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Exile economics – what happens when globalisation fails [1]

['London School Of Economics', 'Political Science', 'Ben Chu', 'Professor Richard Davies']

Date: 2025-07

Join us for this conversation between journalist and author Ben Chu and LSE's Richard Davies about Ben's new book Exile Economics: What Happens if Globalisation Fails.

In Exile Economics Ben Chu argues that nations are turning away from each other. Faith in globalisation has been fatally undermined by the pandemic, the energy crisis, surging trade frictions and swelling great power rivalry. A new vision is vying to replace what we’ve known for many decades. This vision – what Ben calls exile economics - entails a rejection of interdependence, a downgrading of multilateral collaboration and a striving for greater national self-sufficiency. The supporters of this new order argue it will establish genuine security, prosperity and peace. But is this promise achievable? Or a seductive delusion?

Meet our speaker and chair

Ben Chu (@BenChu_) is Policy and Analysis Correspondent at BBC Verify. Previously he was the Economics Editor of BBC Newsnight. Ben was nominated for business journalist of the year at the 2015 British Journalism Awards and for business commentator of the year at the 2018 Comment Awards. He sits on the international advisory board of the Sheffield Political Economy Research Institute (SPERI). He is also a member of the Society of Professional Economists. A Q&A with Ben about his new book is available in the LSE Review of Books.

Richard Davies is an economist and author. He teaches courses on economics and data science in the School of Public Policy at LSE. Richard is the Director of the UK’s Economics Observatory and the LSE’s Growth Co-Lab, a joint project with Harvard University providing advice to governments on inclusive growth. He is the author of Extreme Economies, and Making Sense of the Modern Economy.

Hashtag for this event: #LSEEvents

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[1] Url: https://theconversation.com/uk/events/exile-economics-what-happens-when-globalisation-fails-14811

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