The first two decades of this millennium were marked by major political, economic and geopolitical disruptions. This has led many analysts to predict that the world economy is entering a phase of “deglobalization” that is, a retreat from the globalization process. This policy brief discusses how “deglobalization” affects the role … Read more
World Trade Organization (WTO) members have divergent views about developing country-member status and special and differential treatment (SDT), reflecting different perceptions about what constitutes fair treatment in the WTO. Such differences have recently become more accentuated, posing a challenge for the organization. Debates about SDT have covered a complex set … Read more
Industrial subsidies have long been a controversial topic for the World Trade Organization (WTO) and the G20. The debate was rekindled by the COVID-19 crisis, which compels countries to support their economies through subsidies. This policy brief will suggest reforming the notion of subsidy under the Agreement on Subsidies and … Read more
In order to preserve the central role of the World Trade Organization (WTO) in global trade it is necessary to revive the negotiating function of the organization. Plurilateral cooperation can be a stepping stone towards closer integration on issues where multilateral consensus is not yet in sight. However, a closer … Read more
Curated and produced by Forum New Economy The current pandemic has led to a dramatic contraction in global trade. Lockdowns and travel restrictions have disrupted international supply chains and the movement of people. It has also exposed national vulnerabilities that governments will need to address and has advanced the rise of … Read more
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