Podcast

Avoiding a requiem for the WTO

The WTO has been 'missing in action': how can we restore the organisation's role as a global forum for cooperation on trade?

By: Date: June 16, 2021 Topic: Global economy and trade

As the only global international organisation dealing with the rules of trade between nations, the World Trade Organisation should be the place where governments sort out the trade problems they face with each other. However, in recent years, WTO members have not managed to conclude new agreements to liberalise trade in goods and services. The organisation has not played a significant role in defusing and addressing the trade conflict between the US and China. It was also largely ‘missing in action’ during the first stages of the global COVID-19 pandemic.

All these lead to the conclusion that reform is necessary – whether the political will exists to re engage multilaterally and pursue it is another question. In this live podcast, Giuseppe Porcaro and Niclas Poitiers are joined by Bernard Hoekman, Professor and Director of Global Economics at the Robert Schuman Centre for Advanced Studies, European University Institute in Florence; Petros C. Mavroidis, Edwin B. Parker Professor of Law at Columbia Law School in New York and Anna Dias, Lawyer and partner at Gide Loyrette Nouel in Paris. Together they discuss what areas of reform the WTO should prioritise, and what challenges it would face.

Revelant Publications:

China and the WTO: Why Multilateralism Still Matters, Book by Petros C. Mavroidis and André Sapir.

Avoiding a Requiem for the WTO, Article by Petros C. Mavroidis and Bernard Hoekman.

*This article is part of the Revue européenne du droit (RED) issue on global governance, which you can read here.

This podcast is organised together with the editorial team of RED which we thank for the support.

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Podcast

Podcast

Rethinking fiscal policy

A look at the past, present and future of fiscal policy in the European Union with Chief economist of the European Stability Mechanism, Rolf Strauch.

By: The Sound of Economics Topic: European governance, Macroeconomic policy Date: October 20, 2021
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External Publication

Global Economic Resilience: Building Forward Better

A roadmap for systemic economic reform calling for step-change in global economic governance to increase resilience and build forward better from economic shocks, prepared for the G7 Advisory Panel on Economic Resilience.

By: Thomas Wieser Topic: Global economy and trade, Macroeconomic policy Date: October 14, 2021
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Podcast

Podcast

Will ‘common prosperity’ address China’s inequality?

Why is China reviving this old mantra?

By: The Sound of Economics Topic: Global economy and trade Date: October 13, 2021
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Podcast

Podcast

Is tech redefining the workplace for women?

Laura Nurski, Sabine Theresia Köszegi and Giuseppe Porcaro explore the relationship between artificial intelligence and job transformation and ask whether the impact differs by gender.

By: The Sound of Economics Topic: Digital economy and innovation, Inclusive growth Date: October 6, 2021
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Opinion

The geopolitical conquest of economics

Although economics and geopolitics have never been completely separate domains, international economic relations were shaped for 70 years by their own rules. But the rise of China and its growing rivalry with the United States have brought this era to an end.

By: Jean Pisani-Ferry Topic: Global economy and trade Date: October 4, 2021
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Podcast

Podcast

A green fiscal pact

How can the European Union increase green public investment while consolidating budget deficits?

By: The Sound of Economics Topic: European governance, Macroeconomic policy Date: September 29, 2021
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Podcast

Podcast

Exploding energy prices

Why the sudden spike in European electricity and gas prices?

By: The Sound of Economics Topic: Green economy Date: September 23, 2021
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Podcast

Podcast

Unboxing the State of the Union 2021

In this Sound of Economics Live episode, Bruegel experts look at the State of the Union address delivered by Ursula von der Leyen, President of the European Commission.

By: The Sound of Economics Topic: Macroeconomic policy Date: September 15, 2021
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Opinion

Making supply chains more resilient

After the current global semiconductor shortage, business leaders and policymakers must think now about how to minimise the effects of future exogenous shocks on production networks and the global economy.

By: Dalia Marin Topic: Global economy and trade Date: September 14, 2021
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External Publication

European governance

EU-India trade relations: assessment and perspectives

In-depth analysis prepared for the European Parliament's Committee on International Trade (INTA).

By: Suman Bery, Sonali Chowdhry, Alicia García-Herrero and Niclas Poitiers Topic: European governance, Global economy and trade Date: September 10, 2021
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Podcast

Podcast

A Late Bloomer: where is China’s climate plan?

The world awaits China's concrete plan on carbon reduction, but the country is following its own pace.

By: The Sound of Economics Topic: Global economy and trade Date: September 8, 2021
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Past Event

Past Event

The role of the EU's trade strategy for an inclusive and sustainable recovery

Bruegel Annual Meetings, Day 3 - We are delighted to welcome Valdis Dombrovskis, Executive Vice President of the European Commission for An Economy that Works for People to talk about Europe's trade strategy.

Speakers: Valdis Dombrovskis, Alicia García-Herrero and Guntram B. Wolff Topic: Macroeconomic policy Location: Palais des Academies, Rue Ducale 1 Date: September 3, 2021
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