1. Home
  2. Studies
  3. Key Issues for Reforming the World Trade Organization
Jürgen Matthes / Kyungjin Song / Chris Hattingh / Stephen Ezell / Philip Thompson External Publication 28. September 2021 Key Issues for Reforming the World Trade Organization

The members of the Global Trade & Innovation Policy Alliance (GTIPA), a network of over 40 think tanks in 26 nations, have come together to articulate a positive vision that trade, globalization, and innovation—if conducted on private enterprise-led, market-based, rules governed terms—can maximize welfare for the world’s citizens (GTIPA, 2017).

To Download
Key Issues for Reforming the World Trade Organization
Jürgen Matthes / Kyungjin Song / Chris Hattingh / Stephen Ezell / Philip Thompson External Publication 28. September 2021

Key Issues for Reforming the World Trade Organization

To Download

Share this article:

or copy the following link:

The link was added to your clipboard!

German Economic Institute (IW) German Economic Institute (IW)

The members of the Global Trade & Innovation Policy Alliance (GTIPA), a network of over 40 think tanks in 26 nations, have come together to articulate a positive vision that trade, globalization, and innovation—if conducted on private enterprise-led, market-based, rules governed terms—can maximize welfare for the world’s citizens (GTIPA, 2017).

The members of the GTIPA believe the World Trade Organization (WTO) can play a critical role as a forum for the establishment of rules that enable global trade to occur in a free, fair, and market-oriented manner in accordance with the foundational principles of national treatment, nondiscrimination, transparency, and reciprocity and serves as a forum for the (ideally) impartial, rules-based, and timely adjudication of trade disputes among member nations. A well-functioning WTO is indispensable to a well-functioning international economy. Unfortunately, the WTO is an increasingly constrained organization: It has failed to deliver any new significant trade-liberalizing agreements since the original Information Technology Agreement (ITA) in 1996, progress on the Doha Round remains interminably stalled, and the Appellate Body (AB) system appears broken. Perhaps most worryingly, some nations, particularly China, have elected to embrace economic and trade strategies and policies that are fundamentally antithetical and inconsonant with their WTO commitments, with the WTO proving powerless to effectively intercede. This monograph— authored by a subset of GTIPA members—explores the leading challenges facing the WTO and offers a number of policy recommendations for how to address them

To Download
Key Issues for Reforming the World Trade Organization

To Download

German Economic Institute (IW) German Economic Institute (IW)

Share this article:

or copy the following link:

The link was added to your clipboard!

More on the topic

Read the article
An initial assessment of the economic and political consequences for the UK
Berthold Busch IW-Analyse No. 150 28. July 2022

After Brexit: An initial assessment of the economic and political consequences for the UK

The British hopes for a high Brexit dividend as a result of the United Kingdom’s departure from the European Union have not been fulfilled.

IW

Read the article
Manuel Fritsch / Christoph Schröder IW-Trends No. 2 4. July 2022

The impact of disrupted production on producer prices in Germany

From 2020 to 2021 the producer prices of manufactured goods in Germany increased by 6 per cent. However, price hikes accelerated during 2021, a development which has continued into 2022.

IW

More about this topic

Content element with id 8880 Content element with id 9713