cover image: Working Paper 22-6: WTO 2025: Enhancing Global Trade Intelligence

20.500.12592/ccxjjw

Working Paper 22-6: WTO 2025: Enhancing Global Trade Intelligence

20 Apr 2022

The World Trade Organization, and the General book World Trade Governance: The Future Agreement on Tariffs and Trade before it, were founded with the idea of providing of the Multilateral Trading transparency. [...] The reason, they said, was to contribute to improved adherence by all Members to rules, disciplines and commitments made under the Multilateral Trade Agreements and, where applicable, the Plurilateral Trade Agreements, and hence to the smoother functioning of the multilateral trading system, by achieving greater transparency in, and understanding of, the trade policies and practices of Members.21. [...] Bown, now at PIIE, in the introduction to a book he edited for the World Bank entitled The Great Recession and Import Protection: The Role of Temporary Trade Barriers, traces some of the history of the collection of data on restrictive trade measures. [...] The 2008 financial crisis sparked an immediate interest on the part of governments to understand whether the incidence of protection would be likely to cause the world economy to retreat from openness, sinking to a level resembling the Great Depression of the 1930s. [...] Page 98: However, just as turkeys don’t vote for Christmas, what is the incentive for the monitored to bolster the monitor? The final section of this report (pages 87-98) contains a comparison of the methodologies employed by the WTO and the GTA in identifying trade measures following the 2008 financial crisis.

Authors

Alan Wm. Wolff

Pages
25
Published in
United States of America