Global value chains and Brexit If global value chains are considered, Brexit cuts GDP and costs jobs, argue Hylke Vandenbussche, William Connell and Wouter Simons Economic implications of a protectionist US trade policy Gabriel Felbermayr, Marina Steininger and Erdal Yalcin analyse three protectionist policies that have been discussed by the administration and the effects on the economy
European worries about isolationist trends Populist shocks in the UK and US threaten the multilateral order on which the EU depends. Maria Demertzis asks what lies behind these earthquakes, and what does it mean for Europe?

 

Global value chains and the missing US exports To properly understand how trade benefits all involved Yuqing Xing argues that trade statistics need to be reformed to take account of intellectual property

 

Making the most of Europe’s strengths Margrethe Vestager on creating the right conditions for European companies to succeed Should the EU have the power to vet foreign takeovers? André Sapir and Alicia García-Herrero debate the issue, which has become topical in view of recent Chinese investment in Europe The Trump doctrine on international trade: Part one William Nordhaus argues that President Trump embraces fallacies as facts, and that the efforts to reform tax are flawed and will make tax law more complex The Trump doctrine on international trade: Part two Trump risks destroying the fruits of almost 100 years of global trade cooperation, William Nordhaus argues Revitalising connectivity through inland waterways Bipul Chatterjee and Saurabh Kumar discuss how India can become a responsible partner in its neighbours’ development through fostering cooperation in regional infrastructure projects The US antitrust counter-revolution Recent research has highlighted a rise in concentration in the US economy, across different sectors. Economists are now wondering to what extent this is attributable to a shift in the antitrust enforcement philosophy. Silvia Merler reviews contributions to this debate Brexit’s impact on trade Brexit and the election of Trump has injected a major dollop of uncertainty into international commerce. Dan Ciuriak writes about how this could reshape the global trading system USTR Lighthizer introduces the Trump trade doctrine Shanker Singham looks at President Trump’s trade policy, and what the Administration means by ‘free and fair’ trade The mixed blessing of the ‘multi-speed’ EU Marek Dąbrowski examines the rationale behind a multi-speed European Union and the potential risks that could encourage anti-EU sentiments Brexit fork in the road Angus Armstrong asks if it really is the case that the UK can ‘take back control’ and be better off at the same time? Can EU actors keep using common law after Brexit? Uuriintuya Batsaikhan and Dirk Schoenmaker consider what Brexit means for commercial dispute resolution across Europe International arbitration is the way to settle the UK’s Brexit bill The UK-EU financial settlement risks becoming a toxic stumbling block in Brexit negotiations. André Sapir writes that to diffuse the issue both sides should agree to independent international arbitration A renewed approach to competition law BusinessEurope aims to encourage businesses to develop and apply competition compliance and awaken antitrust authorities to the importance of supporting companies’ compliance efforts, Guido Lobrano writes Europeans rediscover enthusiasm for globalization Uuriintuya Batsaikhan and Zsolt Darvas find that improved economic conditions has led to people in the EU seeing globalization as an opportunity Global trade challenges are best tackled through the multilateral system The WTO should seek to bolster global economic cooperation in order to leave a strong and well-functioning trading system for future generations, says Roberto Azevêdo The new protectionism: where does it come from and where may it go? It seems we are in a transition towards a new international regime, a new order, finds Daniel Dăianu Europe in a new world order Maria Demertzis, André Sapir and Guntram Wolff explore what the EUs strategic reaction should be to US diminishing giant policies, and the EUs role in a world of declining hegemony and shifting balances Promoting climate protection while preventing protectionism Susanne Dröge says it is time to talk openly about the options and the risks and to agree on protecting the climate without protectionism WTO TFA entry into force is a watershed moment for world trade The entry into force last month of the World Trade Organization’s Trade Facilitation Agreement – a landmark global trade agreement – could provide a boost to global trade flows of over US$1 trillion, writes the International Chamber of Commerce The role of TIR Convention in effective