Globalization is commonly understood as a long-term trend, an inevitable economic, social and moral evolution. It is (almost) impossible to imagine a return to a less interconnected world. Those that try to stop globalization's surging tide may as well wade out into the sea and command the waves to stop. But what if the tides of globalization both flood and ebb? What if earlier generations also regarded their state of increasing economic, financial, national and cultural interdependence, "as normal, certain, and permanent, except in the direction of further improvement," only to be disappointed? Since 1800 the world has experienced at least six cycles of globalization and de-globalization. The phase transition from expansion to contraction was volatile and destabilizing resulting in both social and financial losses. During de-globalization free trade falls into disrepute and political radicals emerge amidst social upheaval. Common de-globalization events include demonetization and the birth or death of a global monetary order.
CFA Society Cayman Islands is pleased to announce its flagship event, the 6th Annual Cayman Investment Forum. Join us to hear prominent, international speakers sharing their thoughts on globalizations past, present and future.
The Forum will be held on 11 October 2018 at the Ritz-Carlton Hotel. This will be a half-day event, starting with lunch, and will be followed by a networking reception.
Michael Pettis - Global Source Partners
Mr. Pettis is Professor of Finance at Peking University's Guanghua School of Management, where he specializes in the Chinese financial markets. After a corporate career in which he headed a sovereign debt trading desk and an emerging markets capital markets desk, Mr. Pettis retired to teach and write full-time, specializing in research on China's monetary and trade policy and banking and financial markets. He is a frequent contributor to the Financial Times and The Wall Street Journal, as well as to publications such as Foreign Affairs, Foreign Policy and The Far Eastern Economic Review.
Carl J. Riccadonna - Bloomberg
Mr. Riccadonna is the Chief U.S. economist at Bloomberg, where he analyzes macroeconomic developments to better understand the implications for the broader economy and monetary policy. Prior to Bloomberg, Mr. Riccadonna spent 13 years as a markets economist at Deutsche Bank. He started at Deutsche directly from Princeton University, where he studied both mechanical/aerospace engineering and finance. Mr. Riccadonna regularly appears as a guest commentator for Bloomberg TV and radio.
Jeffrey P. Snider, Alhambra Investment Partners
Mr. Snider is Head of Global Investment Research for Alhambra Investment Partners. He is published nationally at Seeking Alpha, RealClear Markets, Zero Hedge, NewsMax and Yahoo! Finance. He has appeared on Real Vision and is a frequent guest on MacroVoices, including Eurodollar University, a multi-hour crash course on what economic textbooks leave out: modern money, shadow banking, and the limitations of central banking.
Marian L. Tupy - The Cato Institute
Mr. Tupy specializes in globalization and global well-being, and the political economy of Europe and sub-Saharan Africa. His articles have been published in the Financial Times, Washington Post, Los Angeles Times, Wall Street Journal, U.S. News and World Report, The Atlantic, Newsweek, The U.K. Spectator, Weekly Standard, Foreign Policy, Reason magazine, and various other outlets. He has worked on the Council on Foreign Relations' Commission on Angola, testified before the U.S. Congress on the economic situation in Zimbabwe, and briefed the Central Intelligence Agency and the State Department on political developments in Central Europe.
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