Thursday 29 Oct 2020 | 19:59 | SYDNEY
What's happening on

Global trade policy at a lull, but for how long?

Like a sailing ship caught in the doldrums, the international trade policy world seems stagnant and listless. Is there any fresh wind to be detected? Can we create some movement? In this coronavirus–dominated environment, nothing much is happening. The trend in global trade itself is not easy to

The world can still prosper from free trade

Did anyone notice that the United States–Mexico–Canada Agreement (USMCA), the revised NAFTA, entered into force on 1 July? If not, do not be too concerned, as the Covid-19 crisis has probably affected that as well. Still, this deal is (without getting too much into the weeds of whether it is

New Zealand: Running the marathon

Earlier this week, New Zealand moved out of total lockdown into a phase of continuing control on social movement, but with an opening of widespread economic activity. Schools reopened partially. It is estimated that about half a million people returned to work after a stand down of five weeks.

Murder on the Multilateral Express

Within 24 hours, the Appellate Body of the Word Trade Organisation will cease to function. Designed with seven members, the Appellate Body has seen its membership dwindling over the past three years, with the current headcount at three, the bare minimum necessary to form the quorum for a division

Decoding China's GOOD approach to the G20

With this year's summit season coming to an end, Turkey will officially hand over the G20 hosting baton to China on 1 December 2015. The Hangzhou Leaders' Summit has already been announced for 4 and 5 September 2016, slightly earlier than previous years to avoid clashing with the US presidential

The WTO is in big trouble

The Director-General of the World Trade Organisation (WTO), Roberto Azevedo, says the institution has descended into 'paralysis'.  Director-General of the World Trade Organisation, Roberto Azevedo, Bali, 2013. Following the failure to get India to remove its objection to advancing the

Global financial crisis: Did the system really work?

Much of the mountain of commentary and analysis of the 2008 Great Recession has been either critical (Paul Krugman might be typical), or a self-interested defence (Tim Geithner and Larry Summers provide examples). Daniel Drezner's The System Worked is atypical in two respects: he was not a