Ernesto Talvi, Ignacio Munyo, 27 October 2011

The global crisis crippled advanced economies, but it also freed up financial resources that flooded emerging markets. This column introduces an index to identify the post-crisis winners and losers, digging into the causes of the new economic geography and exploring the vulnerability of emerging economies to a recurrence of a Lehman-type virus.

Simon Evenett, 20 July 2011

Despite the public commitments made at the Seoul G20 summit, this year protectionism has slipped off the work programme of G20 nations. The latest evidence published in the 9th Report of the Global Trade Alert, summarised here, shows that government resolve against protectionism has weakened as global economic prospects have dimmed. The global trading system is not out of the protectionist woods.

Simon Evenett, 20 July 2011

The 9th GTA report shows that the pick-up in protectionism since the Seoul G20 summit coincides with the deterioration in economic sentiment.

Barry Eichengreen, 26 June 2011

Global imbalances remain a key issue for G20 leaders. This column evaluates the progress made by G20 leaders in the run up to their Cannes summit this November, concluding that the G20 process is unlikely to protect us from the risks posed by disorderly unwinding of imbalances.

Philip Levy, 28 April 2011

The Obama Administration seems to view Doha delay as a minor issue since they view the export gains from the current package as small. This column argues that this calculation is based on a false premise that the status quo would continue even if the Round dragged on for years. Nations respect the WTO’s Dispute Settlement Mechanism verdicts in order to remain as members in good standing; this allows them to reap the benefits of the WTO as a negotiating forum. If the WTO collapses as a negotiating forum, nations may move towards a crass calculus that assesses verdicts only on the basis of the threats that back them. This would be a deeply regrettable move away from a rules-based global trading regime.

Ernesto Zedillo, 28 April 2011

What is needed for the Doha Round of trade negotiations to reach a satisfactory end? This essay argues that the talks need nothing less than the involvement of heads of government. Deepening economic integration requires improved global governance and completing the Doha Round must be part of this. Failure would put globalisation, and the enormous benefits it has brought about, at serious risk.

Parthasarathi Shome, Francis Rathinam, 20 February 2011

The world anticipates many things from India over the coming years, but what does India expect from the rest of the world? This column explores India’s immediate and long-term concerns for the G20. It argues that India is focused on achieving a global framework for more inclusive economic growth that encompasses developed and developing countries, as well as emerging markets.

Marc Auboin, 25 November 2010

While liquidity has returned to the main routes of international trade, at the periphery a group of developing countries, particular low income one, are still suffering from lack of affordable trade financing. This column outlines how the recent G20 meeting in Seoul has provided a mandate to multilateral institutions to address this problem.

Nicolas Véron, 19 November 2010

The endorsement of the Basel III accord on financial regulation at the recent G20 meetings in Seoul represents one of the event’s main outcomes. This column argues that while this initiative should be welcomed, global finance cannot realistically be submitted to a single rulebook and significant challenges remain.

Ernesto Zedillo, 18 November 2010

How should we judge the 2010 Seoul G20 meeting? A failure, according to this column. It argues that the G20’s failure to coordinate economic policies puts the global economy at risk and that there is little in the G20 Seoul Action Plan addressing the tensions that preceded the summit.

Biagio Bossone, 15 November 2010

The G20 meeting in Seoul last week still leaves many issues unresolved. This column addresses the G20 leaders and calls for global governance that can meet the needs of a global economy.

The Editors, 12 November 2010

The ongoing G20 summit addresses a wide range of economic policy questions. While some are familiar topics about which there is a professional consensus, several of the issues put political leaders at the far edges of our economic understanding. A series of Vox columns by leading economists has marshalled the best available theory and empirics to help illuminate the choices facing world leaders this week in Seoul. As a service to readers in a hurry, this column provides links to the most recent contributions.

Simon Evenett, 12 November 2010

The Seoul summit marks the end of the second year of the G20's crisis-related activities. This column takes stock of the G20's accomplishments and methods of operation, identifying what can reasonably be expected of the G20 over the medium term. It argues that a series of evolving accommodations – articulated imprecisely to outsiders – is the most that governments and analysts should expect.

The Editors, 09 November 2010

In preparation for this week’s meeting of the G20, CEPR recently held a major conference on financial regulation – The Future of Regulatory Reform – bringing together senior policymakers, leading academics and industry practitioners. This column presents a report and video highlighting some of the speakers’ key recommendations.

Simon Evenett, 08 November 2010

The Korean hosts of this week's G20 summit are apparently keen to raise the profile of protectionism and to develop a development-friendly trade initiative. With these possible goals in mind the Eighth Report of the Global Trade Alert, published today, assesses the global state of protectionism, the quality of G20 leadership on trade, and the harm done to the most vulnerable developing countries by other country's beggar-thy-neighbour policies.

Daniel Bradlow, 13 August 2010

The global crisis has helped promote the G20 from supporting role to one of the leading forums on the world stage. This column argues that the G20 presents a unique opportunity for its medium-sized members to influence the global economic agenda – but only if they base their short-term actions on a long-term vision.

Simon Evenett, 23 June 2010

This Report of the Global Trade Alert, published to coincide with the Toronto G-20 Leaders' Summit in June 2010, presents a comprehensive global overview of protectionist trends since the last G-20 summit in September 2009.

Kavaljit Singh, 05 July 2010

Despite recovering faster than developed countries, many emerging markets are struggling to cope with large capital inflows. This column discusses the recent capital controls imposed by Indonesia and South Korea. It argues that while the international community is warming to these policies, it would be wrong to view capital controls as a panacea.

Beatrice Weder di Mauro, Ulrich Klüh, Marco Wagner, Hasan Doluca, 26 June 2010

As G20 leaders meet to discuss financial reform, this column argues that it is not too late for an international solution. It says that the EU and US should lead the way with a tax on systemically important financial institutions. Beyond internalising the costs of systemic risk, such a levy would make an international agreement more likely and raise substantial funds.

Barry Eichengreen, Andrew Rose, 21 June 2010

China’s announcement of greater renminbi flexibility was welcomed by US and European leaders. This column discusses new empirical research on what happens to economies when they exit exchange rate pegs that are resisting appreciation. Data from 27 cases suggest that growth slows but only modestly, and there is no evidence of economic and financial damage as a result – certainly nothing like the fears that China's next decade could look like Japan’s lost decade.

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