6 Feb 2017
Other, 17:30 - 19:00, Silva Casa Auditorium, World Trade Institute
Distinguished lecture: The United States, European Union, and China: Imminent Challenges to the Multilateral Trading System
On 6 February 2017, Chad Bown, Senior Fellow at the Peterson Institute for International Economics in Washington, DC and Research Fellow at CEPR in London, will hold an afternoon lecture on 'The United States, European Union, and China: Imminent Challenges to the Multilateral Trading System'. Prof. Manfred Elsig, Director NCCR Trade Regulation and Deputy Managing Director World Trade Institute, will moderate the discussion.
The presidential election of Donald Trump, a series of votes across the European Union, and the 15th anniversary of China's entry into the World Trade Organization made 2016 a potentially pivotal year for the rules-based trading system. In the United States, generations of workers have failed to adjust to the increasingly disruptive forces of automation and globalization. A sufficiently sizable share of the skeptical US electorate thus chose a new President who appears to value deals more than rules. The European Union has also been forced to turn increasingly inward – time after time since the global financial crisis – to address a series of first economic and now political crisis. And while China wrestles with its own period of adjustment away from an export-oriented to a consumer-based economy, it is under external attack for not having transformed into the market economy that its trading partners had hoped. Is the timing and combination of these issues a serious threat to the multilateral, GATT/WTO system, just as it nears its 70th birthday?
Attendance is free, but registration is required. To register, and for more information, see the attached pdf.