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What If Multilateral Trade Cooperation Is Dead?
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Corporate Editor
Forschungsinstitut der Deutschen Gesellschaft für Auswärtige Politik e.V.
Abstract On January 1, 2030, a cold fog seeps over the headquarters of the World Trade Organization from Lake Geneva. This day should mark the WTO's 35th birthday, but there are no big celebrations. The halls of the stately building, which once buzzed with activity, are empty. The WTO, which for decades ensu... view more
On January 1, 2030, a cold fog seeps over the headquarters of the World Trade Organization from Lake Geneva. This day should mark the WTO's 35th birthday, but there are no big celebrations. The halls of the stately building, which once buzzed with activity, are empty. The WTO, which for decades ensured rule-based trade and held power politics at bay, is all but dead. China and the United States have long abandoned the organization and the EU recently followed. This scenario not only illustrates where forsaking multilateral cooperation can lead but also provides context for better navigating today’s challenging geo-economic environment.... view less
Keywords
world trade; foreign trade; export policy; multilateralism; international cooperation; WHO; power politics
Classification
National Economy
International Relations, International Politics, Foreign Affairs, Development Policy
Document language
English
Publication Year
2022
City
Berlin
Page/Pages
2 p.
Series
DGAP Memo, 3
ISSN
2749-5542
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0