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

Shifts in Economic Geography and Their Causes

Author:
ANTHONY J. VENABLES
Professor
London School of Economics

Discussant:
DOUGLAS A. IRWIN
Professor
Dartmouth College

General Discussion

Consequences for Production and Prices, Employment and Wages

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

Authors:
GENE M. GROSSMAN
Professor
Princeton University

ESTEBAN ROSSI-HANSBERG
Professor
Princeton University

Discussant:
JOHN B. TAYLOR
Professor
Stanford University

General Discussion

Consequences for Financial Markets and Global Saving and Investment

Patterns of International Capital Flows and Their Implications for Economic Development

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

Discussant:
SUSAN M. COLLINS
Professor
Georgetown University
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

Impact of Globalization on Monetary Policy

Author:
KENNETH S. ROGOFF
Professor
Harvard University

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