Why globalisation is good for us all

Tuesday, 7 March 2017

A free public lecture being held at the University of Adelaide this week (Thursday 9 March) aims to change people's understanding of globalisation and its impact on societies.

Acclaimed international economist Professor Richard Baldwin says revolutionary advances in information technology and computing since the 1990s have led to a "New Globalisation".

Unlike "Old Globalisation", which was mostly about physical goods crossing borders, Baldwin’s New Globalisation theory explores how IT and digital disruption is transferring ideas and know-how.

Professor Baldwin argues that these massive flows of knowledge have transformed the global economy, allowing emerging markets to grow at unprecedented rates and helping 650 million people to rise out of poverty worldwide.

He says few governments and companies yet understand the full implications of New Globalisation, while policies that continue to be based on Old Globalisation thinking are failing to address community concerns and have stoked distrust of elites and governments.

Richard Baldwin is Professor of International Economics at the Graduate Institute of International and Development Studies in Geneva, Policy Director of the Centre for Policy Research in London, Founder and Editor-in-Chief of the policy website VoxEU.org, and an elected Member of the Council of the European Economic Association. He is a former Geoff Harcourt Visiting Professor at the University of Adelaide's School of Economics.

Professor Baldwin's free public lecture will be followed by the launch of his book, The Great Convergence: Information Technology and the New Globalization.

WHAT: Free Public Lecture and book launch: The Great Convergence – Information Technology and the New Globalization by Professor Richard Baldwin
WHERE: Napier lecture theatre G04, Napier building, North Terrace campus, University of Adelaide
WHEN: 5.30-8.00pm, Thursday 9 March 2017
COST: Free and open to all – please register

This event is organised by the European Union (EU) Centre for Global Affairs and the Institute for International Trade at the University of Adelaide.

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