Global trade talks: Doha is doable this year

Richard Baldwin, 28 January 2011

a

A

Incredible but true – the Doha Round is likely to conclude this year. The WTO’s current episode of global trade negotiations (a.k.a. the Doha Round) have careened between retrenchments, setbacks, and failures since their launch in November 2001 (Bluestone 2009). The reasons for the long delay are complex, but they never included irreconcilable differences.

Topics: International trade
Tags: Doha Round, WTO

Preferential trade

Marco Fugazza, Alessandro Nicita, 15 December 2010

a

A

The multilateral trading system of the GATT and WTO is rapidly being replaced by a system dominated by preferential trade agreements. Since the conclusion of the Uruguay round in 1994, more than 300 new preferential trade agreements have been implemented.

Topics: International trade
Tags: GATT, preferential trade agreements, WTO

The G20 mandate on fixing trade finance for low-income nations

Marc Auboin, 25 November 2010

a

A

Over the last year, a number of papers and studies have highlighted the impact of the global crisis on the availability of trade finance in global markets, and its spill-over effect on trade (Weinstein and Amiti 2009, Baldwin 2009).

Topics: Global crisis, International trade
Tags: G20, Trade finance, WTO

Lessons in regionalism: What can the WTO teach the IMF?

Kati Suominen, 3 November 2010

a

A

The epicentre of financial regionalism is Asia. Emerging East Asian economies, scarred by the IMF’s policy conditionalities during the 1997-98 regional financial crisis, are busily building national reserves and regional financial arrangements so as to wean themselves off the Fund’s influence.

Topics: Global economy, International finance
Tags: global economy, IMF, international finance, regionalism, WTO

Ensuring globalisation after the great crisis

Gary Clyde Hufbauer, Kati Suominen, 13 October 2010

a

A

In statistical terms, globalisation is back. The trade rebound looks V-shaped – a drop of 12.2% in 2009 followed by a projected gain of 13.5% in 2010 (WTO 2010). Global foreign direct investment (FDI) is expected to recover to $1.2 trillion this year, after plunging from $2.0 trillion in 2007 to $1.0 trillion in 2009 (UNCTAD 2010).

Topics: Global economy, International trade
Tags: Doha, FDI, global imbalances, globalisation, Social security, WTO

Remake trade through a US-EU trade partnership

Susan Ariel Aaronson, 1 October 2010

a

A

Americans may be from Venus, and Europeans from Mars; we clearly have different views about the role of government in the domestic and global economy. But Americans and Europeans have long collaborated to expand trade, enhance human welfare, and encourage employment.

Topics: EU policies, International trade
Tags: EU, trade policy, WTO

A future agenda for EU trade policy as if the real world really mattered

Simon J Evenett, 25 September 2010

a

A

The 27 member states of the European Union pool their sovereignty on commercial policy matters, with the European Commission negotiating on their behalf. This institutional arrangement – representing over 10 trillion US dollars of spending power per annum and several trillion dollars of overseas investments – should confer upon EU negotiators substantial clout.

Topics: EU policies, International trade
Tags: EU, trade policy, WTO

Tilting the playing field: FTAs and the changing pattern of protection

Thomas Prusa, Robert Teh, 15 September 2010

a

A

Two of the most popular changes in trade policy in recent years are free-trade agreements and using antidumping duties to restrict trade from low-wage countries.

Topics: International trade
Tags: antidumping, free-trade agreements, protectionism, WTO

Contagious FTAs: New evidence on the domino theory of regionalism

Dany Jaimovich, Richard Baldwin, 2 September 2010

a

A

Regionalism is sweeping the world trade system like wildfire. Multilateral WTO talks, meanwhile, proceed at a glacial pace. This correlation has led many observers to fear that regionalism’s boon is multilateralism’s bane.

Topics: International trade
Tags: multilateralism, regionalism, WTO

Resources trade and the WTO

Michele Ruta, 4 August 2010

a

A

Trade in natural resources accounts for a growing share of world trade and a growing share of policymakers’ attention.

Topics: Development, Environment, International trade
Tags: natural resources, trade policy, WTO

Vox eBooks

Events