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Trade in the 21st Century: Back to the Past?

  • Tuesday, June 15, 2021
  • 1:00 PM - 2:00 PM

A webinar by the International Trade Club of Chicago and OWIT International

Presented by:

Despite troubled trade negotiations, global trade—and trade policy—will thrive in the twenty-first century, but with a bow to the past.

This new volume, edited by Bernard M. Hoekman and Ernesto Zedillo, assesses the relevance of the WTO in the context of the rise of China and the United States’ turn toward unilateral protectionism.

The contributors adopt a historical perspective to discuss changes in global trade policy trends, adducing lessons from the past to help understand current trade tensions. Topics include:

  • responses to U.S. protectionism under the Trump administration,
  • the policy dimensions of trade in services and the rise of the digital economy,
  • how to strengthen the WTO to better negotiate new rules of the game and adjudicate disputes,
  • managing China’s integration into the global trade system, and
  • the implications of global value chains for economic development policies.

By reflecting on past episodes of protectionism and how they were resolved, Trade in the 21st Century provides both context and guidance on how trade challenges can be addressed in the coming decades.

This presentation is designed for the global trade practitioner who:

  • asks whether the multilateral trading order of the twentieth century is a historical artifact.
  • questions whether the creation of the World Trade Organization in 1995 was the high point of multilateral cooperation on trade.
  • Is skeptical that the Biden administration’s trade policies are fundamentally different from his predecessor’s.

Welcome and introductions by:

Karl L. Buschmann, Executive Director, International Trade Club of Chicago

Stephanie Sherrod, Co – Vice President of Programming, OWIT International

Moderated by:

Steve Kase, Vice President, International Trade Club of Chicago

Closing remarks and adjournment by:

Karl L. Buschmann, Executive Director, International Trade Club of Chicago

Register

No charge to OWIT Members or ITCC Members with discount code. OWIT Members: Contact vp-membership@owit.org for discount code.


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