implementation of the BBIN MVA Implementation of the TIR Convention holds the promise of boosting regional connectivity, Bipul Chatterjee and Surendar Singh argue Trump, Iran, and guidance for European businesses Matthew Oresman looks at the Trump Administration’s approach to Iran and what European businesses need to consider Post-Brexit trade and development policy Richard Baldwin, Paul Collier and Anthony Venables suggest that the time is ripe for the UK to embrace a new trade and development agenda to demonstrate a country ready to play a key role on the world stage Brexit: a new industrial strategy and rules on state aid Nicholas Crafts argues that there is an unheralded downside of a hard Brexit Trump’s U-turn on trade with China is good news, but the EU should not be complacent The EU has a lot at stake, and should be ready to steer a tactical course between its two main trade partners, André Sapir writes The EU should not retaliate against Trump’s protectionism Marek Dabrowski argues that the EU should build a broad coalition of allies to defend free trade Protectionist threats jeopardise international trade Meredith Crowley, Huasheng Song, and Ning Meng provide evidence that tariff scares have negative impacts on trade even when the threatened import tariff hikes never actually materialise The EU must stand ready to confront US leadership This is not the first time that the United States has antagonised Europe. And Europe can provide an effective response to such external challenges when it stands united, Emmanuel Mourlon-Druol writes Chinese Presidency of 2016 G20 Summit: expectations vs outcomes Geethanjali Nataraj and Ramandeep Singh say that a roadmap has been laid for ensuring that future global growth is innovative and sustainable Is AGOA working for Africa? William Gumede asks if AGOA has not benefited African countries, what can they do to make it work better for them? The trade issues which must be solved by David Davis’ Brexit Department Robert Oulds says Brexit negotiations must aim to prevent the complexities of trade slowing the free flow of goods after Britain leaves the EU The post-Brexit fandango To leave the EU cleanly the UK must make sure that this path leads to unilateral free trade and not some half-hearted protectionist substitute, Patrick Minford argues Trump’s rhetoric: retrenchment, status quo or deepening engagement? Stephen Nagy examines the potential effects Trump’s policies will have on trade and security in East Asia Europe after Brexit: a proposal for a continental partnership Jean Pisani-Ferry, Norbert Röttgen, André Sapir, Paul Tucker, and Guntram B Wolff propose a new form of collaboration, a continental partnership, that will maintain Europe and the UK’s influence in an increasingly volatile world Trumped up trade: the end of an era The days of US fiscal restraint, and of global trade growth outpacing GDP growth, are now over, Sebastian Dullien writes Better, faster, stronger: how freer trade fosters global innovation Karen-Helene Ulltveit-Moe, Andreas Moxnes and Federica Coelli present new evidence on the benefits of freer trade in terms of growth and innovation Britain’s Asian opportunity Brexit offers the UK an opportunity to develop a more independent trade policy towards Asia, asserts Ganeshan Wignaraja UK’s €40 billion bill could be EU’s first Brexit hurdle Lewis Crofts and Matthew Holehouse examine how the Brexit negotiations will be affected by outstanding budget liabilities The great normalisation of global trade Alexander Al-Haschimi, Martin Gächter, David Lodge and Walter Steingress find that an upturn in aggregate demand will not necessarily lead to a significant recovery in global trade What does China's 'belt and road initiative' mean for EU trade? OBOR will bring huge improvements in regional and international connectivity, Alicia García-Herrero and Jianwei Xu explain What consequences would a post-Brexit China-UK trade deal have for the EU? Alicia García-Herrero and Jianwei Xu find that a UK-China FTA will be neither easy nor clearly advantageous for the UK The G20: business engagement for a sustainable and inclusive global economy CEOs from across G20 economies call for a credible action plan to open markets, mobilize private sector capital and make it easier to trade internationally, International Chamber of Commerce write CETA: ratification fears and implementation challenges There seems to be enough political support for the agreement on both sides of the Atlantic for CETA to come into force on a provisional basis sometime in 2017, says Patrick Leblond The rise of sustainable FDI: emerging trends in the SADC region Growing FDI inflows into Africa has led to countries re-examining their FDI policies to align them with the international trend toward sustainable