Event Summary
Some 75 years of postwar consensus supporting liberalized international trade, economic cooperation, and free markets has shattered, replaced by a “new economic nationalism” of industrial policy, tariffs, and state support for the economy. Can this new approach deliver stability, national security, and prosperity? This new PIIE book by Monica de Bolle, Jérémie Cohen-Setton, and Madi Sarsenbayev, The New Economic Nationalism, examines case studies revealing a mixed record. In some instances, economic nationalist policies have fostered growth and declining unemployment. In much of the developing world, however, economic nationalist policies have produced corruption, debt burdens, inflation, and ultimately stagnation.
MODERATOR
Chad P. Bown
Reginald Jones Senior Fellow, PIIE
PRESENTER
Monica de Bolle
Senior Fellow, PIIE
PANELISTS
Caroline Freund
Nonresident Senior Fellow, PIIE, Dean of the UC San Diego School of Global Policy and Strategy
Arvind Subramanian
Senior Fellow, PIIE