Category Archives: Governance

Trade blocs world

We will soon see the creation of the first global-scale trade-blocs: exclusive international trade zones. What will it be like? The short answer (if you want to stop reading here) is: the direct economic impact will be rather modest but the blocs will be a disaster for rules-based WTO trading system. That could have much […]

Draft history of ICC: final chapters

Last year, I completed the manuscript of a centennial history of the International Chamber of Commerce (ICC). It’s a long work: 400 pages, more or less. It will be only the second history of this remarkable institution. The first was published in 1938. ICC commissioned the history in 2013, but has recently decided to wait […]

The Wallenbergs at the ICC

Peter Wallenberg, the scion of the great Swedish family of bankers and industrialists, died on 19 January aged 88. Among his many achievements was to lead the International Chamber of Commerce (ICC) during the most difficult period for business in the late 20th Century. Here is a summary of the story. There’s a little more […]

Is a plurilateral the ‘way out’ for WTO on agriculture?

Q: under what circumstances would a critical-mass (CM) plurilateral agreement on agriculture be a way “out of the mess” in the WTO agriculture negotiations? A: any CM plurilateral works as a “way out” of the WTO stalemate where it offers a degree of benefits to the members of the plurilateral agreement such that they were […]