Where is global trade and investment governance headed? A Tour d’Horizon

Photo: Trump Towers

Since the US created the post-World War Two liberal international order and is still the pre-eminent global power notwithstanding the growing Chinese challenge, it is uniquely placed to determine the trade and investment system’s fortunes. The answer to the question posed in the title, therefore, depends fundamentally on the medium-term trajectory of US politics, and the resultant US position in the world. Accordingly, in this blog I put forward my analysis of where the US political system is headed under President Donald J. Trump, how key countries are responding, and the ensuing implications for the global trade and investment system.

The ‘China Shock’ : Three Phases of China-enhanced Globalization

The rising living standards that have come with China’s opening in the 1980s initially lent widespread support to the view of trade as a key engine of economic growth, North and South. For low- and middle-income countries, the rise of China has been shown to be a boon during the 2000s. As a result, the impact of China on both the low- and middle-income countries has grown significantly, while the impact of OECD countries has significantly declined.

Die Entwicklungszusammenarbeit nicht mit Ansprüchen überfrachten!

Image: labyrinth

Widersprüche und Zielkonflikte verdeutlichen

Wir haben viele Wünsche an die Entwicklungszusammenarbeit. Viele sind widersprüchlich und nicht alle sind realistisch. Setzen wir mutig klare Ziele und diskutieren Zielkonflikte auf offene Weise! Sonst kommt es nachher zu unangenehmen Überraschungen.

 

Development cooperation between China and Germany should move beyond the donor-recipient model

Image: Chinese Wall

Moving beyond the traditional model

China and Germany have developed a remarkable bilateral relationship over many years. Although China still needs support from Germany in many areas, it is now time for China and Germany to build a new partnership via development cooperation modalities to contribute to global sustainable development.

Two Ideas for the G20 to keep the US in the climate-change lifeboat

Image: Céline CharveriatAt the recent G7 energy ministerial in Rome, the Trump administration’s listlessness on climate change prevented attendees from being able to sign off on an endorsement of the Paris climate deal. With the G7 leaders summit in Taormina now only one month away, and the G20 leaders summit in Hamburg only two months after that, it seems Donald Trump is yet to be won over by those in his cabinet who believe it would be a mistake for an American President to attend both summits as the first world leader to cut and run from the Paris Agreement.