Young Scholars Initiative
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Jay Pocklington @pockez Money and Banking, Financial History, Manager of the Young Scholars Initiative, Institute for New Economic Thinking Developing Economics
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UNCTAD SUMMER SCHOOL 2020
On Globalization and Development Strategies
August 15-23, 2020
The Young Scholars Initiative of the Institute for New Economic Thinking (INET-YSI) and United Nations Conference on Trade and Development (UNCTAD) are organizing a Summer School on the theme "From the Transformation of Economics to Economic Transformation: Pathways to a Better Future”, from August 15 to August 23, 2020. Given the travel restrictions and other containment measures, the summer school will be hosted online. This will be a global event, comprising one day of YSI-hosted pre-meeting on the August 15, allowing all participants to get to know each other before the school begins, followed by a week-long series of workshops by senior academics from across the world, curated by UNCTAD and YSI.
These workshops will broadly cover the following themes during the summer school:
(a) international trade and competitiveness
(b) monetary policy, inflation targeting and central bank independence
(c) global economic restructuring
(d) fiscal policy and structural reforms
(e) future of work
(f) economic discrimination and intersectionality
(g) green new deal
(h) rethinking the neoliberal order
(b) monetary policy, inflation targeting and central bank independence
(c) global economic restructuring
(d) fiscal policy and structural reforms
(e) future of work
(f) economic discrimination and intersectionality
(g) green new deal
(h) rethinking the neoliberal order
A detailed outline of the summer school can be found here. All workshops will be conducted between 2 pm to 5 pm CET. Please note that, given the time differences in time zone, we are trying our best to choose a slot that would work for most regions.
We invite you to participate in the summer school and engage in these week-long critical discussions. Please submit your request for registration here by August 10.
In addition to the workshops, the School is also happy to announce a mentorship programme and a blog-post writing competition.
Mentorship-programme
Participants will have the opportunity to apply for a short individual mentorship session about their research or policy interest with one of the school’s lecturers. In order to apply for the mentorship programme, you are requested to include a short note in the registration form about your research interests / work and how you expect to benefit from the mentorship programme. If selected for the programme, you will be assigned a suitable mentor based on your research interest / work.
Participants will have the opportunity to apply for a short individual mentorship session about their research or policy interest with one of the school’s lecturers. In order to apply for the mentorship programme, you are requested to include a short note in the registration form about your research interests / work and how you expect to benefit from the mentorship programme. If selected for the programme, you will be assigned a suitable mentor based on your research interest / work.
Blog-post competition
The blog-post would be a short, accessible blogpost on one of the themes of the conference. If you wish to participate in the competition, please submit a small abstract in the registration form based on one of the themes of the workshop. The participants whose abstracts are shortlisted, will be invited to participate in the competition and will be expected to work on their piece during the duration of the summer school. If participants display similar interests, the organization might group them and encourage them to work together to develop their posts. Participants will be encouraged to draw insights from these workshops in order to develop their essays. Additionally, they will receive one round of comments from an assigned senior lecturer on their piece and some directions on how to develop it further. The participants will be required to submit the final essay a week after the summer school, i.e., on August 30th. These final submissions will be reviewed by a committee of economists and the best essay essay will be published on the YSI Community Blog and linked to the webpage of the UNCTAD Debt and Development Finance Branch.
The blog-post would be a short, accessible blogpost on one of the themes of the conference. If you wish to participate in the competition, please submit a small abstract in the registration form based on one of the themes of the workshop. The participants whose abstracts are shortlisted, will be invited to participate in the competition and will be expected to work on their piece during the duration of the summer school. If participants display similar interests, the organization might group them and encourage them to work together to develop their posts. Participants will be encouraged to draw insights from these workshops in order to develop their essays. Additionally, they will receive one round of comments from an assigned senior lecturer on their piece and some directions on how to develop it further. The participants will be required to submit the final essay a week after the summer school, i.e., on August 30th. These final submissions will be reviewed by a committee of economists and the best essay essay will be published on the YSI Community Blog and linked to the webpage of the UNCTAD Debt and Development Finance Branch.
We look forward to your contributions!
YSI organizing team
Santiago J. Gahn (University of Roma Tre, Rome)
Surbhi Kesar (Azim Premji University, Bengaluru)
Nurlan Jahangiri (University of Hamburg, Hamburg)
Jenny Tue Anh Nguyen (Oxford University, Oxford)
Jay Pocklington (INET-YSI)
Heske Van Doornen (INET-YSI)
Surbhi Kesar (Azim Premji University, Bengaluru)
Nurlan Jahangiri (University of Hamburg, Hamburg)
Jenny Tue Anh Nguyen (Oxford University, Oxford)
Jay Pocklington (INET-YSI)
Heske Van Doornen (INET-YSI)
Please feel free to write to us at: development@youngscholarsinitiative.org if you have any further questions.
