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WTO 2.0: governance of global supply-chain trade

In: A World Trade Organization for the 21st Century

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  • Richard Baldwin

Abstract

The global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. The postwar global architecture was guided by major developed economies, centered around the IMF, the GATT, and the World Bank. Today, the balance of economic power is shifting toward emerging economies. Global governance and economic policy must reflect this shift. With contributions from prominent Asian and international trade experts, this book critically examines key changes occurring in the world trading system and explores policy implications for Asia.

Suggested Citation

  • Richard Baldwin, 2014. "WTO 2.0: governance of global supply-chain trade," Chapters, in: Richard Baldwin & Masahiro Kawai & Ganeshan Wignaraja (ed.), A World Trade Organization for the 21st Century, chapter 2, pages 12-47, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15991_2
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    References listed on IDEAS

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    11. Richard Baldwin & Javier Lopez-Gonzalez, 2015. "Supply-chain Trade: A Portrait of Global Patterns and Several Testable Hypotheses," The World Economy, Wiley Blackwell, vol. 38(11), pages 1682-1721, November.
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    Cited by:

    1. Mohamed Ismail Sabry, 2022. "Arab-German Trade and Institutions: The Effect of Good Governance on Arab Exports to Germany," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(5), pages 2400-2437, October.
    2. José C. Fariñas & Ana Martín-Marcos & Francisco J. Velázquez, 2021. "The Geographical Scope of Multinational Firms and Heterogeneity," Open Economies Review, Springer, vol. 32(4), pages 761-788, September.

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