FDI, Chelsea Markowitz and Azwimpheleli write Negotiating Britain’s new trade policy Jim Rollo and Alan Winters suggest some strategies for the UK government to follow in reconstituting its trade policy post-Brexit Let the games begin Ian Johnson examines the IP minefield at the Rio Olympics, and the future of IP in the digital age 800 million reasons Hun Kim says South Asia is set to become the fastest growing region in Asia, with more opportunities to do business than ever before How Chinese parties can prepare for increasing outbound disputes Chinese parties can mitigate investment risks by including dispute resolution provisions in their joint venture agreements that can help them deal with any later problems, Shaun Wu and Andrew Wang write
EU-China FTA: why do we need it? How should it look like? What will it bring? The economic potential in bilateral trade could be significant, Federica Mustilli, Mattia Di Salvo and Wenian Hu find Trade matters for jobs and growth The International Chamber of Commerce would like to hear more talk about why trade matters; how the gains from trade are realized; and about how concerns about trade’s disruptions can best be handled The EU agenda for tax transparency Pierre Moscovici says we are witnessing a generational shift when it comes to tax transparency in the EU and internationally Why the Confederation can’t solve the Union’s problems Benjamin Zeeb and Julia Berghofer discuss multiple crises in Europe and argue that the Europeans have to build up a political union that is able to defend common interests by means of democratically legitimised institutions How the blockchain enables a new economy This crypto economy will transfigure businesses, government and our society, perhaps even more profoundly than the internet did, says William Mougayar Important steps made towards a Digital Single Market Andrus Ansip writes that the European Commission has made a major advance towards creating a true Digital Single Market (DSM) for Europe, with two new packages of initiatives Europe’s digital transformation Measures designed to speed up the digital transformation of industry should remain at the core of what the EU is trying to achieve, John Higgins writes Modi 2.0: revisiting relationship capitalism Deepanshu Mohan asks if the government can make a move from relationship capitalism to one where the markets compete freely across sectors Pyramid vs. oceanic circles. Facilitating sub-regional trade for sustainable development Bipul Chatterjee and Susan Mathew deliberate on why South Asia needs to adopt an oceanic circle model vis-à-vis pyramid model for facilitating trade
Japan’s new international role Fraser Cameron considers the reasons for Japan’s more active global role and assesses the implications for EU-Japan relations Recommendations for a successful digital transformation in Europe The ongoing fourth industrial revolution is radically modifying the global economy. Europe needs a true digital transformation to regain competitiveness and deliver growth and jobs, writes Markus Beyrer Corruption-free trade – an important agenda for new generation trade agreements Susan Côté-Freeman and Dieter Zinnbauer say there is no excuse for not taking action to ensure that corruption and lack of transparency do not undermine trade governance The Nairobi WTO Ministerial Conference and post-Nairobi developments Bipul Chatterjee and Smriti Bahety discuss the implications of the decisions taken at Nairobi and the road ahead for the multilateral trading system Trade negotiations in an era of deep integration Patricia Goff looks at the evolving role of provinces and territories in trade negotiations The South China Sea in 2016. Towards recognising the global public good of the SCS Stephen Nagy discusses what is at stake in the South China Sea for countries in and outside the region AGOA and the future of US–Africa trade relations Cyril Prinsloo argues that while AGOA has been a boon to many African economies, as the deadline nears South Africa and other countries in SSA should seriously consider their relationship with the US G20 missed opportunities on trade and investment The International Chamber of Commerce Scorecard has revealed that the G20 made progress on a number of international business priorities but missed some important opportunities to advance trade and international investment policy frameworks Will India be able to achieve and sustain high growth rates? Richa Sekhani and Geethanjali Nataraj write that sustaining the growth rate requires India to take necessary steps to address both supply and demand side bottlenecks Solutions to the digital trade imbalance Susan Ariel Aaronson discusses how governments use trade agreements and policies to address cross-border internet issues and