Did too much faith in free markets undo globalization?
That’s the question at the center of a new white paper by Stewart Paterson, a Research Fellow at the Hinrich Foundation, offers a thought-provoking exploration of the forces that are upending global trade dynamics. In a talk with the Association of Foreign Press Correspondents (AFPC-USA), Paterson delves into critical questions that challenge traditional trade theories. By examining the impact of China's state-led capitalism and the resurgence of mercantilism, he provides valuable insights into the changing dynamics of the global economy. Participants in this program will gain a deeper understanding of how shifting power dynamics and policy responses are reshaping the global trade order.
The discussion, which will be moderated by journalist Patrícia Vasconcellos, promises to be an illuminating journey into the complexities of today's global trade environment, offering a fresh perspective on the future of international commerce.
ONLINE | OCTOBER 31 (TUESDAY), 2023 at 10 AM EDT
Stewart Paterson
Stewart Paterson spent 25 years in capital markets as an equity researcher, strategist and fund manager. He has worked in London, Mumbai, Hong Kong and Singapore in senior roles with Credit Suisse, Credit Suisse First Boston, CLSA and more recently, as a Partner and Portfolio Manager of Tiburon Partners LLP. Having started his career with Hill Samuel in London in 1991, he has covered the full spectrum of global markets equity strategy, developed market equities and emerging market equities, and has seen firsthand the economic impact of China’s integration into the global financial system. In 2007, he co-founded Riley Paterson Investment Management in Singapore, where he ran a macro-driven hedge fund that exploited the anomalies in capital markets being created by globalization and the existing monetary order. Stewart has a deep interest in assisting readers to understand the impact of macroeconomics on trade, geopolitics and prosperity. Using his 30 years of professional experience in global capital markets from a front row seat during the Asia economic miracle, the emergence of China, the Asian Financial Crisis, the Tech Bubble, and the Global Financial Crisis, he aims to provide practical insights into the historical and potential impacts of past and current macroeconomic events and policies. He holds an M.A. (Hons.) degree in Economics from the University of Aberdeen.
Patricia Vasconcellos
This program will be moderated by Patricia Vasconcellos, the US correspondent for Brazilian TV network SBT. Patrícia began her career as an anchor in 2001 before joining SBT in 2008. As a Latin American correspondent, she covered South and Central America for six years. Now based in Washington DC, Patrícia covers the White House, American politics, the economy, and current affairs. Her documentary about the 2020 BLM protests and police response, “Curfew in NYC,” received multiple awards, including best short film from New York Film Awards and best director for short films from New York International Film Awards. Patrícia is a jury member of the New York Movie Awards 2022 and served as a Grand Jury member for the New York Festivals TV & Film Awards 2022. In 2021 she won the Professional Excellence Prize Award from the Association of Foreign Press Correspondents in the U.S. Patrícia is a recipient of the Chevening Award, a scholarship funded by the British Foreign and Commonwealth Office to outstanding emerging leaders from all over the world. She gained her Master’s in TV Journalism from the University of London.