The services sector is the most dynamic in the global economy, constituting nearly 25% of global trade, but its intangibility – unlike the materiality of trade in goods – makes it difficult to monitor. Service providers in this sector need a national regulatory governing framework
The imminent expiration of the terms of some members of the WTO Appellate Body, with neither any signs of their extension nor appointments being made afresh, suggests that this crisis will intensify. An analysis of all that ails the WTO Appellate Body, and the implications this has for India and the multilateral trading system
Speakers at the seventh Atlantic Dialogues, held in Morocco earlier this month, discussed what the challenge to western dominance and China’s expansionism meant for their political and economic future
Rise of trade in services has been extraordinary but we need to value how they are traded, measured, and regulated
India’s global economic engagement, especially with the developing world, has increased in the last two decades, but trade with South Asia has remained low. It holds the potential for building greater productivity and more inclusive growth in India and the region
A new phase of globalisation has begun, driven by the rise of digital flows. This phase brings about new questions for the WTO and other global economic and trade governance. A multilateral approach must balance protectionist sentiments along with a desires for digital openness.
Regulations are the new focus of economic statecraft. Their increasing importance is reflected in the negotiations on global financial standards, plurilateral trading rules, and regional economic unions.
The WTO judgment on the India-U.S. dispute on solar panels shows how rules across different international regimes – climate change, trade and nuclear power – favor the countries which set those rules. India must deepen its participation in such multilateral fora to protect its interests.
Ambassador Neelam Deo, Director, Gateway House delivered a lecture at the West Bengal National University of Juridical Sciences, Kolkata on 30 January, 2016.
December 13 will bring curtains down on climate change talks at Paris, but the sharp ideological divides between rich countries and developing nations will continue to play out at World Trade Organisation’s 10th Ministerial Conference in Nairobi, beginning on December 15