The International Festival of Economics

The city of Turin hosted the second edition of the International Festival of Economics from 1 to 4 June 2023.

Scientific research, informal but rigorous dissemination, pluralism of ideas, autonomy from political and economic influences: these are the components of the International Festival of Economics, directed by Tito Boeri, designed and conceived by Editori Laterza.

The event is organized in collaboration with the Torino Local Committee (TOLC) which brings together local institutions and entities: the Piedmont Region, the Municipality of Turin, Fondazione Compagnia di San Paolo, Fondazione CRT, the University of Turin, Politecnico di Torino, Turin Chamber of Commerce, Industry, Crafts and Agriculture, Unioncamere Piemonte, Turin Industrial Union, Legacoop, coordinated by the Fondazione Collegio Carlo Alberto.

RETHINKING GLOBALIZATION (2023)

Economic nationalism, pandemic and war have not stopped globalization, meant as international trade and exchange within the so-called global value chains. They have certainly slowed it down, but it looks like we are facing an irreversible phenomenon accelerated by technological progress. Today, however, more than ever, we are paying the price of the effects of that sweeping globalization that revolutionized the planet at the end of the last century and at the beginning of the new millennium. “In many countries” says Tito Boeri, the Festival’s scientific director, “globalization has bequeathed distributional tensions that have often resulted in a large-scale expression of populist movements. Also the current geopolitical tensions can be read as consequences of a too-rapid globalization that has strengthened undemocratic autocracies in some countries.”

Economics, politics, and social sciences therefore need to change their approach, as the theme chosen for the 2023 edition of the Festival suggests. “It is necessary,” highlights Boeri, “to graduate its pace, to slow down the speed increased by technological progress, to strengthen multilateral institutions, to reform our social protection systems, to develop new business models that foster vertical integration rather than focusing on the disintegration of production processes.”

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For enquiries about the Festival, please e-mail: comunicazione.tolc@carloalberto.org

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