UNCTAD SUMMER SCHOOL 2020
From the Transformation of Economics to Economic Transformation: Pathways to a Better Future, August 15-23, 2020
Organized with the support of:
Division of Globalization and Development Strategies - UNCTAD Young Scholars Initiative of the Institute for New Economic Thinking
The United Nations Conference on Trade and Development (UNCTAD) and the Young Scholars Initiative of the Institute for New Economic Thinking (INET-YSI) are excited to invite you to apply to the UNCTAD Summer School 2020. The school will take place online only, during August 16-23, 2020. YSI will host a pre-meeting on the 15th, allowing all participants to get to know each other before the school begins
The global financial crisis triggered widespread protests against the power of finance and the deep inequalities and anxieties that haunt our hyperglobalised world, but it did not inspire any courageous reform effort or produce a serious rethinking of how we approach the ordering of economic life. Indeed, restoring the health of the financial sector and the portfolios of institutional investors was the priority of policy makers, protecting the livelihoods of working families and the recovery of local communities was relegated to a second order problem (at best). As a result, the norms, rules and institutions of the hyperglobalised world survived largely intact and the economic theories that failed to see, or worse still contributed to, the disaster have continued to dominate university curricula and to frame the range of acceptable policy options to economic challenges facing governments at all levels of development.
The Covid-19 crisis has, once again -- and arguably even more profoundly -- highlighted the disconnect between what makes for healthy communities and what constitutes a healthy economy. Whilst the abrupt work stoppage has forced advanced country governments in to novel support packages for distressed families and there is a good deal of talk about building a better recovery that
leaves no one behind, even the massive national packages adopted by G20 countries have focused on bailing out large corporations while the international agenda has failed to provide meaningful support to countries lacking the fiscal and policy space to deal with the health pandemic let alone the deep economic damage resulting from what the IMF has called the “great lockdown.”
This year’s summer school aims to connect the intellectual challenge of rethinking economic analysis to the practical challenge of building a healthier, more resilient, more equal and greener future for all.
Students will have the opportunity to apply for 1:1 mentorship with the speakers and can participate to a blogpost writing competition, by submitting a short accessible article on one of the themes addressed in class, benefitting from the advice of the speakers. For further details please visit YSI platform.
Program:
*The time schedule is expressed in Central European Summer Time (CEST)
Saturday 15: independent activities of the Young Scholars Initiative
Sunday 16:
1 pm Welcome and presentation of the school by Richard Kozul-Wright (UNCTAD)
Opening keynote
Jayati Ghosh (Jawaharlal Nehru University), “Why Do We Need to Transform Economics and How Do We Do It?”
Debunking myths session: Myths about international trade and competitiveness
Moderator: Richard Kozul-Wright (UNCTAD)
2.30 pm Ha-Joon Chang (University of Cambridge)
3.45 pm Fiona Tregenna (University of Johannesburg)
Description: International trade theory has a vaunted place in the economics canon and its abiding notion of comparative advantage lies behind the one-size-fits all policy advice to liberalize as the assured way for countries to integrate beneficially in to the global economy. In reality, international trade relations have always been structured around asymmetric patterns of dominance, economies of scale and technological learning and successful economies have rarely embraced a simple policy of rapid tariff reductions. This opening session will provide an introduction to the debates around international trade and its place in today hyperglobalised world economy.
Monday 17:
Debunking myths session: Myths about monetary policy, inflation targeting and central bank independence
Moderator: Nurlan Jahangirli (University of Hamburg, YSI)
2 pm Mary O’Sullivan (University of Geneva)
3.30 pm Matias Vernengo (Bucknell University)
Description: Much of the pro-growth policy effort deployed in the past 10 years relied on the action of the central banks. The possible continuation of this framework in the Covid-19 crisis calls once again into question the actual capacity of conventional and unconventional monetary policy to trigger and reinforce a recovery, the fitness of the international monetary architecture to guarantee stability and, more broadly, the political role – both nationally and internationally – of central banks.
Tuesday 18:
2 pm Thematic symposium, What green new deal can we (not not) afford?
Moderator: Diana Vivienne Barrowclough (UNCTAD)
Richard Kozul-Wright (UNCTAD)
Juan Carlos Moreno Brid (National Autonomous University of Mexico-UNAM)
Juliet Schor (Boston College)
Description: The pandemic demanded a high human death toll, and it challenged the organization of our economies and lifestyles. But another looming disaster menaces our very own survival: the climate crisis. What can we and must we do about it? Is there a conflict between green economy, and development and full employment policies? What are the current challenges across the world? What is politically feasible?
