The world is in a fragile state. Graham Bright considers the global trade landscape and fears that rather than a golden age, we must all be prepared to endure sustained and growing risks of global political instability and conflict
Fear, uncertainty and doubt and the rise of economic nationalism Read More »
There are moments when foundations that seem unbreakable begin to shift, says Christine Lagarde. She believes the euro could become a viable alternative to the dollar, earning the EU immense benefits, if governments could strengthen the bloc’s financial and security architecture
Earning influence: lessons from the history of international currencies Read More »
Ignacio García Bercero argues that the current turbulence being experienced by the world economy is also an opportunity for the EU to forge a coalition in support of rules-based trade and global trading system reform
How the EU should plan for global trade transformation Read More »
Lesetja Kganyago discusses the strengths, achievements, and challenges of the G20, particularly focusing on how process issues hinder effective policy formulation, emphasizing the need for a more focused agenda and streamlined processes to enhance the G20’s effectiveness
Challenges of the G20, the premier forum for economic cooperation Read More »
Agnès Bénassy-Quéré considers the idea that there could be lasting reversal of exchange rates following an international currency agreement highly speculative, and argues that a multipolar system would attenuate the Triffin dilemma and provide the US with a deficit-adjustment tool
Is the international monetary system unfair? Read More »
The European Union should form an international open trade coalition in response to Trump’s tariffs, says André Sapir. A formal commitment to open rules-based trade by the EU and likeminded countries is essential to respond to today’s dangerous new trade reality
The EU reacting to the new reality Read More »
The tariff measures represent a seismic shift in the global trading landscape. Simon Evenett and Johannes Fritz discuss how the US has moved away from rules-based trade governance toward a results-oriented and probably a more transactional approach
Upending the global trade policy landscape Read More »
Biagio Bossone is an advisor to international organizations (including AfDB, BIS, IMF, IOSCO, World Bank), government agencies and financial institutions In a recent Vox column, Michael Bordo and Robert McCauley argue convincingly that we are no longer in ‘Triffin land’. They are responding to the revival of the Triffin dilemma by Stephen Miran, Chair of
Not Triffin, not Miran: rethinking US external imbalances in a new monetary order Read More »
Trump’s tariff announcement marks a turning point. Ignacio García Bercero argues that the European Union should work with Indo-Pacific and Global South trade partners to tackle US protectionism and push for WTO reform
The EU and Indo-Pacific countries should head a Trump-tariffs response force Read More »
Trade agreements increasingly include a focus on sustainability goals. Joseph Francois, Bernard Hoekman, Miriam Manchin and Filippo Santi examine the impact of environmental, labour, and civil rights provisions in trade agreements on related outcomes in developing countries
Non-trade objectives in trade agreements Read More »
