Richard Baldwin Profile picture
Sep 28, 2020 9 tweets 5 min read Read on X
_
In person at the Graduate Institute for Opening Plenary of the GENEVA TRADE WEEK!!! #GTW2020 ImageImage
_
Swiss WTO Ambassador Chambovey speaking introductory words Image
_
_
Hamid Mamdouh @ #gtw2020

He has not defected a fundamental shift in people’s goals for the trade system, but rather a shift in how to achieve that. Image
_
Alan Wolff, WTO DDG @wto on e-stage for #gtw2020

He thinks there has been a shift but largely on generational lines - younger voters supporting. Image
_
Dennis Redonnet @ #gtw2020 @DmitryOpines

He sees a weakening of the rules-based approach and weaponization of trade Image
_
@OECDtrade Marion Jansen

She does not see a shift in what ppl expect of the trade system, but we have to rethink trade system and fast! Image
_
Locknie Hsu @SMU Singapore

She detects anxiety about trade and future of the system #gtw2020 Image
_
And that’s a wrap! Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Richard Baldwin

Richard Baldwin Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @BaldwinRE

Nov 26, 2022
1. Short 🧵on my talk: "Future of trade is intermediate services" | 9 Dec 2022, 18-19h, IHEID (register:docs.google.com/forms/d/e/1FAI…) @GVAGrad @AlumniIHEID @_AnabelG @_CTEI @DmitryOpines @GTP_Trade
|
👉Start with the "peak trade in goods" chart👇
2. But 60% of ratio fall from peak due to Commodity Supercycle triggered by globalisation's 2nd unbundling
|
Manuf trade declined somewhat - and certainly stopped booming
|
left chart shows commodity composition of overall ratio into manuf, mining, ag
3. 2008=False Peak: turns out national export/GDP ratios of Big-4 (EU, CN, US, JP) peaked before or after 2008, or didn't peak
|
ERGO, 2008 peak = artefact of aggregating disparate trends; oops for claims of peak as death knell of neoliberal globalisation; it changed, not died
Read 6 tweets
Nov 26, 2022
1. Why fear of opening?

ordering elderly to vaccinate might led to “dramatic social resistance”

“They don’t want to force a vaccine mandate [but] they can’t afford old people dying”

“that is why stringent Covid controls are still in place”
on.ft.com/3V5Ifjf
2. Fears are founded:

China's ICU capacity is lower than in many Asian countries
3. 30% of old not taken a third Covid jab

main Chinese-made vaccines provide high protection from severe illness and death with 3 doses. But they are less effective & fade faster than the mRNA technology developed by BioNTech/Pfizer & Moderna”
Read 5 tweets
Nov 25, 2022
1/ Globalisation drives inequality? It’s complicated

A 🧵 based on @ft article by @ChrisGiles_ & research by @BrankoMilan etal

👉on.ft.com/3V2Ftva
👉osf.io/preprints/soca…
2/Rampant, within rich-nation inequality was always an American/Anglo-Saxon story

Other rich nations bridled the rise of their 1%

Booming American inequality started with globalisation’s 2nd unbundling (manuf offshoring expansion phase) hup.harvard.edu/catalog.php?is…
3/ Automation & globalisation drove market income inequality everywhere, but Europeans used sharing & caring policies to share the gains & pains (US not so much)

Gini coefficient chart👇
Read 8 tweets
Oct 21, 2022
The gas crunch & the hit to EU industry

@FT
Will the energy crisis crush European industry? on.ft.com/3TvpHaJ

Charts in🧵👇
Industry uses more gas than other forms of energy
European industry’s voracious appetite for gas
Read 6 tweets
Sep 30, 2022
“Economic orthodoxy is not ideological but simply the accumulated knowledge &experience of what tends to work best

“It is .a constantly evolving body of thinking &experimenting in the real world

“It is always open to challenge”

@ChrisGiles_
on.ft.com/3renqov
“We have had a consensus of the Treasury, of economists, with the Financial Times, with other outlets, peddling a particular type of economic policy for 20 years. It hasn’t delivered growth,” #Truss said

Lessons for when economic orthodoxy bites back on.ft.com/3renqov
“There is no doubt that the orthodoxy can get things wrong. But it learns from its mistakes. Far from every element of the “Washington consensus” — the economic orthodoxy of the 1990s — survived the Asian financial crisis in the latter part of that decade.
Read 4 tweets
Sep 30, 2022
“Prioritising growth in the recent past would have avoided some obvious policy blunders:
👉May’s insistence on leaving the EU’s single market
👉Osborne’s disastrous obsession with balancing the budget in the teeth of a deep recession” @TimHarford on.ft.com/3y3nZFc
“But while recent governments have demonstrated how to depress growth, we know far less about how to increase it. And Truss’s statements so far do not inspire confidence.”
“It is good to have a prime minister focused on the goal of growth, but what we really need is for her to show signs of being able to stick the ball in the back of the net.” #Truss #Growth
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(