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.
Global trade talks: Doha is doable this year
Richard Baldwin, 28 January 2011
Marco Fugazza, Alessandro Nicita, 15 December 2010
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.
The G20 mandate on fixing trade finance for low-income nations
Marc Auboin, 25 November 2010
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).
Lessons in regionalism: What can the WTO teach the IMF?
Kati Suominen, 3 November 2010
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.
Ensuring globalisation after the great crisis
Gary Clyde Hufbauer, Kati Suominen, 13 October 2010
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).
Remake trade through a US-EU trade partnership
Susan Ariel Aaronson, 1 October 2010
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.
A future agenda for EU trade policy as if the real world really mattered
Simon J Evenett, 25 September 2010
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.
Tilting the playing field: FTAs and the changing pattern of protection
Thomas Prusa, Robert Teh, 15 September 2010
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.
Contagious FTAs: New evidence on the domino theory of regionalism
Dany Jaimovich, Richard Baldwin, 2 September 2010
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.
Resources trade and the WTO
Michele Ruta, 4 August 2010
Trade in natural resources accounts for a growing share of world trade and a growing share of policymakers’ attention.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- The ECB’s stealth bailoutSinn
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
DellaVigna, Durante, Knight, La Ferrara
Ostry, Berg, Tsangarides
Allen, Eichengreen, Evans
Greenwood, Guner, Kocharakov, Santos
CEPR Policy Research
- The buyer margins of firms' exportsCarballo, Ottaviano, Volpe
- Commodity and Equity Markets: Some Stylized Facts from a Copula ApproachDelatte, Lopez
- Ethnic Unemployment Rates and Frictional MarketsGobillon, Rupert, Wasmer
- Finance and Poverty: Evidence from IndiaAyyagari, Beck, Hoseini
- The Manipulation of Basel Risk-WeightsMariathasan, Merrouche
- Making city lights shine brighterYusuf, Leipziger
- The euro in the 'currency war'Bénassy-Quéré, Martin
- The roots of shadow bankingPerotti
- What’s wrong with Europe?Baldini, Manasse
- How the EZ crisis is permanently changing EU institutionsMicossi
- 21st Century Challenges: The Mobile Middle Class13 - 13 March 2014 / Royal Geographical Society, 1 Kensington Gore, SW7 London / Royal Geographical Society (with IBG)
- The 13th Annual GEP Postgraduate Conference 20141 - 2 May 2014 / Nottingham / Sponsored by Nottingham Centre for Research on Globalisation and Economic Policy (GEP) University of Nottingham, United Kingdom
- Exchange Rates and External Adjustment2 - 3 June 2014 / Zurich / Swiss National Bank
- 13th Summer School in International Development Economics: Investment, Saving and Wellbeing in Developing Countries10 - 13 June 2014 / Palazzo Feltrinelli, Gargnano, Lake Garda (Italy) / Organisers: Centro Studi Luca d’Agliano, Centre for Economic Policy Research (CEPR), Paolo Baffi Center