The Future of Global Capitalism and Turkey – October 10, 2008



ERF has organized a conference entitled “The Future of Global Capitalism and Turkey”, on October 10, 2008.
The keynote speech of the conference is delivered by Professor Jeffry Frieden from Harvard University, Department of Government. In his speech, Professor Frieden drew on his book “Global Capitalism: Its Fall and Rise in the Twentieth Century”, and his recent article “Will Global Capitalism Fall Again?” to highlight and discuss the lessons from history.
The similarities between the first wave of globalisation (that ended on 1914) and the current one is widely accepted among the historians and the economists. Jeffry Frieden, in his article, focuses on why the pre-1914 world could not be rebuild in spite of several attempts, and why it was ultimately replaced by a system based on a very different set of rules, those of Bretton Woods. Frieden, goes beyond offering a reminder of the tensions valid in a world of global economics and national economy, and he draws lessons for today. To make global economic integration politically sustainable, Frieden suggests working simultaneously at the global and national levels.
The panel discussion session following Professor Frieden’s speech is chaired by ERF Director Kamil Yılmaz. In this session, Yapi Kredi Chief Economist and Koç University Faculty Cevdet Akçay, The Conference Board Chief Economist Bart Van Ark and Koç University Faculty Professor Ziya Öniş discussed the current financial crisis and its potential implications for Turkey, as well as drawing lessons from Professor Frieden’s presentation.
Conference Program and the Presentations:

Frieden, Jeffry. “Will Global Capitalism Fall Again?”  Presentation for BRUEGEL’s Essay and Lecture Series. Brussels, June 2006.

Öniş, Ziya and İsmail Emre Bayram. Temporary Star or Emerging Tiger? Turkey’s Recent Economic Performance in a Global Setting, ERF Working Paper Series, No. 0805.

TÜSİAD-KOÇ UNIVERSITY
ECONOMIC RESEARCH FORUM
CONFERENCE

“THE FUTURE OF GLOBAL CAPITALISM AND TURKEY”

 

October 10, 2008, Friday
The Marmara Hotel, Ball Room 

TRANSCRIPTS (Original)


09:00-09:15    Registration 

09:15-09:45   Opening Remarks

Arzuhan Doğan Yalçındağ – Chairman, TÜSİAD Board of Directors

Attila Aşkar – President, Koç University 

09:45-10:30    Keynote Speech:   “Will Global Capitalism Fall Again?”

Jeffry Frieden – Harvard University 

10:30-10:45   Q & A

10:45-11:00    Coffee Break 

11:00-12:15    Panel

Chairman: 

Kamil Yılmaz – Director, Economic Research Forum 

Speakers:

Cevdet Akçay – Yapı Kredi and Koç University  

Bart Van Ark – The Conference Board, New York  

Ziya Öniş – Koç University 

12:15-12:30   Q & A