Trade Talks 180. The WTO is in trouble. Econ 101 to the rescue?
Mar 12, 2023
Exploring the challenges faced by the WTO, from past failures to current issues like China's economy and climate change. Discussing the economic basis of the WTO, reciprocity in tariff negotiations, and the impact of trade wars. Addressing China's role as a non-market economy and navigating WTO rules with carbon taxes. Reflecting on the mentorship that inspired the creation of the podcast.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9
Introduction
00:00 • 2min
Economic Basis and Objectives of the WTO
01:56 • 12min
Understanding Reciprocity in WTO Tariff Negotiations
14:14 • 17min
Reciprocity Norm in Trade Negotiations
31:44 • 9min
discussion on the impact of WTO negotiations and Trump trade war tariffs
40:52 • 2min
China's Role in the WTO and Market Access Commitments
42:26 • 11min
Navigating WTO Rules in the Context of Carbon Taxes
52:56 • 13min
discussion on the role of the World Trade Organization in tackling new issues
01:05:26 • 1min
Gratitude to a Mentor
01:06:51 • 4min