to limit digital protectionism Why leaving is the safer option Oliver Lewis says relations will be friendlier after a vote to leave as the United Kingdom will stop blocking European efforts to integrate Governments, businesses, and civil society: transparency builds trust Yılmaz Argüden says the elimination of unnecessary legislative, regulatory and administrative barriers represents the right and most cost-efficient economic stimulus available to governments today Climate change: putting a price on carbon Kurt Van Dender, Johanna Arlinghaus, Luisa Dressler, Florens Flues and Michelle Harding write that carbon taxes and emissions trading systems will play a more prominent role in the future in cutting emissions Internationalization of MSMEs crucial to inclusive growth ABAC sees the need to support and strengthen trade and investment linkages between MSMEs and big businesses, writes Doris Magsaysay Ho SMEs in need of diversified funding options The 2015 ICC Global Survey on Trade Finance reveals that bank funding constraints remain a major obstacle for SMEs. The answer is to increase their options says, Vincent O’Brien, trade finance expert and Chair of the ICC Banking Commission Market Intelligence Group The fall of Safe Harbour and the future of transatlantic data sharing The basis of Safe Harbour has been questioned for some time, and in recent years it has become increasingly apparent that an updated privacy regime is necessary, Natasha Simmons writes A tale of two unions James Bartholomeusz writes about how Brexit could break up the United Kingdom itself Why is China finding it hard to fight the markets? Alicia García-Herrero writes that China is sitting on a pile of debt, and the only way out is to deleverage: more pain now for sustainable growth later Africa’s uncompetitive trade deals The trade agreements that African countries enter into are in many cases undermining their development, rather than boosting it, William Gumede argues OBOR: will it reboot the Chinese economy? Pravakar Sahoo discusses the centrepiece of China's foreign policy, and looks at potential future issues Why Berlin and Paris cannot give in to Cameron Sebastian Dullien argues that British interests in protecting the integrity of the single market of 28 countries and the eurozone’s wish to move forward with more integration will inevitably clash Climate change, conflict and the sustainable development goals In those fragile states most in need of development progress SDG 16 is central to achieving immediate and future wellbeing, Alec Crawford asserts TPP: implications for India Geethanjali Nataraj and Pravakar Sahoo examine the likely implications of the TPP on India and set out a roadmap for India to prepare itself Africa at a fork in the road: taking off or disappointment again? Ernesto Zedillo introduces an eBook he co-edited that illustrates some of the ambitious but necessary steps needed to unleash the tremendous potential of the African people towards the development of their nations The rhetoric and reality of the Trilateral and Bilateral Summits: cautious optimism The recent trilateral and bilateral meetings provides an insight into the region's future trade, security and political relations, Stephen Nagy finds The quest for financial stability, economic growth, and returns on investment in the post-crisis global economy Jonny Greenhill and Gianluca Riccio say that greater coordination is needed to strengthen the pace of what is currently a lacklustre recovery An opportunity to meet further challenges 2015 offers the opportunity to end poverty, reduce inequality and to avert the destructive effects of a global temperature rise, Petros Fassoulas writes Innovation, decarbonisation, and Europe’s economic transformation Martin Porter writes that it is the time for Europe to lead – not just at COP21, but in its economic approach to the industrial innovation and the transition to a new economy The geopolitics of the TPP: reconfiguring regional architecture in East Asia Stephen Nagy argues that the TPP reconfigures regional architecture in East Asia away from a China-centred economic framework to one that will attenuate Chinese economic domination by the bifurcation ASEAN into TPP members and non-members One court to rule them all? The EU's proposal for a world investment court Hussein Haeri writes about European Commission calls for the creation of a world investment court to resolve investor-State disputes The EU-China’s Comprehensive Agreement on Investment A successful CAI could give a welcome boost to EU-China economic and trade relations and should be warmly welcomed by business, Fraser Cameron writes Brussels’s lobbying bonanza Pia Eberhardt, Lora Verheecke and Kenneth Haar write that EU politics is heavily skewed in favour of