NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

Globalization in Historical Perspective Conference

May 4-5, 2001

Michael Bordo, Alan Taylor and Jeffrey Williamson, Organizers

Santa Barbara, CA

THURSDAY, MAY 3:

7:30 PM Reception and Welcome Dinner

FRIDAY, MAY 4:

8:30 AM Continental Breakfast

9:00 AM Welcoming Remarks

Session 1: Markets, Distribution, and Development

9:15 AM Commodity Market Integration, 1500 - 2000

RONALD FINDLAY, Columbia University

KEVIN O'ROURKE, Trinity College, Dublin and NBER

Discussant: DOUGLAS IRWIN, Dartmouth College and NBER

10:15 AM Break

10:30 AM Integration of Labor Markets

BARRY CHISWICK, University of Illinois, Chicago

TIMOTHY HATTON, University of Essex

Discussant: RICCARDO FAINI, International Monetary Fund

11:30 AM Integration of Capital Markets

MAURICE OBSTFELD, UC, Berkeley and NBER

ALAN TAYLOR, UC, Davis and NBER

Discussant: RICHARD PORTES, London Business School and NBER

12:30 PM Lunch

2:00 PM Globalization and Convergence

J. BRADFORD DELONG, UC, Berkeley and NBER

STEVEN DOWRICK, Australian National University

Discussant: CHARLES JONES, Stanford University and NBER

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3:00 PM Does Globalization Make the World More Unequal?

PETER LINDERT, UC, Davis

JEFFREY WILLIAMSON, Harvard University and NBER

Does Globalization Make the World More Unequal?

Discussant: LANT PRITCHETT, Harvard University

4:00 PM Break

4:15 PM Globalization and Economic Geography: an Historical Perspective

NICHOLAS CRAFTS, London School of Economics

ANTHONY VENABLES, London School of Economics

Discussant: RICHARD BALDWIN, Graduate Institute of International

Studies, Geneva and NBER

5:15 PM Globalization and Technology

GREGORY CLARK, UC, Davis

ROBERT FEENSTRA, UC, Davis and NBER

Discussant: JOEL MOKYR, Northwestern University

6:15 PM Adjourn

7:30 PM Reception and Dinner

SATURDAY, MAY 5:

8:00 AM Continental Breakfast

Session 2: Institutions, Regimes, and Crises

8:30 AM Financial Systems, Economic Growth, and Globalization

PETER L. ROUSSEAU, Vanderbilt University and NBER

RICHARD E. SYLLA, New York University and NBER

Discussant: CHARLES CALOMIRIS, Columbia University and NBER

9:30 AM Core, Periphery, Exchange Rate Regimes and Globalization

MICHAEL D. BORDO, Rutgers University and NBER

MARC FLANDREAU, Observatoire Francais des Conjonctures Economiques

Discussant: ANNA SCHWARTZ, National Bureau of Economic Research

10:30 AM Break

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10:45 AM The Global Economy in Crises: How the Gold Standard Absorbed Shocks, 1880 - 1914

LARRY NEAL, University of Illinois, Urbana-Champaign

MARC WEIDENMIER, Claremont McKenna College

Discussant: MARK TAYLOR, University of Warwick

11:45 AM Monetary and Financial Reform in Two Eras of Globalization

BARRY EICHENGREEN, UC, Berkeley and NBER

HAROLD JAMES, Princeton University

Discussant: PETER KENEN, Princeton University and NBER

12:45 PM Adjourn (box lunches will be available)

Afternoon Free

4:30 PM Part 3: Round Table, Costs versus Benefits of Globalization

Chair: PETER KENEN, Princeton University and NBER

CLIVE CROOK, The Economist

GERARDO DELLA PAOLERA, Universidad Torcuato di Tella

NIALL FERGUSON, Oxford University

ANNE O. KRUEGER, Stanford University and NBER

RONALD ROGOWSKI, UC, Los Angeles

6:00 PM Adjourn

7:30 PM Reception and Dinner

4/12/01