WTO 2025: Enhancing global trade intelligence

25 Pages Posted: 27 Apr 2022

See all articles by Alan Wm. Wolff

Alan Wm. Wolff

Peterson Institute for International Economics

Date Written: April 26, 2022

Abstract

International trade flows based on information. Is the foreign market open? What are the conditions for entry? Are there customs duties to be paid and other regulations that need to be satisfied? Businesses thrive on getting as much certainty as they can find, and this requires reliable information. Is the competition subsidized? Are the competitors favored state-owned companies? During the pandemic, governments needed to know if food and medical supplies were going to be available from foreign sources and, most importantly, how available vaccines would be as most of the world’s countries could not produce any. Effective public policy cannot be made in the dark. The World Trade Organization, and the General Agreement on Tariffs and Trade before it, were founded with the idea of providing transparency. But more is needed to understand why trade is taking place, and even more important, when it is not, why not?

Keywords: WTO, transparency, monitoring, international trade, forensic analysis, policy planning, foresight

JEL Classification: F13, F51, F53, F55, K33, K41, N40

Suggested Citation

Wolff, Alan Wm., WTO 2025: Enhancing global trade intelligence (April 26, 2022). Peterson Institute for International Economics Working Paper No. 22-6, Available at SSRN: https://ssrn.com/abstract=4094087 or http://dx.doi.org/10.2139/ssrn.4094087

Alan Wm. Wolff (Contact Author)

Peterson Institute for International Economics ( email )

1750 Massachusetts Avenue, NW
Washington, DC 20036
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
62
Abstract Views
138
Rank
518,027
PlumX Metrics