This episode of Trade Bites looks at competition and industrial policy. China's strong industrial policies and state-backed dominance have fuelled global competition. Recently, this has led to the US, Europe and developed countries, including the UK, implementing much more activist industrial policies to support their own producers and to ensure supplies of strategically important goods.
Is a level playing field a luxury that we can no longer afford in these days of geopolitical contention, or is the pendulum swinging too far away from notions of open competition?
To discuss these important points are Aditi Sara Verghese (World Economic Forum), Anne-Claire Hoyng (Prosus), Peter Holmes (UKTPO, University of Sussex) and our host Chris Horseman (Borderlex).
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This episode of Trade Bites looks at competition and industrial policy. China's strong industrial policies and state-backed dominance have fuelled global competition. Recently, this has led to the US, Europe and developed countries, including the UK, implementing much more activist industrial policies to support their own producers and to ensure supplies of strategically important goods.
Is a level playing field a luxury that we can no longer afford in these days of geopolitical contention, or is the pendulum swinging too far away from notions of open competition?
To discuss these important points are Aditi Sara Verghese (World Economic Forum), Anne-Claire Hoyng (Prosus), Peter Holmes (UKTPO, University of Sussex) and our host Chris Horseman (Borderlex).
The Multilateral Trading System under threat: actions and reactions
Trade Bites
1 hour 41 seconds
3 months ago
The Multilateral Trading System under threat: actions and reactions
In this special extended episode, recorded in front of a live audience at the World Trade Organization Public Forum, we consider the present state of the multilateral trading system and the role of the WTO.
The majority of international trade, around 72%, is being conducting on WTO terms. But pretty much every nation has had to face the consequences of a unilateral withdrawal from Most Favoured Nation principals by the world’s biggest economy: the US. This challenge from Washington is only the latest in a string of issues to confront the WTO, which has only ratified two multilateral agreements in 30 years, and hasn’t had a functioning Appellate Body to underpin the enforcement of multilateral trade rules for the last six years.
How should WTO members respond? Should the rules be upheld, or do they need changing? To discuss these questions and those from our live audience are H.E Guilherme de Aguiar Patriota (WTO), Kelly Ann Shaw (AKIN), Mona Paulsen (London School of Economics) and our host Chris Horseman (Borderlex).
Trade Bites
This episode of Trade Bites looks at competition and industrial policy. China's strong industrial policies and state-backed dominance have fuelled global competition. Recently, this has led to the US, Europe and developed countries, including the UK, implementing much more activist industrial policies to support their own producers and to ensure supplies of strategically important goods.
Is a level playing field a luxury that we can no longer afford in these days of geopolitical contention, or is the pendulum swinging too far away from notions of open competition?
To discuss these important points are Aditi Sara Verghese (World Economic Forum), Anne-Claire Hoyng (Prosus), Peter Holmes (UKTPO, University of Sussex) and our host Chris Horseman (Borderlex).
