Past Events
Building the Future: A New Era of Industrial Policy
February 20-21, 2025. Princeton University. Hosted by the Julius-Rabinowitz Center for Public Policy and Finance (JRCPPF).
The 14th annual meeting of the JRCPPF Conference explored the resurgence of industrial policy in the last decade in response to global challenges like the climate crisis, geopolitical tensions, and supply chain issues. The goals of new industrial policy include assuring a competitive supply of products and technologies, strategically positioning domestic firms in the development of next-generation technologies, addressing market failures, and promoting growth in selected industries. There were three main sessions: China’s industrial policy in the 21st Century; Industrial policy and macro-development; CHIPS, IRA, and new industrial policy in the USA.
Joseph E. Stiglitz (IPD; Columbia University) delivered the keynote address, moderated by Pascaline Dupas, Professor of Economics and Public Affairs at Princeton University.
The Establishment of the Commission of Experts for the Jubilee Report on Addressing the Debt and Development Crises
February 21, 2025. Columbia University, New York. Hosted by Initiative for Policy Dialogue (IPD) and the Pontifical Academy of Sciences (PASS).
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2025 is the Year of the Jubilee, a once every 25-year occasion during which the Church emphasizes its calls for justice. Pope Francis has emphasized debt as a central priority for this Jubilee, recognizing that the current financial architecture is inadequate for addressing these mounting challenges and urgently requires global reforms. At the conference on sovereign debt co-organized by PASS and IPD in June 2024, Pope Francis called for an international mechanism for sovereign debt restructuring, and encouraged financial leaders to “follow an international code of conduct with ethical standards that can guide dialogue between parties.” That conference led to experts on sovereign debt producing several key policy recommendations. Building on that previous collaboration, IPD and PASS have established a Commission of Experts that will write a Jubilee Report on addressing debt and development crises in developing countries. Led by Joseph E. Stiglitz, these high-level policy experts on debt crises in developing countries from academia, civil society, and religious communities will develop and propose reforms that would help those burdened today by unsustainable debts. Last month, at Columbia University, Commissioners met to discuss their priorities for reform, which will inform the report that they will ultimately write and present later this spring to Pope Francis at the Vatican. During a lively discussion, Commissioners focused on the critical reforms that can be made to the global financial architecture to ensure investment in education, health, climate adaptation, and other necessary public goods. |
The Columbia AI Summit
March 4, 2025. Columbia University, New York. Organized by Columbia AI of Columbia Engineering.
Experts from across Columbia University and around the world gathered at this summit to discuss the progress, deployment, and social impact of AI systems. Provost Angela V. Olinto delivered welcoming remarks.
As part of the summit, Columbia’s faculty from policy, philosophy, law, and history gathered for a panel discussion, titled “Will Machines Have Free Will? Shaping the Future of AI,” to examine the technical, ethical, and societal implications of AI. Moderated by Camille Francois (Columbia School of International Affairs), the panel featured Joseph E. Stiglitz (Columbia Business School, Graduate School of Arts and Sciences, and School of International and Public Affairs), Clare Huntington (Columbia Law School), Rachel Cummings (Columbia Engineering), and Gil Eyal (the Graduate School of Arts and Sciences).
You can watch the panel here.
Green Industrial Policy and Global Economic Governance Workshop
March 5-6, 2025. Boston University. Organized by Global Development Policy Center (GDPC) at Boston University and the Open Society Foundations (OSF) Economic and Climate Opportunity.
There has been a recent surge in policy discussions and experimentation with green policy. These policies take different forms in different countries across the Global South depending on the structure of their economies and their exposure to climate change. All of these countries all must contend with a global financial architecture that is biased against the Global South and toward powerful political and carbon-intensive activity in the South in particular.
GDPC and OSF convened a select group of policymakers, experts, and staff to examine the international policy dimensions of green industrial policy and just transition pathways in the Global South. This conference was held under Chatham House rules and had three main objectives: Identify Enabling Global Policies; Examine Political Economy; Generate a Policy Framework and Agenda for Action.
Martín Guzmán (IPD; Columbia University), Dauda Sembene (Africatalyst); Daniel Titelman (United Nations Commission for Latin America and the Caribbean); Marcos Chiliatto (World Bank) presented during the session “Green Industrial Policy and the International Financial Architecture.” The discussion was moderated by Marilou Uy (BU Global Development Center).
The Interconnection of Latin American Policy Challenges
March 7, 2025. Columbia University, New York. Hosted by Institute of Latin American Studies, Columbia University.
