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Economics conference considers tech, political impacts on global economy
By Kathy Hovis
Economists from around the world will come to campus Oct. 3-5 to explore the changing global economy.
“The World at a Turning Point: Cornell Conference on Development Economics and Law” is open to the public and will feature such noted speakers as Pedro Conceicao, director of the Human Development Report Office for the United Nations Development Programme and Luis-Felipe Lopez-Calva PhD '99, global director for poverty and equity at the World Bank Group.
Speakers will focus on the changing nature of labor markets, technological progress, inequality, climate change and related laws and regulations. The event is a collaboration between CRADLE, a research group in the Mario Einaudi Center for International Studies, and the Department of Economics in the College of Arts and Sciences.
“People are speculating (and I agree) that with the rise of artificial intelligence and digital technology, and the declining demand for labor, the global economy is in a crisis,” said Kaushik Basu, professor of economics and the Carl Marks Professor of International Studies in the Department of Economics (A&S) and the SC Johnson College of Business and the organizer of the conference. “It’s not like a stock market plunge that makes headlines, but it’s a slow simmering crisis that’s building up. It is time to think out of the box.”
Read the full story on The College of Arts & Sciences website.
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