Abstract:
Supply chains are re-organized in many parts of the world. This happens not primarily for economic, but for geopolitical reasons. At the same time, too much emphasis on “friendshoring” (US Finance Minister Yellen) carries own risks.
The lecture will focus on the following three issues: geopolitical conflict between the Sino-Russian camp and the West; What does this mean for supply chains? Does it make sense to rely on domestic production? Or does policy intervention make for less prosperity and more poverty?; and an outlook: Globalization is changing, so are opportunities.
About the speaker:
Prof. Heribert Dieter is a Senior Fellow in the Global Issues Research Unit at the German Institute for International and Security Affairs in Berlin and Visiting Professor at the Asia Global Institute, and the University of Hong Kong. Currently, he is an adjunct professor at the National Institute of Advanced Studies. His research focuses on economics, trade in Australia, Indo-Pacific, China, India and the international financial system. The future of the multilateral trading system and the stability of the international financial system have been key questions in his research.