In this blog, GEG’s Carolyn Deere-Birkbeck argues that Ministers should use this Ministerial Conference to take leadership and push discussion of institutional reform and governance higher up the multilateral trade system’s official agenda. With just over one week remaining before the Seventh WTO Ministerial Conference (30 November – 2 December 2009), WTO reform and the functioning of [...]
Though our work and research on matters of global economic governance continues, our posting here does not. For up-to-date information on the latest GEG news and research, please check the main GEG website and Facebook page.
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Tags: developing countries, governance, institutional reform, Ministerial Conference, multilateral trade system, sustainable development, trade, wto
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Strengthening Multilateralism: A Mapping of Proposals on WTO Reform and Global Trade Governance
4 CommentsThe Global Economic Governance Programme is pleased to announce the release of a discussion draft of Strengthening Multilateralism: A Mapping of Proposals on WTO Reform and Global Trade Governance, by Carolyn Deere-Birkbeck and Catherine Monagle, and jointly published with the International Centre for Trade and Sustainable Development (ICTSD).
Tags: developing countries, governance, institutional reform, Ministerial Conference, multilateral trade system, sustainable development, trade, wto
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March 17, 2009 / aid, climate change, financial crisis, G20, imf, trade, world bank, wto
When the latest efforts to close the Doha Round ended abruptly in December 2008, entrenched negotiating positions were a factor; but underlying systemic issues, ignored in many accounts of the stop-and-start history of the Round since 2001, were of greater significance: these include countries trading more but earning less; the dangers of premature deindustrialization; a growing technological divide and diminishing policy space. While addressing these systematic challenges will be key to the future stability of the multilateral trading system, the immediate threat to international trade comes from a deeply dysfunctional system of unregulated finance. Fixing that should be the urgent priority of the international community.
Tags: developing countries, G-20, governance, trade
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March 17, 2009 / climate change, financial crisis, G20, imf, trade, world bank, wto
The most critical challenge for global economic governance is to find effective and fair ways of mitigating and adapting to climate change whilst at the same time reducing global income inequalities and realizing the development aspirations and unrealized human potential of millions of people in developing countries. Recent evidence, for example on sea level rise and the shrinking summer ice in the Arctic Ocean, suggests that climate change is occurring even faster than models pronounced by the Intergovernmental Panel on Climate Change (IPCC) have predicted. Biophysical feedback mechanisms, too often omitted from climate models, are likely to be a key factor in the underestimation and are likely to make climate change irreversible once critical atmospheric temperatures are passed. How fast we act will affect both the magnitude and reversibility of climate change. Some say 2015 will be too late; but even if they are wrong, the climate issue will certainly be at the top of the public agenda by then.
Tags: climate change, developing countries, financial crisis, G20, governance, trade
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November 28, 2008 / climate change
The UNFCCC Climate Change Conference in Poznan, Poland from 1-12 December comes right in the middle of climate negotiations launched last year in Bali and scheduled to be completed in Copenhagen in 2009. Developing countries have submitted several proposals. Will Poznan give momentum to discussions on the governance of a post-2012 climate regime?
Tags: arunabha ghosh, Bali Road Map, climate change, Copenhagen, developing countries, enforcement, financing, governance, monitoring, Poznan
