Published on February 20, 2023–Updated on March 4, 2024
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Guest Lecture: Filippo Boeri
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Natural disasters, automation and reshoring dynamics
Filippo Boeri is currently Fellow-in-Residence at CY AS, invited by ESSEC Business School, and a Fellow in Economics and Geography at the London School of Economics.
During the golden age of globalisation, the offshoring of manufacturing activities reshaped the world’s economic geography and deeply changed the production process of most tradable goods. However, since the financial crisis, the global economy has entered a new phase, characterised by stagnation of trade and foreign direct investment. Over the last few years, media and political movements in different countries have spread the idea that globalisation processes can be reversed, and that by doing so manufacturing jobs can be brought back home. Despite the significant anecdotal evince, empirical studies have found only a limited effect of reshoring dynamics on home economies. Moreover, foreign low-skilled manufacturing jobs could simply be replaced by domestic automation, with no relevant job creation.
In this lecture I will present new evidence on the propagation of idiosyncratic shocks across regions and industries trough international ownership networks, and discuss how exogenous divestment decisions lead to changes in firm skill composition and foster technological upgrade.
Date: 18th April 2023 from 12:30 to 14:00
The hybrid guest lecture is organised in person at the Auditorium of MIR in Neuville-sur-Oise and remotely on Zoom.
To attend the remote guest lecture, please connect to Zoom: https://cyu-fr.zoom.us/j/95153713494