The Future of the World Trading System After 2017 and the Interests of the European Union

Author(s):  
Wanda Dugiel
Author(s):  
N. Arbatova

The focal point of the article is the future of the European Union that has been challenged by the deepest systemic crisis in its history. The world economic and financial crisis became merely a catalyst for those problems that had existed earlier and had not been addressed properly by the EU leadership. The author argues that the EU crisis can be overcome only by new common efforts of its member-states and new integrationist projects.


Author(s):  
Kutl Ergün

This study presents the individuals' responses to the COVID-19 pandemic. Considering that many institutions and working places were closed due to the pandemic, the possible impact of COVID-19 restrictions on individuals was assessed. The study examined the number and frequencies of respondents in the survey including demographic variables (gender, income), and future expectation on economic situation and psychological conditions. There were 218 individuals from 24 European countries participating in the survey. The percentage of respondents, discovering personal strength (previously unaware of) during restrictions was 40%. This is a high percentage showing that isolation may contribute to self-discovery. Despite annoying restrictions, many individuals expressed their economic optimism for the future. Also, most of the participants stated that they had not enough money during these restrictions. Also, this study shows that trust in governments, the European Union (EU) and the World Health Organization (WHO) was low during the pandemic restrictions. The results of this study might be useful and taken into account for potential future waves of this pandemic and possible new pandemics that may occur in the future.


2020 ◽  
Vol 12 (1) ◽  
pp. 113-119
Author(s):  
Violeta Motulaitė

The initiative of the Conference on the Future of Europe (CFE) stems out of the necessity to re-evaluate the European Union project after the Brexit, the wave of populism and nationalism and the changing geopolitical environment in the world, as well as to reflect upon the European unity ten years after the entry into force of the Lisbon Treaty. As mentioned in this Franco – German initiative, it was meant to address all issues at stake and guide the future of Europe with a view to turning the EU more united and sovereign. It should have focused on policies and it should have identified the main reforms to be implemented as a matter of priority in each block of policies, setting out the types of changes to be made. The current public health crisis has redefined the problems and priorities of the EU. Some issues have become less topical, some have remained relevant and some have emerged as high priorities only now.


2016 ◽  
Vol 30 (1) ◽  
pp. 95-116 ◽  
Author(s):  
Richard Baldwin

When the General Agreement on Tariffs and Trade was signed by 23 nations in 1947, the goal was to establish a rules-based world trading system and to facilitate mutually advantageous trade liberalization. As the GATT evolved over time and morphed into the World Trade Organization in 1993, both goals have largely been achieved. The WTO presides over a rule-based trading system based on norms that are almost universally accepted and respected by its 163 members. Tariffs today are below 5 percent on most trade, and zero for a very large share of imports. Despite its manifest success, the WTO is widely regarded as suffering from a deep malaise. The main reason is that the latest WTO negotiation, the Doha Round, has staggered between failures, flops, and false dawns since it was launched in 2001. But the Doha logjam has not inhibited tariff liberalization—far from it. During the last 15 years, most WTO members have massively lowered barriers to trade, investment, and services bilaterally, regionally, and unilaterally—indeed, everywhere except through the WTO. For today's offshoring-linked international commerce, the trade rules that matter are less about tariffs and more about protection of investments and intellectual property, along with legal and regulatory steps to assure that the two-way flows of goods, services, investment, and people will not be impeded. It’s possible to imagine a hypothetical WTO that would incorporate these rules. But the most likely outcome for the future governance of international trade is a two-pillar structure in which the WTO continues to govern with its 1994-era rules while the new rules for international production networks are set by a decentralized process of sometimes overlapping and inconsistent mega-regional agreements.


Author(s):  
Philomena Murray

Research and teaching on Europe and on the European Union (EU) have grown exponentially in recent years, both within Europe and throughout the world. There has been increased breadth and depth of conceptual development and theorising. This article considers some challenges related to teaching and researching about the EU. It attempts to elaborate some agendas for scholars, in examining possible future directions for the study of Europe, both internationally and within Australia. The article examines the development of study of the EU and discusses the development of European Studies in Australia. It argues that the study of the EU and of Europe is increasingly dynamic, drawing on a variety of disciplines and sub-disciplines, within Australia and throughout the world.


2011 ◽  
Vol 11 (1) ◽  
pp. 1850222
Author(s):  
John Olienyk ◽  
Robert J. Carbaugh

For decades, Boeing and Airbus have struggled for dominance in the large commercial aircraft market. In 2010 and 2011, the World Trade Organization ruled that each firm has received illegal subsidies from the governments of the United States and the European Union, which have enhanced their competitive positions. This paper considers the nature of these rulings and the future competitive environment in the global jetliner industry.


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