Podcasts

Back

The Crisis in World Trade

03
April 2019
Uri Daduch 
Related topics: 
Economy
Trade

Our Senior Fellow, Uri Dadush presents a Policy Brief entitled “The Crisis in World Trade” that he co-authored with 8 other experts. It provides decision-makers with a succinct review of the state of the trading system, to point to likely scenarios, and to serve as a background to or reference for the other six Policy Briefs prepared by the T20 Task Force on Trade, Investment and Globalization. The brief argues that the world trading system has been remarkably successful in many respects but that the present strain reflects causes that are deep-seated and require a strategic response.

RELATED CONTENT

  • Brazil As a Special Target of President Trump’s Tariff Hikes
    Authors
    Otaviano Canuto
    August 4, 2025
    An Executive Order issued on July 30 by President Donald Trump hiked United States tariffs on imports from Brazil by 40%, in addition to the 10% established on April 2—the so-called ‘Liberation Day’ when Trump set out ‘reciprocal tariffs’ on countries around the world.The decree came with a long list of exemptions for Brazilian exports. For a number of product lines, the 10% April 2 tariff will continue to apply. These include air transport equipment, orange juice, furniture, fuel, ...
  • Securing Africa’s Future: Ring-Fencing Development Financing in an Era of Security-Focused Economic Policy
    Authors
    Hinh T. Dinh
    Laura Rubidge
    July 25, 2025
    This paper was originally published on The South African Institute of International Affairs (SAIIA) In the face of Africa’s development challenges and the mismatch between long-term needs and short-term pressures, ring-fencing development expenditures offers a viable solution to secure sustainable financing for growth. ...
  • Annual Report on the African Economy 2025
    Authors
    Edited by
    Larabi Jaïdi
    July 14, 2025
    Available soon on livremoi. The 2025 edition of the African Economic Report continues in the spirit of previous versions. It presents a broad overview of the continent’s economic evolution and offers insights into Africa’s relationship with the rest of the world. In other words, it explores how Africa navigates the effects of global fragmentation within its regional spaces while pursuing its ambition of continental integration. ...
  • Download PDF
    Asian Economic Integration Led by Trade Liberalization: A Lesson for Other Regions
    Authors
    Otaviano Canuto
    Hung Q. Tran
    July 9, 2025
    Developing countries have few options to deal with the ongoing tariff war amid unpredictable shifts in global supply chains. However, regional economic integration offers a strategic path of development in these uncertain and challenging times. Helped by geographical proximity and cultural familiarity, countries in a region can benefit greatly from promoting trade with one another, reaping the benefits of comparative advantages and economies of scale—if they are able to establish a ...
  • حديث الثلاثاء: تقييم اتفاقية التبادل الحر بين المغرب وتركيا
    July 8, 2025
    حلقة اليوم من برنامج حديث الثلاثاء تناقش اتفاقية التبادل الحر بين المغرب وتركيا، التي وُقعت عام 2004 ودخلت حيز التنفيذ سنة 2006 بهدف تعزيز التجارة الثنائية. رغم ارتفاع حجم المبادلات، سجل الميزان التجاري عجزاً متزايداً لصالح تركيا تجاوز 3 مليارات دولار سنة 2024، رغم تعديل الاتفاقية سنة 2...
  • Download PDF
    The Global Impact of President Trump's Reciprocal Tariffs: Implications for Developing Countries
    Authors
    Hinh T. Dinh
    Otaviano Canuto
    June 23, 2025
    President Donald Trump's "Reciprocal Tariff" policy, announced on April 2, 2025 (dubbed "Liberation Day"), represents one of the most significant shifts in U.S. trade policy in nearly a century. Trump’s policy imposes a baseline 10% tariff on all imports and additional country-specific tariffs that range from 10% to 50% for countries designated as having "non-reciprocal trading practices" with the U.S. These specific tariffs are determined based on each country’s bilateral trade bal ...
  • حديث الثلاثاء : المغرب وتحديات الرسوم الجمركية في عهد ترامب
    May 6, 2025
    في بداية شهر أبريل، أعلن الرئيس الأمريكي دونالد ترامب عن سلسلة من الإجراءات التجارية الجديدة، أبرزها فرض رسوم جمركية بنسبة 10% على معظم الواردات الأمريكية، مع زيادات تصل إلى 145% على بعض المنتجات القادمة من دول محددة، خاصة الصين. هذه القرارات أثارت مخاوف واسعة في الأوساط الاقتصادية بشأن...
  • The Spring of Tariff Regret
    Authors
    Otaviano Canuto
    May 5, 2025
    Last week marked my twenty-third consecutive week attending the World Bank and IMF Spring Meetings in Washington, DC. While I no longer participate in the official sessions, I continue to be invited to the many side conventions and debates that surround them.A key moment is always the release of the IMF's World Economic Outlook report. This year, it drew particular attention due to curiosity about how the institution would project the impacts of the tariff war initiated by Trump’s s ...
  • The Spring of Tariff Regret
    April 29, 2025
    At the recent World Bank and IMF Spring Meetings, heightened attention focused on the IMF’s downgraded global economic forecasts. Global growth is now projected at 2.8% for 2025 and 3% for 2026, down from 3.3% in 2024, largely due to rising trade barriers initiated by Mr. Trump’s second...