Policy Analysis
Trade and Subsidies: Undermining the trading system with public funds
"Solving this situation is not simply a matter of all sides showing marginal flexibility. It is not a matter of stumbling across the ingenious formula that everyone has missed in their haste. It is not a matter of cutting a few bilateral deals in the corridors and forcing a consensus on the more recalcitrant WTO members," writes Halle. "Instead, it requires recognizing that, in many ways, the current organization of both national and global economies seriously undermines the goals that trade liberalization is intended to serve, and recognition that we must retool the trading system to confront these issues.
This article will appear in October in "Peace and Prosperity through Global Trade," a joint publication of the Evian Group and the International Chamber of Commerce.
You might also be interested in
IISD's Best of 2024: Articles
As 2024 draws to a close, we revisit our most read IISD articles of the year.
IISD's Best of 2024: Publications
As 2024 draws to a close, we revisit our most downloaded IISD publications of the year.
Nations Are Exiting a Secretive System That Protects Corporations—One Country's Story Shows How Hard That Can Be
Bolivia was the first nation to begin leaving a legal system that allows foreign companies to sue governments behind closed doors. Now, other countries are following.
Costly modules drag India's solar deployment
The higher cost module in India has slowed down the country's deployment of solar energy projects between 2024 and 2026, according to IISD.