#  March 12, 2022 

 



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## **The Politics and Economics of International Finance Research Group Meeting**

*Sponsored by the Weatherhead Center for International Affairs and the Mossavar-Rahmani Center for Business and Government*

**Location**: Belfer Case Study Room (S020), CGIS South Building, 1730 Cambridge Street, Cambridge, MA 02138

### Conference Chairs

**Jeffrey Frankel**, James W. Harpel Professor of Capital Formation and Growth, Harvard Kennedy School.

**Jeffry A. Frieden**, Stanfield Professor of International Peace, Department of Government, Harvard University.

### Schedule

**9:00–9:30 a.m.** | Continental Breakfast

**9:30–9:40 a.m.** | Welcome

**9:40–11:10 a.m.** | **Atif Mian**, Department of Economics, Princeton University. “Global Inequality and R”

- Background Material:
    - Mian, Atif, Ludwig Straub, and Amir Sufi. 2022. “[Indebted Demand](/publications/“indebted-demand”).” *Quarterly Journal of Economics* 11/2021: 2243–2307.
    - Mian, Atif, Ludwig Straub, and Amir Suf. 2022. “[The Saving Glut of the Rich](/file_url/191)"

**11:10–11:30 a.m.** | Coffee Break

**11:30–1:00 p.m.** | Policy Panel: “The International Macroeconomic Situation: Inflation, Interest Rates, and Stabilization”

**Jason Furman**, Aetna Professor of the Practice of Economic Policy, Harvard Kennedy School, and former Chairman of the Council of Economic Advisers (2013–2017).

- Background Material:
- Furman, Jason. 2022. “[Bad News About the Good Inflation News ](/file_url/199).” Wall Street Journal, March 6, 2022.
- Furman, Jason. 2022. Wall Street Journal, Jan. 13, 2022. [Four Reasons to Keep Worrying About Inflation.](/file_url/195)
    - Furman, Jason. 2022. "[What the Federal Reserve Should Do Now: An Elaboration](/file_url/192)." *Peterson Institute for International Economics*, November 18, 2021.
    - Furman, Jason. 2022. "[Why Did (Almost) Nobody See it Coming and What Does That Mean for What's Next?](/file_url/194)" Macroeconomics Policy Seminar February 8, 2022.

**Maurice Obstfeld**, Class of 1958 Professor of Economics, UCB, and former Chief Economist IMF (2015–2018).

- Background Material:
    - Obstfeld, Maurice. 2021."[An Uneven Global Rebound Will Challenge Emerging-Market and Developing Economies.](/file_url/184)"
    - Obstfeld, Maurice. 2021.[The international financial system after Covid‐19](/file_url/196)
    - Clavin, Patricia, Giancarlo Corsetti, Maurice Obstfeld, and Adam Tooze. 2022. “[Lessons of Keynes’s Economic Consequences in a Turbulent Century](/file_url/197)" CEPR Discussion Paper DP16610, CE.

**1:00–2:00 p.m.** | Lunch

**2:00–3:30 p.m.** | **Rachel Wellhausen**, Department of Government, University of Texas at Austin. "Investor-State Disputes and the Protection of Foreign Investment"

- Background Material:
    - Moehlecke, Carolina, and Rachel L. Wellhausen. 2022. "[Political Risk and International Investment Law](/file_url/187)." *Annual Review of Political Science*, 1–23.
    - Wellhausen, Rachel L. 2015. "[Chapter 1: Nationality and Leverage in a Globalized World](/file_url/188)." *In The Shield of Nationality: When Governments Break Contracts with Foreign Firms*. Cambridge University Press.
- Additional reading of potential interest:
    - Wellhausen, Rachel L. 2015. "[Chapter 5: Foreign Films and Their Diplomats in Ukraine](/file_url/189)." *In The Shield of Nationality: When Governments Break Contracts with Foreign Firms*. Cambridge University Press.

**3:30–3:45 p.m.** | Coffee Break

**3:45–5:15 p.m.** | **James Robinson**, Harris School, University of Chicago. “Culture, Institutions and Social Equilibria”

- Background Material:
    - Acemoglu, Daron, and James A. Robinson. 2022. "[Culture, Institutions and Social Equilibria: A Framework](/publications/culture-institutions-and-social-equilibria-framework).“ ([Publisher's Version](https://www.nber.org/papers/w28832))

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 Attachments- [  picture\_as\_pdf  program\_peif\_2022\_02.pdf ](/sites/g/files/omnuum8396/files/peif/files/program_peif_2022_02.pdf)
 
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 See also:- [ March 12, 2022 ](/conferences/march-12-2022)