What can the G20 do to ensure a human centered trading system that benefits all countries?

While the world economy continues to be as connected by trade in goods and services as never before, the institutions governing global trade face an enduring crisis. Complemented by my-country-first narratives and rising tariff barriers by an increasing number of political leaders around the world, free trade is challenged. New types of trade, in services and data, create new challenges and require multilateral agreements to adequately govern them. And the COVID-19 pandemic makes the weaknesses of the optimized global production networks apparent. All these issues and problems have in common that the people can no longer fully benefit from trade. After a long period with a trading system fulfilling predominantly corporate interests, it is now time to step back and ensure a trading system that is centered on human needs and gains and that benefits all countries. This Global Table will discuss the required policy approaches.

Everybody who is registered and
logged in is able to contribute, to
comment and to ask questions.
You are not registered yet? Sign up here

Share this Global Table

Share on twitter
Share on facebook
Share on linkedin
Share on email

Keynote

Panel Discussion

Speakers

Keynote

Dani Rodrik

Harvard University, USA

Panel

Susan Ariel Aaronson

CIGI, USA

Gabriel Felbermayr

Kiel Institute for the World Economy

Anabel Gonzalez

PIIE, USA

Pascal Lamy

Jacques Delors Institute

Moderator:
Michaela Küfner

Deutsche Welle

Voices of the 2020 Young Global Changers

Ninety young people from around the world were selected to participate in the 2020 Global Solutions Summit as Young Global Changers. These young changemakers from academica, business and civil society contribute and debate in their various working groups on the Summit topics. Watch the video with statements and questions by the YGC Working Group on Trade, Investment and Growth!

The Young Global Changers regularly contribute to the Young Global Changers blog. Browse through the YGC blog and read more articles on trade and related topics, written by the Young Global Changers’ community.

Contribute to the Discussion

Drafts for Policy Briefs

Policy Briefs contain recommendations for important challenges on the G20 work agenda and are of interest to G20 policy makers. Find more information on G20 Insights

Comments and Statements

See the box below to provide questions and comments on the panel discussions: You can write, upload graphics or video statements via the comment function after successful login. 

Global Tables

Contribute to the program and submit a Global Table. To provide a Global Table as a partner, please contact us

Policy Recommendations, Policy Briefs and Articles

Policy Briefs on Trade, Investment and Growth

Policy Briefs contain recommendations and visions and cover policy ares that are of interest to G20 policymakers. The majority of the Policy Briefs has been developed by a corresponding T20 Task Force.

T20 Recommendations Report: Trade, Investment and Globalization

Compiled by Juliane Stein-Zalai (IfW Kiel) and Simon Wolf (Global Solutions Initiative)

Global Trade Cooperation after COVID-19: Can the G20 Contain Disintegration?

By Peter Draper (Institute for International Trade, University of Adelaide)

How COVID-19 will change the nation’s long-term economic trends

By Mark Muro, Tracy Hadden Loh, Martha Ross, Jenny Schuetz, Annelies Goger, Nicole Bateman, William H. Frey, Joseph Parilla, Sifan Liu, and Adie Tomer (Brookings)

The fiscal response to the economic fallout from the coronavirus

By Julia Anderson, Enrico Bergamini, Sybrand Brekelmans, Aliénor Cameron, Zsolt Darvas, Marta Domínguez Jíménez (Bruegel)

A crisis in times of crisis: Combating COVID-19 under sanctions in Iran?

By Sonali Chowdhury, Anna-Katharina Jacobs & Kathrin Kamin (Kiel Institute for the World Economy) 

The economics of wage compensation and corona loans: Why and how the state should bear most of the economic cost of the COVID lockdown

By Jean-Philippe Bonardi, Marius Brülhart, Jean-Pierre Danthine, Eric Jondeau & Dominic Rohner (University of Lausanne)

Rescuing the labour market in times of COVID-19: Don’t forget new hires!

By Christian Merkl (University of Erlangen-Nuremberg) & Enzo Weber (University of Regensburg)

The Helicopters Are Coming

By Willem H. Buiter (Columbia University)

Building effective short-time work schemes for the COVID-19 crisis

By Giulia Giupponi (Institute for Fiscal Studies) & Camille Landais (London School of Economics)

The labour market policy response to COVID-19 must save aggregate matching capital

By Shigeru Fujita (Federal Reserve Bank of Philadelphia), Giuseppe Moscarini (Yale University) & Fabien Postel-Vinay (University College London)

Join the Discussion

newest oldest most voted
Notify of
Rolf J. Langhammer Kiel Institute for the World Economy

My comment on Dani Rodrik’s address: Creating global regimes for global public goods is an ambitious and well-taken target which has not even been achieved in the EU, a deep integration scheme. In the EU health policies are not common but national policies. The covid-19 crisis has amply witnessed how heterogenous national health policies are between EU member states. Why is it so difficult to find common regimes for health (or other public goods) at the regional level between relatively homogenous countries which share a large number of common policies, not to speak of global regimes for countries with wide… Read more »

x

Upload Video

{{uploadProgress}}%

Video is uploading ... Processing video ...
It may take a few minutes
Upload completed

Register for Updates

Would you like to receive updates on the Global Solutions Initiative, upcoming events, G20-related developments and the future of multilateralism? Then subscribe here!

1 You hereby agree that the personal data provided may be used for the purpose of updates on the Global Solutions Initiative by the Global Solutions Initiative Foundation gemeinnützige GmbH. Your consent is revocable at any time (by e-mail to contact@global-solutions-initiative.org or to the contact data given in the imprint). The update is sent in accordance with the privacy policy and to advertise the Global Solutions Initiative’s own products and services.