trade dialogues
Strengthening International Cooperation on Subsidies
Presentation of a Joint Report by the IMF, OECD, WBG and WTO
Zoom 05/05/2022 - 14:00
Open trade, backed by the multilateral rules-based trading system, has been an effective catalyst for growth and poverty reduction for decades. But the growing use of trade- and investment distorting subsidies undermines the predictability and stability created by trade commitments, fuels trade tensions and erodes public support for open trade. The new report "Subsidies, Trade, and International Cooperation", prepared jointly by staff from the IMF, OECD, World Bank Group and WTO, takes stock of what we know and don't know about subsidies and their cross-border effects, and explores an agenda for dealing constructively with subsidies through improved transparency, better measurement, more focused dialogue and enhanced regulation of subsidies.
This event will present the results of the report and discuss its implications for international cooperation between the four authoring organizations and beyond.
PresentationOpening Remarks
Anabel González
Deputy Director-General, World Trade Organization (WTO)
Presentation of the report
Brad McDonald
Deputy Chief for Trade Policy, External Policies Division, IMF
José Signoret
Senior Economist, Macro, Trade and Investment Global Practice, World Bank
Alexander Keck
Chief, Global Economic Analysis, Economic Research and Statistics Division, WTO
Julia Nielson
Deputy Director, Trade and Agriculture Directorate, OECD
Discussants
Chad Bown
Reginald Jones Senior Fellow, Peterson Institute for International Economics
Trudi Hartzenberg
Executive Director, Trade Law Centre NPC (tralac)
André Sapir
Professor, Université Libre de Bruxelles and Senior Fellow, Bruegel
Tu Xinquan
Dean and Professor, China Institute for WTO Studies, University of International Business and Economics, China
Questions and answers
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