Globalization in Retreat: The End of an Era?

Private Reception with Yale Professor Penny Goldberg, Chief Economist of World Bank Group. Wharton Club Members & Guests invited.


  • The Yale Club of Washington invites you to a private reception and discussion featuring Yale Professor Pinelopi “Penny” Koujianou Goldberg,World Bank Chief Economist. The topic of discussion will be the retreat of globalization.





The hyperglobalization of the 1990s and 2000s has been followed by a backlash against trade and immigration. As our featured speaker, Penny Goldberg will discuss causes and implications of this backlash and will argue that we may be at the beginning of a new era, characterized by the “closing of the border.” Whether this closing materializes depends on the policy choices we make.

About the Reception

  • Heavy hors-d'oeuvres with wine, beer, soda, and water

About the Speaker

  • Pinelopi “Penny” Koujianou Goldberg is the Chief Economist of the World Bank Group. In this position, she aims to strengthen the institution’s connection to state-of-the-art academic research and help shape a vision of how to achieve the World Bank Group’s goals of sustainable growth, shared prosperity, and a world free of extreme poverty.
  • Goldberg brings decades of experience as an applied microeconomist drawn to policy-relevant questions in trade and development. She has exploited a broad set of methodological approaches — ranging from estimation of structural industry equilibrium models typical of the Industrial Organization literature to reduced form techniques — to provide insights into such diverse topics as the determinants and effects of trade policies, trade and inequality, intellectual property rights protection in developing countries, exchange rate passthrough, pricing to market, and international price discrimination.
  • She is President-Elect of the Econometric Society (for 2021) and has previously served as Vice President of the American Economic Association. From 2011–2017 she was Editor-in-Chief of the American Economic Review. She is a member of both the National Academy of Sciences and the American Academy of Arts and Sciences, a recipient of both Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a research associate at the National Bureau of Economics Research (NBER, currently on leave) and board member of the Bureau of Research and Economic Analysis of Development (BREAD).
  • Goldberg is on public service leave from Yale University, where she is the Elihu Professor of Economics.
  • She holds a Ph.D in Economics from Stanford University and a Diploma in Economics from the University of Freiburg, Germany.

About the Location

  • The Evening Star Building is listed in the National Register as a Historic Landmark. The building was originally constructed in 1898 in order to house the offices for the Evening Star newspaper. The event will take place on the 8th floor at the Airbus Experience Center. Thank you to Airbus for being a corporate sponsor and allowing the Yale Club to use their beautiful space for our events. 


  • Members: 30/person, inclusive. All guests: 45/person (These are same rates as Yale Club Members & their guests are paying for what promises to be a stimulating evening).

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