Economic Decoupling and the Ukraine Conflict
HEC International Offices are delighted to invite you:
Economic Decoupling and the Ukraine Conflict
With Jeremy Ghez, Associate Professor of Economics and International Affairs at HEC PARIS
Thursday 14th April - 7pm (CN), 12pm (UK/Abidjan), 1pm (FR), 8pm (JP), 7am (NY)
If great powers decided to increasingly rely on independent supply chains and increasingly different norms and standards, economic integration and interdependence would no longer characterize globalization the way they have for the past three decades. This scenario of economic decoupling, which a recent HEC Paris and American Chamber of Commerce in Paris White Paper has described, would have a wide range of implications in the way businesses operate, grow and strategize.
The ongoing conflict in Ukraine could accelerate this process by increasing distrust among great powers who may seek to shield themselves from each other’s actions, sanctions and retaliations. French President Emmanuel Macron’s stated objective of making the European Union more independent when it comes to energy, food and security is a perfect illustration of this. Similar strategies in China and in the United States suggest this could become our new reality.
In this talk, we’ll explore the drivers of economic decoupling and consider the extent to which the war in Ukraine may be increasing the prospects of a fragmented globalization.
About Jeremy Ghez:
Dr. Jeremy Ghez is associate professor of Economics and International Affairs at HEC Paris. He is the scientific director of the school’s master program in Sustainability and Social Innovation as well as the academic director of the HEC Paris Center for Geopolitics. His research and teaching focuses on populism, the global business environment, strategic foresight, tech giants, as well as on US and European politics. Previously, he was an assistant policy analyst and a research fellow at the RAND Corporation and at RAND Europe.
In 2016, he received an award for his case study on “The Economics of Amazon.” In 2019, he was named one of the world’s 40 best under-40 MBA professors by Poets and Quants. He has appeared on Bloomberg and France 24, as well as on various French media. |