capital and transnational corporations and that TTIP would expand their power even further China in Africa Deepanshu Mohan and P Samuel Goweh analyse the regional trade patterns of ECOWAS and EAC with the Asian dragon Economic partnership as diplomacy in East Asia Economic liberalisation and integration initiatives are the most important foreign policy strategies in East Asia, Steven CM Wong states Mega regional trade agreements and the Indian economy Bipul Chatterjee and Kyle Cote assess the potential impact of the three mega RTAs on the Indian economy, with particular focus on the TPP and TTIP People, planet and prosperity With the countdown to UN Sustainable Development Goals well underway ICC lends a helping hand for businesses to foster their implementation Rethinking risk in an integrated Africa Christopher Wood looks at the impact of major new regional integration efforts on the continent On the road to Paris. A global deal is our business Emma Marcegaglia has 10 recommendations to ensure success in the COP21 international climate change negotiations Time is up for a Europe resting on its foreign policy laurels Daniel Schade explains why Europe’s status as an economic giant but political dwarf simply isn’t enough anymore Making the Digital Single Market a reality Andrus Ansip writes that the European Commission’s Strategy for the DSM lays down a marker for Europe’s digital future, creating a free, fair and open digital environment that is accessible to everyone
Reform, not renegotiation Lucy Thomas says David Cameron should push for changes that benefit businesses across Europe India’s new foreign trade policy: setting its own house in order The new FTP reveals a more calculated, and perhaps long overdue, approach, Bipul Chatterjee and Chenai Mukumba argue The Maritime Silk Road – an EU perspective Fraser Cameron writes that the MSR will have a major impact on global trade and international relations, especially EU-China relations The Tripartite: what to expect from Africa’s grand free trade area Matthias Bauer and Andreas Freytag say that it is essential for African leaders to push for more inter-African integration if African economies want to become less dependent from the rest of the world Modifying China-South Africa trade South Africa is struggling to cobble together a coherent long-term trade strategy to deal with China, William Gumede writes Regulatory cooperation in TTIP An important part of the TTIP will be dedicated to the removal of non-tariff barriers, Jan Teresiński writes Explicating on the need for sub-national economic activism Tridivesh Singh Maini and Deepanshu Mohan say it is imperative for India to mature as a federation while displaying strong ‘cooperative federalism’ Is there such thing as a gender wage gap? Gender discrimination in the workforce is yesterday’s problem, suggests Ben Southwood Human touch and the future of work Occupations that deal with complexity, supervising, assessing, deciding, teaching, but also care and personal interaction, will be most relevant in the future, Werner Eichhorst writes
Creating a grand Africa-wide free trade area: overcoming challenges, taking opportunities William Gumede examines ambitious plans to create an Africa-wide free trade area Towards a new global economic order – what does TTIP mean? The successful conclusion of TTIP negotiations would be regarded as a benchmark for future free trade agreements, Henning Vöpel and Jörn Quitzau find What future for Europe? What Europeans decide to do next will determine European’s quality of life, security and prosperity for generations to come, Benjamin Zeeb writes North America in the world of trade Working with Canada and Mexico, America’s capacity for innovation could be harnessed to develop solutions for shared economic, environmental, and resource-based challenges, Kent Hughes asserts What globalisation needs: world-class business education As business becomes more global, so too must professional education. John Danilovich discusses the need for professional education that is relevant, reputable and accessible worldwide India-EU FTA: problems and future prospects Geethanjali Nataraj writes that once India’s new foreign trade policy is announced the FTA talks can resume The EU is listening to business’ cries for reform Lucy Thomas says there is a third way of staying in the EU, engaging with the process, and building alliances for reform TTIP and the digital economy Erik van der Marel and Matthias Bauer contend that the TTIP could be used as a good starting point for the new global digital economy Why true free traders should push for a TTIP without investment protection Sebastian Dullien says free traders should aim for a limited TTIP with all tariffs removed and some harmonisation of standards, leaving