RIETI Report July 12, 2024

Future of Global Trade Order and Economic Security

Dear Readers,
Welcome to RIETI Report.
This bi-weekly newsletter will keep you updated with the recent columns, event information and research results by RIETI fellows and other leading economists in Japan and around the world.

RIETI has been co-sponsoring events with the Centre for Economic Policy Research (CEPR) annually for more than a decade. In this edition, we are introducing our latest event, "Future of Global Trade Order and Economic Security," held in Tokyo in April, in addition to our past cooperation initiatives.

We hope you will enjoy it. If you have any feedback, we would love to hear from you (news-info@rieti.go.jp).
Editors of RIETI Report (Facebook: @en.RIETI / X: @RIETIenglish / URL: https://www.rieti.go.jp/en/)

Featured event

RIETI-CEPR Symposium

Future of Global Trade Order and Economic Security

April 16, 2024

Introduction

Recently, the geopolitical landscape has shifted due to significant global events. COVID-19, the conflict in Ukraine, and rising tensions among major powers such as the U.S. and China, have resulted in changes in the trend of globalization. The global trade order and economic security are becoming increasingly important themes in the international community. Is it possible to restore the trade order in such times? What steps can be taken to mitigate the risks to economic security in the modern global climate? How can we rebuild mutual trust in international trade relations?

To read the full summary:
https://www.rieti.go.jp/en/events/24041601/summary.html

Opening Remarks

URATA Shujiro (Chairman Emeritus and Distinguished Senior Fellow (specially appointed), RIETI)
https://www.youtube.com/watch?v=Ryc_LjXjiRc&list=PLrKLHCc7FQaNoRE97SM6L8Y90_6oiY2Wr&index=2

Special Remarks

MATSUO Takehiko (Director-General, Trade Policy Bureau, METI)
https://www.youtube.com/watch?v=nm_AjJ5QYEA&list=PLrKLHCc7FQaNoRE97SM6L8Y90_6oiY2Wr&index=2

Session 1: Trade Policy, Industrial Policy and the Economic Security

Jeffrey Joseph SCHOTT (Senior Fellow, Peterson Institute for International Economics (PIIE)) / Simon J. EVENETT (Research Fellow, CEPR / Professor of International Trade and Economic Development, St. Gallen University / Founder of the St. Gallen Endowment for Prosperity Through Trade) / TAMURA Akihiko (Senior Adviser, RIETI) / URATA Shujiro
https://www.youtube.com/watch?v=i_r5zxILTPg&list=PLrKLHCc7FQaNoRE97SM6L8Y90_6oiY2Wr&index=4

Session 2: Multilateral Rule-based Liberal Trading Order and Supply Chains

KAWASE Tsuyoshi (Faculty Fellow, RIETI) / INOMATA Satoshi (Chief Senior Researcher, Institute of Developing Economies, JETRO) / Beatrice WEDER di MAURO (President, CEPR / Professor, the Graduate Institute of Geneva) / Simon J. EVENETT
https://www.youtube.com/watch?v=kMv5h-EVUrE&list=PLrKLHCc7FQaNoRE97SM6L8Y90_6oiY2Wr&index=5

Wrapping up and Final Remarks: Beatrice WEDER di MAURO
https://www.youtube.com/watch?v=ZTMQA-acjoo&list=PLrKLHCc7FQaNoRE97SM6L8Y90_6oiY2Wr&index=6

Other CEPR-Related Events

RIETI-CEPR Symposium “Two Speed Inflation: Implications for policy around the globe”
March 10, 2023
https://www.rieti.go.jp/en/events/23031001/summary.html
(Hanouts and Videos)
https://www.rieti.go.jp/en/events/23031001/handout.html

RIETI-CEPR Symposium “Exploring the New Capitalism”
March 23, 2022
https://www.rieti.go.jp/en/events/22032301/summary.html
(Hanouts and Videos)
https://www.rieti.go.jp/en/events/22032301/handout.html

BBL seminar “Hidden Exposure: Measuring U.S. supply chain reliance”
December 19, 2023
Richard BALDWIN (Professor of International Economics, IMD Business School, Lausanne) / URATA Shujiro (Chairman, RIETI / Professor Emeritus, Waseda University)
https://www.rieti.go.jp/en/events/bbl/23121901.html

Recent Related VoxEU Columns

RIETI is a consortium member of VoxEU.org established by CEPR, to which RIETI fellows have been contributing columns on their respective research themes.
https://www.rieti.go.jp/en/columns/voxeu.html

“The impact of exchange rates on Japan’s machinery exports since 1990”
Willem THORBECKE (Senior Fellow, RIETI)
https://www.rieti.go.jp/en/columns/v01_0212.html

“Cascades of tax policy through production networks: Evidence from Japan”
KOIZUMI Hideto (Fellow (Policy Economist), RIETI)
https://www.rieti.go.jp/en/columns/v01_0211.html

“Software automation and teleworkers as complements and substitutes”
Richard BALDWIN (Non-Resident Fellow, RIETI)
OKUBO Toshihiro (Faculty Fellow, RIETI)
https://www.rieti.go.jp/en/columns/v01_0210.html

“Reducing policy uncertainty attracts foreign direct investment in services: The role of regional trade agreements”
INADA Mitsuo (Associate Professor, Faculty of Humanities at Miyazaki Municipal University) / JINJI Naoto (Faculty Fellow, RIETI)
https://www.rieti.go.jp/en/columns/v01_0202.html

“The impact of export controls on international trade: Evidence from the Japan–Korea trade dispute in the semiconductor industry”
MAKIOKA Ryo (Research Associate, RIETI) / ZHANG Hongyong (Senior Fellow, RIETI)
https://www.rieti.go.jp/en/columns/v01_0201.html

[List of discussion papers]
https://www.rieti.go.jp/en/publications/act_dp.html
[List of upcoming and past symposiums]
https://www.rieti.go.jp/en/events/symposium.html
[List of upcoming and past BBL seminars]
https://www.rieti.go.jp/en/events/bbl/

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