Selected for the Global Economic Symposium 2009

Selected for the Global Economic Symposium 2009

After a long period of successful unilateral and multilateral dismantling of protectionism, the current crisis appears to herald the beginning of new restrictions on international trade. Industrialised countries have begun to subsidise their national champions and risk the breakup of cross-border value added chains.

Emerging markets and developing countries have [Lesen Sie weiter...]

Selected for the Global Economic Symposium 2009

The financial crisis and the resulting global downturn have unwound some of the old global imbalances. For example, U.S. household consumption as a proportion of income has fallen; Chinese government spending relative to GDP has increased. Nevertheless, the economic turmoil may give rise to new patterns of global imbalances.

Governments’ [Lesen Sie weiter...]

Selected for the Global Economic Symposium 2009

To promote the creation and dissemination of knowledge in a globalizing world, public finance of R&D and the patent system must be helped work together. The traditional public finance provision of knowledge is often inhibited by financial restrictions. The traditional patent system, on the other hand, may restrict [Lesen Sie weiter...]

Selected for the Global Economic Symposium 2009

How can the international trading system be brought back onto its past successful track? By making the actual levels of liberalization binding and anchoring non-discrimination everywhere in the system or by striving for a low level of trade barriers? How can the system be strengthened against emerging threats of [Lesen Sie weiter...]

Selected for the Global Economic Symposium 2009

Globalization has made the world interconnected as it has never been heretofore. The dangers of this interconnectedness are becoming increasingly obvious in the face of the financial crisis of 2008, the dangers of climate change, the breakdown of the Doha Round on international trade, the threat of nuclear proliferation, [Lesen Sie weiter...]

Selected for the Global Economic Symposium 2009