open the potential for more in the future Cents and sensibility: disputing the TTIP Hussein Haeri and David Walker write about investment protection and ISDS in the TTIP A tale of two worlds Julio Saavedra examines Latin America’s competing trade blocs and finds that the Andes mountains not only mark a mighty geographic division, but an economic policy one as well. You would do well to go west What’s needed to lift growth over the longer term? The G20 Brisbane Action Plan is a reason for more optimism as we enter 2015, Jonny Greenhill and Stephan Mumenthaler write WCO Data Model: the bridgehead to connectivity in international trade The WCO is promoting the use of its Data Model, a collection of international standards on data and information required not only by Customs, but also by government agencies, in relation to the regulation of cross-border trade, Satya Prasad Sahu and Laure Tempier write One-sided relationship between Africa and China is increasingly irking Africans William Gumede asks whether China will make its relationship with the continent more equitable The Bali deal impasse prognosis Suparna Karmakar writes that the lack of strategic thinking worldwide may have grave consequences for the future of the global trade governance system Eastern Partnership at a crossroads Amanda Paul says the EaP in its current form has run its course, and there is now a broad recognition that there is a need for a more differentiated approach Just the (T)TIP of the iceberg? Jo Leinen investigates the nature of the TTIP, which is more an all-encompassing regulatory agreement, rather than a classical trade deal The possible merits of TTIP A sober look at the possible merits of TTIP is needed, Jacques Pelkmans writes The growing importance of the G20 and the way forward: an Indian perspective India believes it is important that the G20 keeps a watch on changes in composition, nature and distribution of global imbalances and their implications, and to steer work towards their underlying causes, asserts Geethanjali Nataraj The EU and immigration Robert Oulds finds that the issues surrounding immigration are used by both sides in the on-going debate as to whether or not Britain should remain in the European Union Do we have to be afraid of the future world of work? History has shown that human creativity and inventiveness are strong and will always find ways to cope with new situations, finds Werner Eichhorst Perspectives on tourism in the Black Sea area Tourism is more acceptable and preferable than any other industrial activity, as it is environmentally friendlier than most other industries, finds Zefi Dimadama The EU’s pivot to Asia Europe has steadily increased its engagement with the world’s most dynamic region and home to 60% of the global population, writes Fraser Cameron Did the crisis cause a change in globalization? Henning Vöpel and Hendrik Hüning examine the implications for international business of the change of the dynamic in globalization, which has been intensified by the damaging effect of the financial and economic crisis The EU and the City of London Robert Oulds says EU regulators threaten the UK’s position as a world leader in international business services Youth unemployment in Europe Werner Eichhorst provides pointers on what employers and policy makers can do to overcome one of the most pressing issues in Europe Bermuda: the gold standard in international commerce The Bermuda Department of E-Commerce find that a sophisticated technical infrastructure and significant support to local and international companies, all within a robust regulatory framework, has made international business the island’s largest economic sector Securing the future of the European defence industry: a ‘mission possible’ for the EU? Andrea Frontini examines recent trends and emerging challenges for the European defence industry The world is ready for a global economic governance reform, are world leaders? Global governance will have to adapt much more significantly and quickly or else risk becoming insignificant, argue Jim O'Neill and Alessio Terzi Bermuda, a world class international business centre Now is a perfect time to come to Bermuda which is continuing to build on its well-deserved reputation as a jurisdiction that caters superbly to the global marketplace, Ross Webber states A united, open and stronger Europe The EU is more than an economic project. It is a political one. It is a community of culture and of shared values and interests essential to forge a common destiny, asserts José Manuel Barroso
Global Trade Archive 2013 To link to archive articles click here Global Trade Archive 2012 To link to archive articles click here
Global Trade Archive 2014 To link to archive articles click here

THE GLOBAL TRADE PLATFORM