Call for Papers
Conference on "Trade and financial flows in the era of “post-globalisation”: a European perspective"
Jointly organized by: CompNet, ECB, IMF and IWH
European Central Bank, Franfurt am Main (Germany), 17-18 June 2020
The era of international trade expansion and liberalisation has seemingly come to a halt. World trade is no longer growing at the pace it did before 2008 and the participation in global value chains (GVCs) – which increased rapidly from 1990 to 2007 – has stalled and in some cases even reversed. These developments are occurring in a context in which tariff and non-tariff barriers have become an ever more frequent reality, with the number of harmful trade interventions on the rise since 2012 and strongly accelerating since 2017. On the financial side, a “new normal” has been emerging with respect to the size and composition of capital flows, with the demand for safe assets reaching record levels. On the other hand, the activities of multinational enterprises (MNEs) and special purpose entities (SPEs) have further expanded, making it increasingly difficult to interpret traditional national accounts statistics and cross-border financial positions.
In the tradition of the CompNet research network, this conference combines micro-founded and macro analyses to shed light on these issues. We call for original academic work – preferably with a focus on the euro area/EU and its economies – in the following areas:
- “Post-globalisation”: defining features and developments
- Changing trade conditions and their effects on productivity, convergence and welfare
- The impact of trade protectionism and trade policy uncertainty on where firms choose to be located and on global value chains
- Recent trends in global and regional production networks
- Capital flows in the era of low/negative interest rates
- Novel trade and capital flow datasets, and how they can shed light on MNE/SPE activities and their implications
The deadline for submission is 6 March 2020
Papers should be emailed to email@example.com.