Discussion: What is the G20's role in reforming industrial subsidies?

G20 Leaders will meet virtually on 21-22 November 2020 for their annual Summit. In this COVID-19 and US Presidential elections year, there is much for them to consider. One key issue increasingly confounding international trade discussions is multilateral disciplines on industrial subsidies.

Western market economies’ concerns over state capitalist models in key developing countries, particularly China, are rising even as massive fiscal and monetary policy stimuli have been rolled out. While the World Trade Organization regulates industrial subsidies payments concerns were growing prior to COVID-19 that its rules were designed for a different era.

The G20 represents, per its own acclamation, the ‘most systemically significant’ economies in the world, so what steps should G20 Leaders take to address the problem?

What needs to be done, and by whom? Join our distinguished panel for a substantive discussion about these matters, and have your say.

Moderator
Professor Peter Draper, Executive Director, Institute for International Trade, The University of Adelaide

Presenter
Dr Naoise McDonagh, Lecturer, Institute for International Trade, The University of Adelaide (T20 Policy Brief)

Discussants:

• Ken Ash, formerly Director - Trade and Agriculture, the OECD, and IIT Visiting Fellow
• Dr. Stormy-Annika Mildner, Head of External Economic Policy, Bundesverband der Deutschen Industrie e.V. (Federation of German Industries)
• Professor Tu Xinquan, Dean, China Institute for WTO Studies, University of International Business and Economics
• Tim Yeend, Chief of Staff and G20 Sherpa for the World Trade Organization, and IIT Visiting Fellow

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