Russia’s Accession to the WTO
Russia is the only major economy that is not a member of the WTO, but discussions over its accession have intensified, giving rise to important questions about the implications for world trade. […]
Economic Instability
Sovereign Wealth Funds: From Dubai to Oslo, Politics Meets Business
Since the start of the financial crisis, questions about sovereign wealth funds, which had $3.9 trillion in assets in 2008, have been at the forefront of discussions regarding financial stability and global politics. […]
Copenhagen and the Lessons From Global Trade Reform
Copenhagen is not likely to deliver a legally-binding, multilateral agreement on carbon emissions. However, trade negotiations provide lessons on how to enact far-reaching reforms even in the absence of a global deal. […]
Keynes at Home, Smith Abroad—the Right Approach?
Leading economists describe the 2007-2009 economic crisis as the worst since the Great Depression, causing regulators worldwide to question the system that has drive the world’s economy for the past two decades. […]
The G20 in 2050
By 2050, emerging countries in Asia and Latin America are expected to become economic powers comparable to the United States and Europe, dramatically shifting the world’s balance of power. […]
Bilateral U.S.-China Imbalances Not the Issue
The recent emphasis on the trade imbalance between the United States and China—which was high on President Obama’s agenda in Asia this week—is largely misplaced and diverts attention from more pressing domestic problems. […]
The G20 is Promoted
The G20 has claimed its spot as the world’s leading economic forum. Though it failed to adequately address trade, the group did discuss climate change, signaling a shift from crisis control to a long-term focus. […]
Four Challenges in Pittsburgh
World leaders meeting at the G20 summit in Pittsburgh must tread carefully as they plan to withdraw government stimulus from their economies and insist that countries enact reforms needed to prevent a future crisis. […]
Crisis, Protectionism, and Doha—What Future for the WTO?
The financial crisis underscored the importance of the World Trade Organization in warding off protectionism, but as the WTO is increasingly bypassed in trade reform, questions arise about its role in world trade. […]
WTO Reform: The Time to Start Is Now
As economic crisis and burgeoning protectionist pressures demonstrate the urgency of strengthening trade rules, questions arise about the limitations of the World Trade Organization. The WTO needs to be reformed to be effective and remain relevant. […]