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Public Lecture

Driving over the peak — or a false summit

Have we reached "peak trade" and is globalisation now facing a downswing? What are the implications for monetary policy? Alan Taylor, External Member of the Monetary Policy Committee at the Bank of England discusses the evolution of world trade, drawing on historical perspectives from the first age of globalisation in the 1800s up to the present.  New headwinds have recently put a brake on global trade. However, as in past trade downturns, these may not persist forever. Looking forward, we still have far to go to exploit the full potential for global integration, as the various limits arising from geography and technology, institutions and policies continue to ebb and flow.

Seminar Room 3-5
Manasseh Meyer Building
Lee Kuan Yew School of Public Policy
469C Bukit Timah Road
Singapore 259772

Wed 14 January 2026
05:15 PM - 06:30 PM

Alan M. Taylor

Alan M. Taylor

MAS Distinguished Term Professor in Economics and Finance and Professor of International and Public Affairs at Columbia University

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David Jacks

David Jacks

J.Y. Pillay Professor of Social Sciences in the Department of Economics at the National University of Singapore

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