Past event


What the Return of 19th Century Economics Means for 21st Century Geopolitics

Chatham House, London

Event documents

Transcript - Adam Posen
pdf | 208.08 KB
Transcript - Adam Posen Q&A
pdf | 190.52 KB


Dr Adam Posen, Senior Fellow, Peterson Institute for International Economics and External Member, Monetary Policy Committee, Bank of England
Chair: Dr DeAnne Julius, Chairman, Chatham House


The speaker will argue that the global monetary and financial systems are returning to what he has named 'the old normal' – a world of greater real economic volatility, recurrent financial panics, riskier savings and deflation risks. Drawing a parallel with the 19th century, he characterises the current landscape as one without a clear economic hegemony. Dr Posen will explore the implications of these developments for international relations.