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The New Economic Geography: Effects and Policy Implications


Foreword
THOMAS M. HOENIG
President, Federal Reserve Bank of Kansas City


The Contributors


Symposium Introduction
STACEY L. SCHREFT
Vice President and Economist, Federal Reserve Bank of Kansas City


Opening Remarks
BEN S. BERNANKE
Chairman, Board of Governors of the Federal Reserve System


SHIFTS IN ECONOMIC GEOGRAPHY AND THEIR CAUSES

Author:

ANTHONY J. VENABLES
Professor, London School of Economics

Paper: Shifts in Economic Geography and Their Causes

Discussant:

DOUGLAS A. IRWIN
Professor, Dartmouth College

General Discussion
CONSEQUENCES FOR PRODUCTION AND PRICES, EMPLOYMENT AND WAGES

Authors:

GENE M. GROSSMAN
Professor, Princeton University

ESTEBAN ROSSI-HANSBERG
Professor, Princeton University

Paper: The Rise of Offshoring: It's Not Wine for Cloth Anymore

Discussant:

JOHN B. TAYLOR 
Professor, Stanford University

General Discussion
CONSEQUENCES FOR FINANCIAL MARKETS AND GLOBAL SAVING AND INVESTMENT

Author:

RAGHURAM G. RAJAN
Economic Counsellor and Director of Research, International Monetary Fund

Paper: Patterns of International Capital Flows and Their Implications for Economic Development

Discussant:

SUSAN M. COLLINS 
Professor, Georgetown University and Senior Fellow, Brookings Institution

General Discussion
Luncheon Address

STANLEY FISCHER
Governor, Bank of Israel


STRATEGIES FOR GROWTH

Panelists:

T. N. SRINIVASAN 
Professor, Yale University

JAN SVEJNAR
Professor, University of Michigan

PAUL COLLIER
Professor, Oxford University

General Discussion


IMPLICATIONS FOR MONETARY POLICY

Author:

KENNETH S. ROGOFF
Professor, Harvard University

Paper: Impact of Globalization on Monetary Policy

Discussant:

CHARLES BEAN
Executive Director and Chief Economist, Bank of England

General Discussion
OVERVIEW PANEL   

Panelists:

MARTIN FELDSTEIN
President and Chief Executive Officer, National Bureau of Economic Research

ARMINIO FRAGA
Chief Executive Officer, Gavea Investimentos

RAKESH MOHAN 
Deputy Governor, Reserve Bank of India

General Discussion

The Participants

 
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