Bundesbank Lecture: Geoeconomics by Matteo Maggiori (Stanford University)

We are delighted to have Matteo Maggiori from Stanford University as this year's Bundesbank lecturer. 

Short CV
Matteo Maggiori is the Moghadam Family Professor of Finance at the Stanford Graduate School of Business, a Faculty Research Fellow at the National Bureau of Economic Research, and a Research Fellow at the Centre for Economic Policy Research. His research lies at the intersection of international macroeconomics and finance, with topics ranging from exchange rates under imperfect markets, capital flows, reserve currencies, and tax havens to very long-run discount rates, climate change, and geoeconomics. His work combines theory and data with the aim of informing international economic policy.

Abstract
Geoeconomics examines how states leverage financial and trade relationships to achieve geopolitical and economic goals. From Renaissance banking and the Marshall Plan to China’s Belt and Road Initiative and recentU.S. financial sanctions, the use of economic hegemony has a long history. Yet key questions remain: How effective is geoeconomic power? Which sectors are strategic? Is geoeconomic power a zero-sum game, or can it generate global gains?In this lecture, Professor Maggiori will present a new framework for geoeconomics that combines economic modeling—using a sufficient statistics approach to measure power—with an artificial intelligence approach to analyze large-scale text data. He will explore the origins and mechanisms of geoeconomic power, its implications for economic security, and the challenges posed by hegemonic states in shaping international organizations and global interdependence.

Zoom link
https://tu-dresden.zoom-x.de/j/65664991016?pwd=adZIrSElm5bkp7NIDPNcq2rgqSEgQo.1