Wednesday 19:
Debunking myths session: Myths about fiscal policy and structural reforms
Moderator: Orsola Costantini (UNCTAD)
2 pm Jan Kregel (Levy Economics Institute of Bard College)
3.30 pm Nelson Barbosa (Sao Paulo School of Economics)
Description: Committing to do “whatever it takes” amounted to admitting that anything is possible. In front of evidence of past failure, is it still possible for policymakers to justify fiscal austerity and the compression of the living standards of the largest share of the population? What are the main relevant economic concepts at play and what are the practical challenges in designing a fiscal policy?
Thursday 20:
2 pm Thematic symposium, The growth of China
Moderator: Seung Woo Kim (Graduate Institute of International and Development Studies, YSI)
Kevin Gallagher (Boston University)
Arkebe Oqubay (Government of Ethiopia)
Justin Yifu Lin (Peking University)
Description: China has emerged as a global political and economic power, but just how strong is its model and what will its implications be in the post -pandemic?
Friday 21:
2 pm Thematic symposium, Discrimination and intersectionality: exposing the blind spots of conventional economics and policy-making
Moderator: Surbhi Kesar (Azim Premji University, YSI)
Elissa Braunstein (Colorado State University)
Naila Kabeer (London School of Economics)
Rhonda V. Sharpe (Women’s Institute for Science, Equity, and Race)
Description: Very few economists would argue that discrimination should persist. But the interpretation of the nature of the problems is just as divisive as the suggestion of appropriate policies.
Saturday 22:
2 pm Thematic symposium The future of work, the future of welfare
Moderator: Gül Unal (UNCTAD)
Guy Standing (SOAS University of London)
Ipek Ilkkaracan (Istanbul Technical University- ITU)
Deborah James (Center for Economic and Policy Research CEPR)
Description: Experts have been denouncing the dualism and inequality in the labor market both in the developed and in the developing countries. The current crisis has both intensified and transformed those tensions. How does the future of labor look like, and how can governments respond and adapt welfare institutions? What choices are they likely to make?
Sunday 23:
2 pm Concluding debate Neoliberalism is dead. Long live…what?
Moderator: Grace Blakeley (International Progressive Policy Review-IPPR)
Jayati Ghosh (Jawaharlal Nehru University)
Gerald Epstein (University of Massachusetts, Amherst-UMass)
Surbhi Kesar (Azim Premji University, YSI)
Rob Davies (Ex-Minister, Trade and Industry, South Africa)
Description: The effort deployed by governments during and after the lockdown led observers to claim that globalization and the Neoliberal order, already shaky, have finally given way to a new state-driven nationalist model. While hopes for a new more equitable global system remain open, the dollar has proven to remain soundly at the top of the international monetary hierarchy. Similarly, the power of big financialized corporations does not seem to diminish, nor previous geopolitical tensions around the world have disappeared.
How to Apply:
Deadline for applications: August 10th
UNCTAD summer school welcomes applications from young policy makers and scholars, as well as members of the diplomatic corps.
To apply to summer school please visit the application form.
Contact information
For specific inquiries, please contact: gul.unal@un.org or development@youngscholarsinitiative.org
General Information
The school is jointly organized by the Division on Globalization and Development Strategies at UNCTAD and the INET-Young Scholars Initiative.
Organizers information
UNCTAD
UNCTAD is a permanent intergovernmental body established by the United Nations General Assembly in 1964. The organization is governed by its 194 member States and is the United Nations body responsible for dealing with economic and sustainable development issues with a focus on trade, finance, investment and technology. It helps developing countries to participate equitably in the global economy. UNCTAD carries out economic research, produces innovative analyses and makes policy recommendations to support government decision-making.
Division on Globalization and Development Strategies at UNCTAD
The Division promotes policies at the national, regional and international level that are conducive to stable economic growth and sustainable development. It regularly examines the trends and prospects in the world economy, undertakes studies on the requirements for successful development strategies and on the debt problems of developing countries. It also provides technical support to developing countries in their efforts to integrate into the international financial system and to manage their external debt.
INET- Young Scholars Initiative
YSI is an international community comprised of students, young professionals, and researchers. It provides a home to students, young professionals, or others who embrace new and critical ways of thinking about the economy. YSI fosters conversation between like-minded peers and connects young scholars to the Institute’s vast network of economists. YSI provides a platform for pursuing your interests in new economic thinking and a lively and stimulating intellectual environment for collaborating on furthering our understanding of the economy. The goal is for every member to be able to follow their curiosity and find resources and support for their specific intellectual pursuits in the overall community effort.
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