There has been a strong political backlash against globalisation, in the context of economic problems such as rising income inequality, high unemployment, budget deficits, and many other issues. A whole generation seems to have missed out on economic dividends, and there are increasing numbers of ‘working poor’ (in the Developed world). There has been a push toward thinking more long-term thinking and the need to reform our approach, given the drastic changes brought by technological progress and the robotics revolution. What are the current rules of the game and how might we need to rethink these rules, including on regulation, theory of the firm, and the current model of shareholder value? 

A panel discussion with:

• Ms Geraldine Buckingham, Global Head of Corporate Strategy, Blackrock
• Mr Koushik Chatterjee, Group Executive Director, Tata Steel
• Ms Hu Shuli, Editor-in-Chief, Caixin Media
• Professor Karthik Ramanna, Blavatnik School of Government (Chair)

This discussion is part of the Challenges of Government Conference 2017 at the Blavatnik School of Government, University of Oxford.

Politics across the world is in tumult. A new populism has emerged from both left and right. Globalisation is under attack. Across every continent, electorates have lost patience with the establishment elites who have traditionally run countries and international institutions. The ‘left behind’ are stepping forward. This year, the Blavatnik School of Government’s annual Challenges of Government Conference focuses on this revolution: the  breakdown in trust, the reasons behind it, and what an effective response might look like. Those taking part include global leaders and practitioners who are striving daily to address the crisis, as well as leading academics who will set out their latest cutting-edge ideas.