Keyword:Global Trade

WTO headquarters in Geneva by Nicolas Nova @ flickr.com WTO headquarters in Geneva by Nicolas Nova @ flickr.com

Bolstering the Multilateral Trading System – Some Fresh Ideas
A work program for the WTO presented by the high-level board of experts on the future of global trade governance


In order to pursue its mandate and objectives, the members of the World Trade Organisation (WTO) should launch a work programme to foster a better understanding of the factors that have enabled institutional innovation in some policy areas but not in others, and to reflect on the role of established working practices in constraining the ability of the organisation to achieve its mandate. More ...

Getty Images/iStockphoto/imaginima Getty Images/iStockphoto/imaginima

Factory Europe
How does Europe tie in with global value chains?


From design to marketing, through the assembly of different intermediate goods or the distribution, global value chains are a structural and vital part of the global trade market. We examine how the factory Europe ties into the rest of the world. More ...

Tony Webster @ Flickr.com Tony Webster @ Flickr.com

The Global Impact of a Protectionist US Trade Policy
What can theory tell us about how Trump's trade policy might affect the world economy?


Since the election of Donald Trump, there has been a growing danger that U.S. trade policy increasingly relies on protectionist measures. The aim of this policy is to secure jobs and income in its own country. In reality, however, protectionist measures mean that the weakening of international trade triggered by the U.S. is leading to a loss of income worldwide, especially in the U.S. More ...

Vitaly @ Unsplash.com Vitaly @ Unsplash.com

The FED, the Dollar and the Global Economy
How US interest rates have far reaching economic consequences for the rest of the world!


In December 2015 the U.S. Federal Reserve (FED) raised interest rates for the first time since 2008. It has also continued to hike interest rates since then, with the last rate hike being in June 2017. The FED's interest rate policy has far-reaching consequences, not just for the American economy, but also for the entire global economy. More ...

IoSonoUnaFotoCamera @ flickr.com IoSonoUnaFotoCamera @ flickr.com

Populist economic policy - what does it mean for the global economy?
What are the typical signs of populist economic policies and how will they affect us in the long run?


A populist economic policy aims to offer citizens a life beyond their current means. The costs of this short-term increase in prosperity are inflicted on future generations. This article describes what macroeconomic consequences can be expected if large industrial nations such as the US pursue this path in their economic policy. More ...

WTO headquarters in Geneva by Nicolas Nova @ flickr.com WTO headquarters in Geneva by Nicolas Nova @ flickr.com

GED Mini-Series: Inclusiveness in the Global Trading System - How Did We Get Here?
PART ONE: How did we get here? - The history of preferential trade agreements


In our new GED-Project mini-series we examine the issue of inclusiveness in the global trading system. Part one of our four-part series will look at the history of preferential trade agreements and aim to give some insight into how we got to the current situation. More ...

brent flanders @ flickr.com brent flanders @ flickr.com

How Blockchain Technology Could Revolutionize International Trade
Is it time for trade to say goodbye to pen and paper and embrace the future?


While International trade has grown immensely over the past 20 years and exceeded USD 18 trillion in 2014, in many ways it is still dominated by old-fashioned paper-based methods rather than the latest technology. This can make trade very inefficient, expensive, slow and complex. The emergence of the blockchain technology and smart contracts promises to resolve the current problems and inefficiencies, bearing the potential to save global trade trillions of dollars. More ...

Danielle Scott / flickr.com Danielle Scott / flickr.com

5 Reasons for the Global Trade Slowdown


Since the fall of the Iron Curtain, the volume of global trade has been characterized in part by double-digit growth rates. Yet evidence shows that this growth has declined steeply since 2012. This piece examines the reasons for the decreasing dynamism of global trade. More ...

Shutterstock / Donatas Dabravolskas Shutterstock / Donatas Dabravolskas

Brazil & Mega-Trade Deals
The Opportunity Cost of Opportunities Lost


A number of major economies in Latin America are not participating in the mega-deals. However, since the proposed agreements include many of their key trading partners, outsiders will still be effected. In this blog post, we have a look at how this could affect the region’s largest economy: Brazil. More ...

Shutterstock/ hxdyl Shutterstock/ hxdyl

TTIP, TPP, RCEP… How Do Mega Trade Deals Affect Your Country?
Find out with the all new GED Fact Sheets!


  CLICK HERE TO SEE THE ALL NEW GED FACT SHEETS!   Free Trade Agreements (FTAs) have been spreading across the global economy for the past 25 years (see our Data Visualization Tool FTA VIS). Recently we have been witnessing the emergence of mega-regional trade agreements, such as the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and […] More ...

