Stephen D. King, senior economic advisor at HSBC, shared the findings from his new book, Grave New World: The End of Globalization, the Return of History, at the Peterson Institute for International Economics on June 8, 2017. In his book, King combines historical and current insights to explain why globalization is being rejected and what the end of globalization might mean for prosperity, peace, and the global economic order. PIIE senior fellow Joseph E. Gagnon provided his view on the vitality of open global capital markets and globalization.
In addition to his role at HSBC, King is also a specialist adviser to the House of Commons Treasury Committee in the Parliament of the United Kingdom. He was formerly global chief economist at HSBC. His previous book publications include When the Money Runs Out: The End of Western Affluence (2013) and Losing Control: The Emerging Threats to Western Prosperity (2010).
Gagnon has been a senior fellow at the Institute since September 2009. He previously served at the US Federal Reserve Board as associate director of the Divisions of International Finance, and of Research and Statistics. He is coauthor of the recent Institute book, Currency Conflict and Trade Policy: A New Strategy for the United States.