Beyond the WTO — Cornerstones of a Sustainable Trade Order after Corona

Abstract The World Trade Organization (WTO), with its tasks of dismantling trade barriers, liberalising international trade and settling trade disputes, has been badly hit. The organisation’s 25-year history has led to countries with varying degrees of success despite identical rules. The emerging a...

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Main Author: ZG Überblick
Format: Article
Language:deu
Published: Sciendo 2020-05-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-020-2645-z
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author ZG Überblick
author_facet ZG Überblick
author_sort ZG Überblick
collection DOAJ
description Abstract The World Trade Organization (WTO), with its tasks of dismantling trade barriers, liberalising international trade and settling trade disputes, has been badly hit. The organisation’s 25-year history has led to countries with varying degrees of success despite identical rules. The emerging and industrialised countries who have shown ever stronger protectionist tendencies since the financial crisis of 2008 are among the winners. The Corona crisis has exacerbated these tendencies. Multilateral agreements are becoming more meaningful. It is important for Europe to reduce its structural weaknesses and strengthen its negotiating position vis-à-vis China and the USA.
format Article
id doaj-art-546077bdd44f4c5498a557e4e207ab2f
institution Kabale University
issn 0043-6275
1613-978X
language deu
publishDate 2020-05-01
publisher Sciendo
record_format Article
series Wirtschaftsdienst
spelling doaj-art-546077bdd44f4c5498a557e4e207ab2f2025-02-02T08:22:41ZdeuSciendoWirtschaftsdienst0043-62751613-978X2020-05-01100531431410.1007/s10273-020-2645-zBeyond the WTO — Cornerstones of a Sustainable Trade Order after CoronaZG ÜberblickAbstract The World Trade Organization (WTO), with its tasks of dismantling trade barriers, liberalising international trade and settling trade disputes, has been badly hit. The organisation’s 25-year history has led to countries with varying degrees of success despite identical rules. The emerging and industrialised countries who have shown ever stronger protectionist tendencies since the financial crisis of 2008 are among the winners. The Corona crisis has exacerbated these tendencies. Multilateral agreements are becoming more meaningful. It is important for Europe to reduce its structural weaknesses and strengthen its negotiating position vis-à-vis China and the USA.https://doi.org/10.1007/s10273-020-2645-z
spellingShingle ZG Überblick
Beyond the WTO — Cornerstones of a Sustainable Trade Order after Corona
Wirtschaftsdienst
title Beyond the WTO — Cornerstones of a Sustainable Trade Order after Corona
title_full Beyond the WTO — Cornerstones of a Sustainable Trade Order after Corona
title_fullStr Beyond the WTO — Cornerstones of a Sustainable Trade Order after Corona
title_full_unstemmed Beyond the WTO — Cornerstones of a Sustainable Trade Order after Corona
title_short Beyond the WTO — Cornerstones of a Sustainable Trade Order after Corona
title_sort beyond the wto cornerstones of a sustainable trade order after corona
url https://doi.org/10.1007/s10273-020-2645-z
work_keys_str_mv AT zguberblick beyondthewtocornerstonesofasustainabletradeorderaftercorona