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

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 Podcast 02:37 Guest Introduction: Adam Pozen 03:14 Overview of Discussion Topics 04:07 Adam Posen's Economic Worldview 04:44 The Corrosion of Globalization 05:47 Geopolitical Tensions and Economic Segmentation 07:19 Neoliberal Macroeconomics and Large Economies 08:29 Technology and Productivity Growth 09:10 Deep Dive: Corrosion of Globalization 10:44 Ideological Shifts and Globalization 13:50 Nationalism and Economic Policy 15:34 The Role of the State vs. Market 21:55 National Champions and Industrial Policy 29:46 Efficiency vs. Resilience in Global Supply Chains 41:47 Global Economic Governance Institutions 51:40 Reimagining the WTO: A Plurilateral Approach 52:09 The Role of Technology in Economic Growth 53:20 The Great Tech Game: A New Era 54:58 Tech Diffusion and Adoption: Key to Progress 1:02:11 Generative AI: Overhyped or Revolutionary? 1:08:52 US Manufacturing: Overemphasis and Alternatives 1:16:14 China's Economic Peak and Policy Impacts 1:23:45 Emerging Powers: India and Beyond 1:30:56 Conclusion and Recommendations Book Links: Anirudh Suri: The Great Tech Game by Anirudh Suri : https://amzn.eu/d/1Su38My Follow Anirudh here: X (formerly Twitter): https://x.com/anirudhsuri Linkedin: https://www.linkedin.com/in/anirudhsuri/ Instagram: https://www.instagram.com/anirudh_suri Facebook: https://www.facebook.com/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