2nd Session: Global Networks, Monetary Policy and Trade, presented by Şebnem Kalemli-Özcan, Brown University, discussed by Ippei Fujiwara, Keio University/The University of Tokyo, at the 2026 BOJ-IMES Conference on May 27, 2026. Conference program is available on the IMES website: https://www.imes.boj.or.jp/en/conference/2026confsppa.html