Shutterstock/ fredex Shutterstock/ fredex

Nobody Wins with BREXIT
Dynamic Welfare Effects of Brexit Negative for all 28 EU Countries


Since the threat of a Grexit has been averted for the time being, a possible exit of the United Kingdom (UK) from the European Union (EU) poses the next danger for European integration. In our study “Costs and benefits of a United Kingdom exit from the European Union” from April 2015, we analyzed the static effects of a Brexit. We were able to show that due to less cross-border trade activities all 28 EU countries would suffer from lower economic growth. Now we calculated the dynamic growth effects of a Brexit. Again, all 28 economies would be faced with lower growth rates. Growth losses would be even larger than in the case of static effects only More ...

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Pascal Lamy on TTIP and EU and US Regulatory Convergence
Pascal Lamy highlighted the importance of TTIP in leading the EU and the US to convergence in regulatory matters, which would impact the rest of the world


Pascal Lamy talked about a world of trade precaution instead of protection, in one of his comments at the GED sponsored “Multilateral Regionalism and Emerging Markets – Opportunities and Risks in Global Trade” panel at the Global Economic Symposium in Kiel. He highlighted the importance of TTIP in leading the EU and the US to convergence in regulatory matters, which would impact the rest of the world. More ...

© GES / christina kloodt fotografie. © GES / christina kloodt fotografie.

Views on TTIP and ISDS at the Global Economic Symposium
Guest Speakers made insightful remarks on TTIP and ISDS (Investor State Dispute Settlement) at the Global Economic Symposium in Kiel


Guest Speakers made insightful remarks on TTIP and ISDS (Investor State Dispute Settlement) at the GED sponsored “Multilateral Regionalism and Emerging Markets – Opportunities and Risks in Global Trade” panel at the Global Economic Symposium in Kiel More ...

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Pascal Lamy on Free Trade and Fair Trade
Pascal Lamy (former Director-General at WTO) spoke on the concepts “free trade” and “fair trade” at the GES


Pascal Lamy (former Director-General at WTO) spoke on the concepts “free trade” and “fair trade” at the GED sponsored “Multilateral Regionalism and Emerging Markets – Opportunities and Risks in Global Trade” panel at the Global Economic Symposium in Kiel. He highlighted the subjectivity of the concept “fair trade”. More ...

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Remarks on TTIP, Public Opinion and Regulatory Convergence at the GES
The speakers at the GES exchanged views on left and right-wing resistance against FTAs citizens’ perceptions on TTIP, democratic transparency and environmental and animal rights standards


Pascal Lamy (former Director-General at WTO), Andreas Esche and Petra Pinzler spoke at the GED sponsored “Multilateral Regionalism and Emerging Markets – Opportunities and Risks in Global Trade” panel at the Global Economic Symposium in Kiel. The speakers exchanged views on left and right-wing resistance against FTAs citizens’ perceptions on TTIP, democratic transparency and environmental and animal rights standards More ...

Shutterstock / nicolemoraira Shutterstock / nicolemoraira

FTAs in the 21st Century & the “Domino Effect”


The fall and breakup of the Soviet Union opened a new era of Free Trade Agreements. But was the opening up of former communist ruled markets the only reason for the dramatic increase in FTAs during the 90's? More ...

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The Crossroads: Cuba


As the US and Cuba reopen their embassies in each other's countries Cuba finds itself at a crossroads. Which path into the future will it follow? This is the second installment of the GED team's new video series "The Crossroads". More ...

Image showing NOTTIP Demonstrations in Brussels Image Courtesy: Global Justice Now © flickr

TTIP Behind Closed Doors: A Fresh Start for Transparency?


The eighth round of negotiations just ended in Brussels, yet it seems the question of transparency is still not resolved. Despite intense communication efforts, attempts to bring an end to the transparency debate are losing momentum. So where do we really stand on transparency? What is left to do? And how far should we go? In this video we provide some insights by experts from both sides of the debate. More ...

Screenshot of Director of GED-Team Andreas Esche with the backdrop of the TTIP Conference in Rome

Unpacking the Box: Rome Conference Opens Forum for TTIP Debate


TTIP has been in the works for two years now, but many feel the negotiations have lost both momentum and direction. To spark a more constructive debate, experts from across the political, social and business sectors met at the Rome Conference to share their perspectives at the TTIP. More ...