This book talk is part of the FT Weekend Oxford Literary Festival 2018, the Oxford Martin School is the Festival Ideas Partner
Professor Ian Goldin and economist Stephen King look at the fallout from globalisation.
This is a ticketed event and the tickets are £7 - £12.50. For more information and to purchase a ticket please visit this website: https://www.ticketsource.co.uk/date/443683
About the speakers
Professor Ian Goldin was the founding Director of the Oxford Martin School from September 2006 to September 2016. He is currently Oxford University Professor of Globalisation and Development, Senior Fellow at the Oxford Martin School, Director of the Oxford Martin Programme on Technological and Economic Change and a Professorial Fellow at the University’s Balliol College.
During his decade as Director the School established 45 programmes of research, bringing together more than 500 academics from across Oxford, from over 100 disciplines, and becoming the world’s leading centre for interdisciplinary research into critical global challenges.
Professor Goldin initiated and was Vice-Chair of the Oxford Martin Commission for Future Generations, which brought together international leaders from government, business, academia, media and civil society to address the growing short-term preoccupations of modern politics and business, and identify ways of overcoming today’s gridlock in key international negotiations. The Commission's report, Now for the Long Term, was published in October 2013.
From 2003 to 2006 he was Vice President of the World Bank, and prior to that the Bank’s Director of Development Policy (2001-2003). He served on the Bank’s senior management team and led the Bank’s collaboration with the United Nations and other partners as well as with key countries. As Director of Development Policy, he played a pivotal role in the research and strategy agenda of the Bank.
From 1996 to 2001 he was Chief Executive and Managing Director of the Development Bank of Southern Africa and served as an advisor to President Nelson Mandela. He succeeded in transforming the Bank to become the leading agent of development in the 14 countries of Southern Africa. During this period, Goldin served on several Government committees and Boards, and was Finance Director for South Africa’s Olympic Bid.
Previously, Goldin was Principal Economist at the European Bank for Reconstruction and Development (EBRD) in London, and Program Director at the OECD Development Centre in Paris, where he directed the Programs on Trade, Environment and Sustainable Development.
Goldin has received wide recognition for his contributions to development and research, including having been knighted by the French Government and nominated Global Leader of Tomorrow by the World Economic Forum. He has published over 50 articles and 20 books - more information can be found at iangoldin.org
Stephen D King is a British economist and author. His third book, Grave New World, was published in May 2017. His last book, When the Money Runs Out, was selected as a 'book of the year' by the Financial Times, the Economist and the Times. He regularly writes for newspapers and magazines and appears frequently on both television and radio.
Now HSBC's Senior Economic Adviser, he was for many years HSBC's Group Chief Economist. He is also a Special Adviser to the House of Commons Treasury Committee and sits on the Council of Management of the National Institute of Economic and Social Research.
About the books
Age of Discovery: Navigating the Risks and Rewards of Our New Renaissance: The present is a contest between the bright and dark sides of discovery. To avoid being torn apart by its stresses, we need to recognize the fact-and gain courage and wisdom from the past. Age of Discovery shows how. Now is the best moment in history to be alive, but we have never felt more anxious or divided. Human health, aggregate wealth and education are flourishing. Scientific discovery is racing forward. But the same global flows of trade, capital, people and ideas that make gains possible for some people deliver big losses to others-and make us all more vulnerable to one another. Business and science are working giant revolutions upon our societies, but our politics and institutions evolve at a much slower pace. That's why, in a moment when everyone ought to be celebrating giant global gains, many of us are righteously angry at being left out and stressed about where we're headed. To make sense of present shocks, we need to step back and recognize: we've been here before. The first Renaissance, the time of Columbus, Copernicus, Gutenberg and others, likewise redrew all maps of the world, democratized communication and sparked a flourishing of creative achievement.
Grave New World: The End of Globalization: Globalisation, long considered the best route to economic prosperity, is not inevitable. An approach built on the principles of free trade and, since the 1980s, open capital markets, is beginning to fracture. With disappointing growth rates across the Western world, nations are no longer willing to sacrifice national interests for global growth; nor are their leaders able - or willing - to sell the idea of pursuing a global agenda of prosperity to their citizens. Combining historical analysis with current affairs, economist Stephen D. King provides a provocative and engaging account of why globalisation is being rejected, what a world ruled by rival states with conflicting aims might look like, and how the pursuit of nationalist agendas could result in a race to the bottom. King argues that a rejection of globalisation and a return to “autarky” will risk economic and political conflict, and he uses lessons from history to gauge how best to avoid the worst possible outcomes.