News: World Trade System
Wednesday 20 March - Thursday 21 March 2019 The University of Adelaide’s Institute for International Trade (IIT) hosted the 3rd PhD Summer Institute in International Trade. The first two summer institutes took place in February 2017 and February 2018, and its objective is to provide PhD students in this field with a platform for discussing their ideas with both fellow PhD students and senior scholars.
Ken Ash, Independent Consultant, IIT Visiting Fellow, and former OECD Director of Trade and Agriculture.
The COVID-19 pandemic emerged in a world characterized by high trade tensions and considerable inertia across the multilateral trading system. A number of countries were moving towards plurilateral, regional and bilateral trade arrangements, and some governments were already beginning to explore ways in which they might more actively shape domestic economic activity.
By Mike Humphrey Senior Trade Advisor at the Institute for International Trade at the University of Adelaide. As is the case with most governments world-wide, the Australian government’s concern regarding the recovery from the economic impacts of the COVID-19 crisis has been how to reboot the domestic economy and international trade as rapidly as possible.
Wednesday 18 November 2020. The Institute for International Trade partnered with the Trade and Investment Research Network to deliver an informative webinar with our distinguished panel for a substantive discussion on the G20's role in reforming industrial subsidies.
By Visiting Fellow Milton Churche. Milton Churche left the Australian Department of Foreign Affairs and Trade in 2018 after working on trade policy since 1987. The Trump administration has called into question the value of trade agreements, including of the World Trade Organization (WTO), abused the concept of national security to justify openly trade protectionist actions, invoked “trade wars” as legitimate policy tools to advance national objectives, and moved in the direction of managed trade. Would a Biden presidency bring a decisive change in direction on US trade policy?
The Asia-Europe Sustainable Connectivity Scientific Conference (AESCON) conference is a major ASEM preparatory event around the theme of connectivity. The conference was organized principally by the European Commission Joint Research Centre and the Economic Research Institute for ASEAN and East Asia, and attracted participants from governments, think tanks, universities and the private sector. Initially scheduled to be held in Singapore on 25-27 February, the conference was postponed and held online on 22-25 September.
Think20 Policy Brief: Impact of Digital Technologies and the Fourth Industrial Revolution on Trade in Services
Friday 18 September 2020 marked the beginning of the T20 Summit Season, celebrated the work of T20 Task Force 1: Trade, Investment and Growth.
Jane Drake-Brockman Institute for International Trade, The University of Adelaide coordinated and presented TIISA Policy Brief 4: Impact of Digital Technologies and The Fourth Industrial Revolution on Trade in Services
By Chenye Zhang, IIT Visiting Researcher and PhD Candidate at the University for International Business and Economics.
A Chinese perspective: In November 2013 BIT negotiations between China and the EU officially commenced. The goal was to reach a high-level agreement covering investment protection and market access. At the China-EU Summit in 2019, both parties reached consensus on achieving a high-level BIT by the end of 2020. Although the COVID-19 pandemic has caused difficulties, China and the EU have been actively pushing the negotiations forward.
THINK20 Policy Brief: Impact of Digital Technologies and the Fourth Industrial Revolution on Trade in Services
15 co-authors (8 from the TIISA Network, including coordinating lead Professor Drake-Brockman), offer recommendations to G20 Leaders to start shaping a trade policy agenda for a digital future. Digital technologies are putting trade in services on a stronger relative growth path than trade in goods. Digital enablement of services depends on inputs of cross-border data flows. For every nation to reap the benefits of the fourth industrial revolution, sustained openness to international services trade, investment, and data flows is essential.
By Dr Naoise McDonagh, Lecturer in Political Economy, Institute for International Trade, University of Adelaide and Professor Peter Draper, Executive Director, Institute for International Trade, The University of Adelaide.
The role of the state and market-distorting state intervention in the global economy have come increasingly to the fore in recent times, in large part as reaction to China’s rise to becoming the second largest world economy, and a direct competitor with developed economies across many sectors.
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