World Trade Out Of Order? The Struggle Of Rebalancing Trade Between China, the EU and the U.S.

© DAZ Stuttgart

Podiumsdiskussion mit Andy Halus, U.S. Consulate General Frankfurt, Prof. Dr. Frank Hoffmeister, European Commission & Prof. Dr. Gabriele Spilker, University of Salzburg

75 years ago, the Bretton Woods Agreement established a new international monetary system during the “Golden Age” of multilateralism and economic cooperation. Even though the Bretton Woods institutions have been remarkably resilient over time, multilateralism and specifically multilateral trade agreements are facing a severe crisis. Rising protectionism and bilateralism, the ongoing trade war between the world’s two largest economies, tariff disputes between the U.S. and the EU, as well as the deep crisis of the WTO’s internal courts are bringing the system that has been in place for three quarters of a century to the brink of collapse. A real threat to the multilateral order seems to be the blockage of nominating new judges to the WTO’s internal courts by the U.S. administration. New judges need to be approved by the end of the year, otherwise the court cannot hear new cases and thus ceases to function as a mediator. So, where do we go from here? Is the system in danger of imploding?

Moderation: Sabrina Fritz, SWR
Anmeldung erforderlich bis 10.10.: anmeldung@daz.org
Eintritt frei
Veranstaltungssprache: Englisch
Mit: DAZ Stuttgart, dai Tübingen, DAI Heidelberg, Staatsministerium Baden-Württemberg

Haus der Wirtschaft, Willi-Bleicher-Str. 19, Stuttgart
Fr, 18.Okt.2019 um 19:00