Did the protectionist dog bark? Transparency, accountability, and the WTO during the global financial crisis
Leaders of the G20 promised repeatedly that they would refrain from trade restrictions in response to the global financial crisis that began in 2008, and that they would minimize the negative impact on trade and investment of stimulus measures.
They also promised to hold themselves accountable for this commitment using a novel transparency mechanism based in the World Trade Organization (WTO). At the same time, the Global Trade Alert (GTA) set itself up as an alternative accountability mechanism. A detailed comparison of GTA and WTO data on the number of measures each found, and of their ability to offer robust interpretations of the measures, allows both a check on the official story, and a consideration of how transparency can help to close the gap between commitment and action, thereby contributing to accountable global governance.
You might also be interested in
Joint Statement on Micro, Small, and Medium-Sized Enterprises: History and latest developments in the Informal Working Group
This brief outlines the history and developments of MSME-related discussions in the World Trade Organization (WTO) context, looking specifically at MSME-related issues at the WTO as well as in other forums and contexts.
Code Shift: The environmental significance of the 2022 amendments to the Harmonized System
This report explains how recent amendments to the harmonized coding system used to track international merchandise trade will help improve the monitoring of trade in both environmentally sensitive products and environmental goods.
Exploring the Trade Impacts of Fossil Fuel Subsidies
How do fossil fuel subsidies affect competitiveness and trade in various markets, and what is the likely scale of such impacts? This paper sheds light on the relevance of fossil fuel subsidies from an international trade policy perspective, in particular for the WTO.
Investment Facilitation: History and the latest developments in the structured discussions
This negotiating brief was prepared for the January 28, 2020 seminar in Geneva on the Joint Statement Initiative on Investment Facilitation.