World Today Discussion Series

The World Today Discussion Series engages students in dialogue in an interactive, engaging and enriching discussion format around current global issues that transcend borders. Student clubs are encouraged to share their ideas on topics and speakers that address the world news today and may include global economic and political topics as well as issues around global security, development, human rights, health, climate change and technology. Through balanced discourse, the series serves as a neutral forum to educate students on global issues while at the same time encourage debate and examination.

Past Discussions

 
Wednesday, February 8, 2017

“Trumponomics: What Do We Know and What Do We Need To Know About President Trump’s Economic Policy?” with Professors and Economists Ed Leamer and Jerry Nickelsburg, moderated by Professor Sebastian Edwards

Will economic policy really change under President Trump? And if so, how will it affect business and investment opportunities? On Wednesday, February 8, another packed room of over 130 students from UCLA Anderson’s full-time, fully employed, executive MBA as well as MFE and PhD programs and UCLA’s MA in Economics program gathered in the Executive Dining Room for a World Today Discussion Series on “Trumponomics.” Professors and Economists Ed Leamer and Jerry Nickelsburg joined CGM faculty director, Professor Sebastian Edwards for a “Davos-style” conversation on the future of the United States and the global economy. During the 75-minute long conversation and audience question time, the speakers addressed issues surrounding tax reform and border tax adjustment, protectionism, immigration, policy towards China, future of NAFTA, and relations with Mexico. Leamer suggested that President Trump should be concerned about U.S. savings and also workforce development and that the workforce these days needs to be innovators and analytical thinkers to compete against robots and gone are the days where rote learning, memorization is sufficient. The speakers also shared their thoughts on President Trump’s abandoning of the Trans-Pacific Partnership and predictions on what would happen to the U.S. dollar and whether a strong dollar was good for the United States. The World Today Discussion Series engages students in dialogue in an interactive, engaging and enriching discussion format around current global issues that transcend borders. Through the series, the CGM engages globally minded students with issues that matter and ideas that stimulate. Through balanced discourse, the series serves as a neutral forum to educate students on global issues while at the same time encourage debate and examination.

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Thursday, January 26, 2017

"India's Currency Reform" with Professors Romain Wacziarg and Bhagwan Chowdhry, moderated by Professor Sebastian Edwards

When India's Prime Minister, Narendra Modi came to power in 2014, he was seen as a disruptive force pledging to overturn the status quo in India. On November 8, Modi was presiding over one of the fastest-growing major economies in the world, when he announced that 85% of Indian currency in circulation would have to be exchanged at banks for new bills not yet printed: 500 and 1,000 rupee bills (worth $8 and $15) would be banned the next morning. Now, two months after the cash ban was initiated, currency shortages remain, demand for services and businesses have dropped and businesses are folding. On Thursday, January 26, a packed room of over one hundred students from UCLA Anderson's full-time, fully employed and executive MBA as well as MFE and PhD programs gathered in the Executive Dining Room for the World Today Discussion Series on "India's Currency Forum" with Bhagwan Chowdhry, Professor of Finance and Romain Wacziarg, Hans Hufschmid Chair in Management. The "Davos-style" conversation, which elicited many thought-provoking questions from students was moderated by Sebastian Edwards, Henry Ford II Chair in International Management and addressed the positive and negative impacts of "India's Currency Reform" and the long term consequences of the measure on one of the fastest growing major economies in the world.In a country, where the informal sector is substantial, cash shortages have produced enormous hardships for families, prompted worries about the economy, and placed Modi's own political future at risk. Despite this, the move seems to remain popular, according to polls, and the prospect of moving more transactions toward a digital medium holds the promise of more transparent and efficient economy. The discussion touched on questions around whether Modi will live up to his promise to be a reformer of India's economy? Does the cash ban have the potential to transform India? Will such a move pave the way for other measures intended to restructure the economy? Will the pain stemming from the ban, be for the long-term good of the poor and powerless? Will Modi continue to command the political narrative and support of the country? Will India's demonetization pay off long-term by promoting digital payment systems that increase efficiency and transparency? Now Venezuela is following India, will other nations follow? The World Today Discussion Series engages students in dialogue in an interactive, engaging and enriching discussion format around current global issues that transcend borders. Through the series, the CGM engages globally minded students with issues that matter and ideas that stimulate. Through balanced discourse, the series serves as a neutral forum to educate students on global issues while at the same time encourage debate and examination.

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Wednesday, May 11, 2016

"The Impact of Brexit on Europe and the World Economy" with Josef Joffe

A referendum on Great Britain's membership of the European Union will be held on June 23, 2016. Britain could deal a damaging blow to the fragile global economy if it votes on June 23 to leave the European Union, the International Monetary Fund said in the sharpest warning yet from a global body about the risks associated with Brexit. On Wednesday, May 11, during the lunch hour, a room of very engaged and attentive full-time, fully employed and executive MBA students gathered in the Executive Dining Room for the World Today Discussion Series on "The Impact of Brexit on Europe and the World Economy" with Dr. Josef Joffe, editor of the German weekly Die Ziet and Senior Fellow at the Freeman Spogli Institute for International Studies at Stanford University. Professor Sebastian Edwards, Henry Ford II Chair in International Management moderated a lively conversation around the topic. The conversation elicited many interesting questions including the impact that Brexit would have on stock markets, currencies and trade. The conversation also addressed how Germany and France might react if the country votes to leave the EU, how Brexit would deal a heavy blow to Europe and the impact Brexit would have on disuniting and weakening the EU. The World Today Discussion Series engages students in dialogue in an interactive, engaging and enriching discussion format around current global issues that transcend borders. Through the series, the CGM engages globally minded students with issues that matter and ideas that stimulate. Through balanced discourse, the series serves as a neutral forum to educate students on global issues while at the same time encourage debate and examination. 

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Tuesday, February 3, 2015

"Global Competition and Minimum Wages" with Distinguished Professors Ed Leamer and Sebastian Edwards

A packed room of engaged full-time, fully employed and executive MBA students gathered in the Executive Dining Room for the inaugural World Today Discussion Series on “Global Competition and Minimum Wages” with Distinguished Professors of Global Economics and Management, Ed Leamer and Sebastian Edwards.

The conversation that touched upon conceptual frameworks for thinking about the minimum wage, supply and demand factors and how it might attract workers but deter business, elicited many interesting questions around issues of who has the market power, is minimum wage a short run cure and what is the impact of currency fluctuations on the discussion? The World Today Discussion Series is a collaboration between the Center for Global Management and the UCLA Anderson Forecast. This lunchtime series engages students in interactive and enriching discussion around current global issues that transcend borders. Through balanced discourse, the series serves as a neutral forum to educate students on global issues while at the same time encourage debate and examination.

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