The current crisis raises serious challenges to the maintenance of open-markets but many policy makers and analysts remain complacent in defending trade openness. This column calls on these actors to defend their convictions, and proposes further debate on the policy options required to get out of the current predicament while protectionism in its many forms.
Simon Evenett, 28 January 2009
Jagdish Bhagwati, 09 January 2009
In this column Jagdish Bhagwati sounds the alarm on Obama’s eloquent silence on key trade issues and his failure to balance his protectionist appointments with powerful trade proponents that would produce a “team of rivals”. Multilateral free trade is being dangerously let down.
Joseph Francois, 17 December 2008
The worry about protectionism should not be centred on completing the Doha Round. This column suggests 80% of world trade is locked-in under legally binding tariffs and the real worry is that of excessive use of antidumping, countervailing duty, and safeguard protection, misguided public subsidies, rising protection in the poorest countries, and temptation in the US Congress to violate existing treaty commitments.
Simon Evenett, 12 December 2008
Simon Evenett of the University of St Gallen talks to Romesh Vaitilingam about the latest e-book in Vox’s ‘What leaders should do in the crisis’ series, focusing particularly on the prospects for completing the Doha Round of world trade negotiations in the light of the economic crisis. The interview was recorded on Tuesday 9 December 2008.
Nicolas Véron, Lars-Hendrik Röller, 06 December 2008
European security concerns about foreign investment have produced opaque and inconsistent responses by national governments. This column makes the case for establishing a EU authority to address the issue in an open, comprehensive and sustainable manner rather than allowing the proliferation of disparate national regulatory initiatives. The openness of the EU investment environment is at stake.