Joint NUS Business School-Finance Department & ABFER Industry Outreach Dialogue with
Wee Cho Yaw Visiting Fellow Professor Andrew K. Rose
Trump & Trade
President Trump has launched trade wars with both traditional American allies (such as Canada, Japan, and the European Union) as well American competitors (China). In this talk, Professor Rose will first review what traditional economists think about trade policy and why. He will review the case for protectionism, regional trade agreements, and a rules-based international system with a special focus on current American trade policy and trade deficits. He will then present new research which links “soft power” to exports. President Trump provokes quantifiable dismay in American trading partners, and this in turn lowers American exports; he will document and estimate this effect.
B.T. Rocca Jr. Professor of International Business in the Economic Analysis and Policy Group, Haas School of Business at the University of California, Berkeley, Exco Member and Senior Fellow of ABFER
Dean, NUS Business School and Stephen Riady Distinguished Professor; President of ABFER
Professor Andrew K. Rose
Professor of Economics Analysis and Policy; B.T. Rocca Jr. Professor of International Business and Trade; Haas School of Business; University of California, Berkeley; Exco Member & Senior Fellow, Asian Bureau of Finance and Economic Research (ABFER)
Andrew K. Rose is the B.T. Rocca Jr. Professor of International Business in the Economic Analysis and Policy Group, Haas School of Business at the University of California, Berkeley. He is also a Research Associate of the National Bureau of Economic Research (based in Cambridge, MA), a Research Fellow of the Centre for Economic Policy Research (based in London, England), and a Senior Fellow of the Asian Bureau of Finance and Economic Research (based in Singapore). He received his Ph.D. from the Massachusetts Institute of Technology, his M.Phil. from Nuffield College, University of Oxford, and his B.A. from Trinity College, University of Toronto.
Rose has published over one hundred and fifty papers and over ninety articles in refereed economics journals, including the American Economic Review, the Quarterly Journal of Economics, the Review of Economic Studies, and the Journal of Finance. His research addresses issues in international trade, finance, and macroeconomics, and has received more than 40,000 citations. His teaching is in the areas of international macroeconomics; he has won two teaching awards.
Rose served as Associate Dean for Academic Affairs and Chair of the Faculty 2010-2016, and was the managing editor of The Journal of International Economics 1995-2001. He was the founding director of the Clausen Center for International Business and Policy at Haas and the Risk Management Institute at the National University of Singapore. He has organized over fifty academic conferences.
Rose is interested in the theory and practice of economic policy, and most of his work is applied and driven by "real world" international phenomena. A citizen of three countries, he has worked on six continents and at a number of international economic agencies, including: the International Monetary Fund, the World Bank, and the Asian Development Bank. He has also worked at a number of national agencies, including: the US Department of Treasury, HM Treasury (UK), the Canadian Department of Finance; and the central banks of: Australia, Barbados, Canada, England, Europe, Hong Kong, Israel, Italy, Japan, Netherlands, New Zealand, Singapore, Spain, and the United States. He has visited a number of other universities, including Cape Town, EUI, FUB, INSEAD, London School of Economics, Melbourne, NUS, Princeton, SHUFE, SMU, Stockholm, Tel Aviv, Tsinghua, ULB, and Victoria.
Professor Bernard Yeung (Moderator)
Dean and Stephen Riady Distinguished Professor in Finance and Strategic Management, National University of Singapore
President, Asian Bureau of Finance and Economic Research (ABFER)
Bernard Yeung is the Dean and Stephen Riady Distinguished Professor in Finance and Strategic Management and President of the Asian Bureau of Finance and Economic Research at National University of Singapore (NUS) Business School. Before joining NUS in June 2008, he was the Abraham Krasnoff Professor in Global Business, Economics, and Management at New York University (NYU) Stern School of Business. He has also served as the Director of the NYU China House, the honorary co-chair of the Strategy Department of the Peking University Guanghua School of Management. From 1988 to 1999, he taught at the University of Michigan and at the University of Alberta from 1983 to 1988.
Professor Yeung has published widely in academic journals covering topics in Finance, Economics, and Strategy; his writing also appears in top-tier media publications such as The Financial Times, Economist, and The Wall Street Journal.
He won the Irwin Outstanding Educator Award (2013) from the Business Policy and Strategy (BPS) division of the Academy of Management, and is an elected Fellow of the Academy of International Business.
Professor Yeung was a member of the Economic Strategies Committee in Singapore (2009), a member of the Financial Research Council of the Monetary Authority of Singapore (2010 -2013), and is a member of the Social Science Research Council (SSRC) in Singapore (2016-2018).
Professor Yeung is the President of Asian Bureau of Finance and Economics Research since 2014. He is also the Honorary Dean of the newly established Mapletree Training and Development Centre and the Business School of Global Commercial newspaper Union since 2017. Professor Yeung also serves as an independent Non-executive Director of the Bank of China (BOC) Aviation Limited since 2016.
Professor Yeung sits on the 3rd Advisory Board of the Antai College of Economics and Management at Shanghai Jiao Tong University, the Advisory Council of the Economics and Management School of Wuhan University, and the Advisory Committee of the Institute of Economics, Academia Sinica.
Professor Yeung received his Bachelor of Arts in Economics and Mathematics from the University of Western Ontario and his MBA and PhD degrees from the Graduate School of Business at the University of Chicago.