Recent Publications, Op-Eds and Papers
Recent publications by IPD team members and partners.
| The 15th Annual Kenneth J. Arrow Lecture
March 10, 2025. Columbia University, New York. Hosted by Columbia Economics, Institute of Global Politics, and Center for Political Economy. For this year’s Kenneth J. Arrow lecture, Susan Athey (Stanford University) delivered the lecture on the theme “Using Machine Learning and Digital Technology to Identify Challenges and Improve Outcomes for Labor Market Transitions.” The talk reviewed several recent papers that focus on the labor market transitions. These papers analyzed worker resilience to layoffs due to machine learning as well as projects that create, implement, and evaluate digital interventions to help workers transition to information technology and data science. Michael Woodford (Columbia University) delivered introductory remarks, and discussants were Bentley MacLeod (Columbia University), Suresh Naidu (Columbia University, SIPA), Joseph E. Stiglitz.
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Select Recent Media Appearances
How New York Can Help End the Global Debt Crisis: An Interview with Joseph Stiglitz and Martín Guzmán by Ed Morales for The Nation
Joseph E. Stiglitz on the Forecast Direct podcast from UCLA Anderson School of Management
Martín Guzmán on Argentina and the IMF with Reynaldo Sietecase on Radio con Vos
Martín Guzmán on Argentina and the IMF on C5N with Alejandro Bervovich
Trump policies make US ‘scary place to invest’ and risk stagflation, says Stiglitz by Heather Stewart for The Guardian
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Equity Prices, Market Power, and Optimal Corporate Tax Policy by Ignacio Gonzales, Juan A. Montecino, and Joseph E. Stiglitz in NBER (Working Paper) Allowing foreign firms to sue governments for lost profits is legal terrorism — it must end by Joseph E. Stiglitz for The Guardian Europe’s Powerful Tool Against Russia by Andrew Kosenko and Joseph E. Stiglitz for Project Syndicate |
The Journal of Globalization and Development (JGD)
The Journal of Globalization and Development (JGD) publishes academic research and policy analysis on globalization, development, and in particular the complex interactions between them.
Editors: Kevin Gallagher, Professor, Boston University Pardee School of Global Studies; Director, Boston University Global Development Policy Center and Jeronim Capaldo, Senior Economist, United Nations Conference on Trade and Development (UNCTAD); Senior Scholar, Global Development Policy Center, Boston University (BU).
Managing Editor: Gabriela Plump, Director, Initiative for Policy Dialogue (IPD), Columbia University.
The Journal of Globalization and Development Volume 15 Issue 2
Special Issue on Climate Change and Development
Guest Editors: Aasheerwad Dwivedi & Abede Shimeles
- An Analysis of the IMF’s International Carbon Price Floor by Xiaobei He, Fan Zhai, and Jun Ma
- India’s Energy and Fiscal Transition by Laveesh Bhandari and Aasheerwad Dwivedi
- Macroeconomic and Fiscal Consequences of Climate Change in Latin America and the Caribbean by Daniel Titelman, Michael Hanni, and Noel Pérez Benítez
Symposia Articles
- Sovereign Debt and Climate Change in Argentina – The Catalytic Role of the IMF by Juan Pablo Bohoslavsky and Francisco Cantamutto
- Climate Change Risks and Consequences on Growth and Debt-Sustainability in Africa by John Asafu-Adjaye, Njuguna Ndung’u, and Abebe Shimeles
Policy Analysis
- Gaps and Fiscal Adjustment for Debt Stability in Climate-Vulnerable Developing Countries: How Large and by How Much?
- Toby Melissa Monsod, Justin Matibag Muyot, Maria Socorro Gochoco-Bautista
These papers are available online via open access.
For more information or to submit a paper to JGD, click here.
The Journal of Globalization and Development Volume 15 Issue 1
Reforming the IMF Surcharge Rate Policy to Avoid Procyclical Lending by Kevin Gallagher, Martin Guzman, Joseph Stiglitz, Marilou Uy
Grassroots Organizations and Women’s Empowerment in a Post-Conflict Region: Evidence from Women Organizations in Northern Uganda by Lupe Davidson, Firat Demir, and John Harris
Income Inequality and External Wealth of Nations by Jorge Carrera, Gabriel Montes-Rojas, Demian Panigo, Fernando Toledo
Analyzing the Impact of Informal Labor Sector Regulation in the Context of International Trade: A Theoretical Approach by Yezid Hernández-Luna
For more information or to submit a paper to JGD, click here.