Just as domestic trade, international trade offers opportunities for corruption, but is also a victim of corruption. Pascal Lamy explains the potential of rules on corruption in the framework of the World Trade Organization (WTO) and his idea of a specific WTO anti-corruption agreement.
In today’s tribe of internationalists, my good friend He Yafei is no ordinary pundit. Having spent part of his career in the engine room of various multilateral diplomatic postings, he knows how the system works. Having also served as a deck officer, assessing the force and the direction of the economic and political winds and […]
I will argue that we are transitioning from an old world of trade to a new world of trade where trade opening has become a very different game. This transformation has major consequences which will likely – and hopefully – impact the international trading system, be it in terms of principles, policies, and even mandates, […]
BRUSSELS — We are transitioning from an old world of trade to a new world, where trade opening has become a very different game of great consequence for the future. The old world of trade was a world where production systems were national and where obstacles to trade were about protecting domestic producers from foreign […]
Since the creation of the General Agreement on Tariffs and Trade (GATT) in 1947, the multilateral trading system has ranked as one of the shining successes of international cooperation. Recently, it was shown to have great resilience in containing protectionist pressures during the 2008 global financial and economic crisis. This was in marked contrast to […]
Europe and the United States have everything to gain from TTIP as the initiative aims to further open up transatlantic trade. Yet there is still a need to reach agreement over that openness means in today’s climate.
Pascal LAMY 