Economics, Econometrics and Finance
8 years ago

Global Trade System Faces Uncertainty as Protectionism Rises and Multilateralism Declines

1 view
Impact of Socio-economic and Technological Transformations at National, European and International Level
RECENT TRENDS IN THE GLOBAL TRADING SYSTEM
Agnes Ghibuțiu

Paper Summary

The article discusses recent trends in the global trading system in 2015. It looks at outcomes of the Tenth WTO Ministerial Conference, the rise of plurilateral negotiations, increasing trade tensions, and the push for new regional trade agreements. The paper suggests that multilateral trade liberalization is facing challenges, leading to a less stable and more uncertain global trading system.

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