic stability.
- To stimulate research on globalization and economic stability among academics and policy makers in Asia and the rest of the world
- To provide a high-quality exchange platform for well-known scholars and experts on international economics to share in-depth research and insights on global economic and finance issues
- To contribute to the theoretical and empirical literature, as well as the regional policy dialogue
About 40 participants.
- Publication in the Journal of Money, Credit and Banking and/or
- An edited volume published by ADBI Press
How to register
Asian Development Bank (ADB), Chinese University of Hong Kong (Shenzhen), Journal of Money, Credit and Banking, and the Shenzhen Finance Institute
Time of event
Day 1: 09:00 - 20:00
Day 2: 09:00 - 14:20