< Back

Think Tanks / Academia

The Global Dialogue on Trade brings the unique expertise of think tanks and academic institutions to the debate.

Bertelsmann Stiftung

1

Bertelsmann Stiftung

If international trade is not governed by rules, mere might dictates what is right. The World Trade Organization ensures that the rules of trade policy are determined through international cooperation and inspired by fairness and reciprocity rather than national interest. It is more important than ever to defend this precious institution against various threats that are eroding the foundations of our prosperity.”

Brookings

Brookings

The reform and strengthening of the World Trade Organization should be a priority for all WTO members. The WTO system has underpinned growth in trade, improving the livelihoods of people globally. This has been achieved while providing flexibility for WTO members to implement domestic policies to achieve legitimate domestic regulatory objectives. Yet, the world economy has developed and changed since the Uruguay Round negotiations concluded in 1994 and while there has been some important progress at the WTO on discrete agreements such as trade facilitation, for the WTO to remain relevant will require agreeing new rules in a range of areas such as on state-owned enterprises and digital trade. In addition, an effective and independent dispute settlement mechanism will remain an indispensable component of any reformed multilateral rules-based system.”

Joshua Meltzer, Senior Fellow
Global Economy and Development at Brookings

CARI

CARI

A multilateral system of world trade based on rules, whose compliance is not left at the discretion of each nation, is highly relevant so that zero sum interactions and disorder do not prevail. Beyond its deep economic impacts, if implemented on global scale protectionist bilateralism could also harm the efficacy of global governance.”

Delors Institute

1

Delors Institute

The WTO needs its two legs: litigation and negotiation. It is by bringing China to the negotiating table that we can restore the confidence of the United States in the ability of the WTO to enforce fair rules. This would enable the litigation component to continue to playing its role in reducing trade tensions.”

EABER

EABER

The multilateral trade regime has not been under such existential threat since its establishment. The regime underpins global prosperity and political security, especially in Asia where high levels of trade interdependence are critical to the achievement of comfortable and sustainable living standards, peace, political stability and security. There is no higher international priority than working together through this dialogue to defend and strengthen the global trade regime.”

FGV EESP

FGV EESP

The cornerstone for a sustainable international trade is a well-functioning multilateral trading system. The World Trade Organization (WTO) has the leading role in providing such a system in a way economies from all sizes can benefit from it. The world is in need of a new and reformed WTO to the current dynamic of international trade players. For instance, it is necessary to introduce in the agenda of the WTO topics such as the discussion on a mechanism to balance the concept of a member-driven organization with efficiency in the decision-making process, digital trade, voluntary sustainable standards and the role of the multilateral trading system in the global economic governance.”

Groupe Initiative Afrique

2

Groupe Initiative Afrique

We are in favor of a rules-based multilateral trading system but that can involve late coming partners in a global balanced development process.”

GTPA

2

GTPA

It is imperative that those countries embracing and promoting the importance of freer, rules-based trade and trade liberalisation continue to support the WTO, contribute to its evolution and recommit to championing trade, even as we all work together to address current imperfections in the architecture of international commerce. Maximising the benefits of international trade and investment for all through effective policy design and deployment must be a shared responsibility and priority of all levels of government, international institutions and regulatory authorities, and must take into consideration the importance of policy consistency across jurisdictions when necessary.

Now is the time that we need to engage more businesses to actively engage in the trade policy debate and we need to hear directly from the business community to help look at how the global multilateral based trading system can be “reformed” so that free and fair trade works for all businesses, which also includes MSMEs who are the backbone of most economies globally and the generator of jobs for the future.”

Lowy Institute

Lowy Institute

The multilateral trading system has been essential to rising global prosperity. But today it faces fundamental challenges on multiple fronts. The need now is to find new solutions that can credibly address the existing system’s shortcomings while retaining as many of its strengths as possible. Doing this will be critical to both the global economy and the future of multilateral cooperation.”

Mitsui & Co.

2

Mitsui & Co.

Coming soon

SAIIA

SAIIA

Reforming the multilateral trade order is essential for resolving the ongoing crises, unlocking the Doha deadlock, and maintaining a level playing field. The existing rules-based system serves to ensure that the most vulnerable countries are not subjected to unfair trade policies, and the World Trade Organisation serves as an important platform and mechanism for ensuring a rules-based system that treats all countries as equals and which promotes development through trade.”

Singapore Management University

1

Singapore Management University

As global trade rules undergo greater scrutiny and debate, our young people need to be engaged in these discussions to understand the world they will work in. Educators therefore need to work with global trade stakeholders to provide more opportunities for inclusive learning and dialogue on global trade issues in the fast-evolving digital age.”

University of St Gallen

3

University of St Gallen

Cross-border business is risky enough without managers having to work about capricious policy changes by governments. At its best, the multilateral trading system defines the rules of the game for governments, cutting the risks faced by businesses. The beneficiaries are not just companies and their shareholders. Their staff and the staff at companies that depend on imported parts, components and raw materials need this system to work. So do their families. As do consumers who buy food, medicines, new technology and other services from abroad. Everyone has a stake in a properly functioning effective rules-based trading system.”

World Economic Forum

2

World Economic Forum

Coming soon…