News: World Trade System
The US & the WTO: Taking Stock of Recent Trade Strategy Manoeuvres
Peter Draper, Executive Director, Institute for International Trade, University of Adelaide
How to make sense of recent manoeuvres amongst the major trading powers in relation to the WTO? The US is at the centre, so it is necessary to start there. Executive Director Professor Peter Draper reflects on these dynamics following recent travels to Tokyo, Geneva, and Florence.
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Asia-EU Trade Workshop and Roundtable
On 31 May and 1 June 2019, both Prof Richard Pomfret Jean Monnet Chair in the Economics of European Integration and Prof Peter Draper Executive Director for Institute for International Trade participated in a Workshop and Round Table discussion on Asia-EU Trade at the European University Institute in Florence, Italy.
Africa’s Priorities Amidst The “Trade Wars”
The ’trade wars’ are firmly back in the spotlight. Regions and countries will be variously impacted as tensions and tariffs escalate. In this briefing for the Turkish Policy Quarterly Executive Director Professor Peter Draper analyses how Sub-Saharan Africa might be affected, and what remedial actions African leaders could pursue. For more context on one option, the Continental FTA, see his recent joint article in World Economics (subscription required).
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2019 Global Solutions Summit, Berlin
Keith Wilson, Senior International Trade Law Counsellor, Institute of International Trade
Contributions at the third Global Solutions Summit (www.global-solutions.international) addressed the full spectrum of challenges in a period of major change – and a looming sense of crisis – in the international political, economic and social order. These were the four key priorities I took away from the 2019 Summit held in Berlin, Germany from 18-19 March 2019, in support of the Japanese Presidency of the G20/T20. The Think 20 (T20) will be held in May, leading up to the G20 itself in Osaka in June 2019.
Australian Export Exposure to Foreign Trade Distortions: Evidence from the Global Trade Alert
Simon Evenett, Professor of International Trade and Economic Development at the University of St. Gallen, Switzerland.
Given Australia’s significant economic integration into the world trading system, foreign protectionism poses a genuine threat to Australian living standards. While the current US administration’s trade policy has put the spotlight on protectionism, in fact over the past decade there has been sustained resort to trade distortions by many governments.
The G20 and the challenges confronting the global trading system
The Japanese desire not to antagonize the Trump Administration means there is little prospect of concerted G20 action this year. IIT partnered with RIETI (based in Tokyo), and ANU’s Research School for Asia and the Pacific to host a Think 20 Trade taskforce dialogue on the G20’s trade agenda.
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3rd Adelaide PhD Summer Institute in International Trade
The Institute for International Trade hosts the 3rd Adelaide PhD Summer Institute in International Trade. Adelaide was the centre of PhD student research in international trade in Australasia on March 20 and 21, as twelve aspiring PhD students and Adelaide scholars in international trade met to discuss their research.
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Official Opening of the Jean Monnet Centre of Excellence in International Trade & Global Affairs
Guest speaker Senator the Honourable Simon Birmingham, Australian Minister for Trade, Tourism and Investment and Deputy Leader of the Government in the Senate, gave an address on Australia’s relations with the EU and current trade policy challenges.
Official Opening of the Jean Monnet Centre of Excellence in International Trade & Global Affairs and Book Launch
The Institute for International Trade invites you to join special guest Senator The Honourable Simon Birmingham, Australian Minister for Trade, Tourism and Investment and Deputy Leader of the Government in the Senate for the official opening of the newly established Jean Monnet Centre of Excellence in International Trade and Global Affairs.
Transatlantic relations and the international trading system
Steve Woolcock, London School of Economics
Today there are more doubts that transatlantic cooperation is in the mutual interest of the US and EU than at any time since the creation of the GATT. First, the US Administration is pursuing a purely value-claiming (“I win you lose”) trade strategy vis–a– vis the EU (and other countries) when the norm has been value creating or “win-win”.
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