Ep. 18 - Is Globalization Dead? Feat. Adam Posen, President, The Peterson Institute

In this episode of the Great Tech Game podcast, host Anirudh Suri engages in a thought-provoking conversation with Adam Posen, president of the Peterson Institute for International Economics. They delve into the shifting global economic landscape, examining the impact of technology and geopolitics on economic growth. Posen offers deep insights into the 'corrosion of globalization,' national champions, and U.S.-China economic relations. The discussion also highlights the emerging resilience and autonomy of countries like India, Brazil, Indonesia, and Mexico, as they navigate macroeconomic policies amidst global challenges such as interest rate hikes and inflation. Additionally, the episode touches on the implications of U.S. economic nationalism for Mexico and potential initiatives like the BRICS Bank. To conclude, Posen shares his book recommendations and suggests guests for future episodes, promising further insights into economics and geopolitics.00:00 Introduction to the Great Tech Game Podcast02:37 Guest Introduction: Adam Pozen03:14 Overview of Discussion Topics04:07 Adam Posen's Economic Worldview04:44 The Corrosion of Globalization05:47 Geopolitical Tensions and Economic Segmentation07:19 Neoliberal Macroeconomics and Large Economies08:29 Technology and Productivity Growth09:10 Deep Dive: Corrosion of Globalization10:44 Ideological Shifts and Globalization13:50 Nationalism and Economic Policy15:34 The Role of the State vs. Market21:55 National Champions and Industrial Policy29:46 Efficiency vs. Resilience in Global Supply Chains41:47 Global Economic Governance Institutions51:40 Reimagining the WTO: A Plurilateral Approach52:09 The Role of Technology in Economic Growth53:20 The Great Tech Game: A New Era54:58 Tech Diffusion and Adoption: Key to Progress1:02:11 Generative AI: Overhyped or Revolutionary?1:08:52 US Manufacturing: Overemphasis and Alternatives1:16:14 China's Economic Peak and Policy Impacts1:23:45 Emerging Powers: India and Beyond1:30:56 Conclusion and RecommendationsBook Links:Anirudh Suri:The Great Tech Game by Anirudh Suri : https://amzn.eu/d/1Su38MyFollow Anirudh here:X (formerly Twitter): https://x.com/anirudhsuriLinkedin:   / anirudhsuri  Instagram:   / anirudh_suri  Facebook:   / anirudhsuri.in  Website: [www.anirudhsuri.com](http://www.anirudhsuri.com/)Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/)#TechnologyAndEconomics, #Globalization, #EconomicGrowth, #ChinaEconomy, #USManufacturing, #TradePolicy, #AI, #Productivity, #GlobalInstitutions, #IMF, #WTO, #TechDiffusion, #Macroeconomics, #Geopolitics, #USChinaRelations, #EmergingMarkets, #TechAdoption, #EconomicResilience, #SupplyChains