One of the serious shortcomings of the global trading order – as represented by the WTO & its multilateral rules-based system – is that it is based on a commercial world that no longer exists. The rules are not adequate to deal with modern trade challenges, particularly climate change & decarboniztion. This short piece suggests… Read More »
In January 2023, I wrote an opinion piece for the Globe and Mail (Toronto) about the coming year’s prospects for the multilateral trading system, giving all the problems confronting the WTO. The piece outlines, in brief fashion, some themes for the year to come. Globe and Mail – Challenges for Global Trade in 2023
The Ukraine war has resulted in a huge array of Western sanctions, extraordinarily coordinated, that will be a lasting element in the global trading order. This opinion piece in the Globe in May 2022 explains their impact and the political difficulties of winding these down, even if and when this war ends. Russian Sanctions Will… Read More »
The WTO is facing internal stresses (governance and others) and serious external challenges (the disatrous Russian invasion of Ukraine). The question addressed in this op-ed piece in the Globe & Mail, 4 April 2022, is whether the Organisation can overcome these and move forward. WTO’s Waning Influence – Globe 4 Apr 2022