Trade Links: New Rules for a New World

Wednesday, March 23rd, 2022
2:00 p.m. – 3:00 p.m. ET
Lindner Family Commons, 6th floor at the Elliott School
and via Zoom

The World Trade Organization is undergoing an existential crisis. Trade links the world not only through the flow of international commerce in goods, services, and ideas; but also through its economic, environmental, and social impacts. Trade links are supported by a WTO trading system founded on rules established in the 20th century which do not account for all the modern changes in the global economy.

James Bacchus, a founder of the WTO, posits that this global organization can survive and continue to succeed only if the trade links among WTO members are revitalized and reimagined. He explains how to bring the WTO into the twenty-first century, exploring the ways it can be utilized to combat future pandemics and climate change and advance sustainable development, all while continuing to foster free trade.

This event was co-sponsored by the Washington International Trade Association (WITA).

About the Speaker

Picture of James BacchusJames Bacchus is Distinguished University Professor of Global Affairs and Director of the Center for Global Economic and Environmental Opportunity of the University of Central Florida. He was a founding judge and was twice Chairman – the chief judge – of the Appellate Body of the World Trade Organization. He is a former Member of the Congress of the United States, from Florida, and a former US trade negotiator. He serves on the United States Leadership Council of the United Nations Sustainable Development Solutions Network, served on the High-Level Advisory Panel to the Conference of Parties of the United Nations Framework Convention on Climate Change, chaired the global council on governance for sustainability of the World Economic Forum, and chaired the Commission on Trade and Investment Policy of the International Chamber of Commerce. He is adjunct scholar for the Cato Institute in Washington, DC; global fellow of the Centre for International Governance Innovation in Canada; distinguished fellow of the European Institute for International Law and International Relations,  and Pao Yue-Kong University Chair Professor of international law at Zhejiang University in Hangzhou, China. Professor Bacchus is the author of Trade and Freedom (London: Cameron May, 2004); The Willing World: Shaping and Sharing a Sustainable Global Prosperity (London: Cambridge University Press, 2018), named one of the “Best Books of the Year” by the Financial Times of London; and, with co-author Inu Manak, The Development Dimension: Special and Differential Treatment in Trade (London: Routledge Press, 2021). His new book, Trade Links: New Rules for a New World, will be published by Cambridge University Press in early 2022.

Introductory Remarks

Picture of Alyssa AyresAlyssa Ayres is the Dean of the Elliott School of International Affairs at George Washington University. Her work focuses primarily on India’s role in the world and on U.S. relations with South Asia in the larger Indo-Pacific. Before joining the Elliott School, she was a Senior Fellow at the Council on Foreign Relations, and Deputy Assistant Secretary of State for South Asia under the Obama administration. She holds a Ph.D. in South Asian Languages and Civilizations from the University of Chicago.

 

 

About the Moderator

Picture of Jay ShambaughJay Shambaugh is Professor of Economics and International Affairs, and Director of the Institute for International Economic Policy at the Elliott School of International Affairs, George Washington University. His area of research is macroeconomics and international economics. He has had two stints in public service. He served as a Member of the White House Council of Economic Advisors from 2015-2017. Earlier, he served on the staff of the CEA as a Senior Economist for International Economics and then as the Chief Economist. He also spent 3 years as the Director of the Hamilton Project at the Brookings Institution. Jay is also a Faculty Research Fellow at the NBER and Non-Resident Senior Fellow in Economic Studies at Brookings. Prior to joining the faculty at George Washington, Jay taught at Georgetown and Dartmouth and was a visiting scholar at the IMF. He received his Ph.D. in economics from the University of California at Berkeley, an M.A. from the Fletcher School at Tufts, and a B.A. from Yale University.

GW Students, Faculty, and Staff are welcome to attend this event in person at the address below or via Zoom:

Elliott School of International Affairs
Lindner Family Commons, Suite 602
1957 E Street NW
Washington, DC 20052

Alumni, Guests, and General Public are also welcome to attend the event in person or via Zoom. We require that guests follow the George Washington University Visitor guidelines.