Trade and Development | Wilson Center

Trade and Development

New Delhi's Plan for Economic Recovery: What Is It, and Can It Work?

Despite its overwhelming victory in Parliamentary elections in May 2019, the Narendra Modi government in India has failed to reverse a deepening economic slowdown underway for more than a year. On February 1, New Delhi presented a new budget and unveiled its strategy for dealing with the downturn, and for reviving investor and consumer confidence for the remainder of the government’s five-year term. Suman Berry, a noted Indian economist and Wilson Center global fellow, will analyze this new strategy and identify potential markers of success for the coming year.

Davos and Stakeholder Capitalism 2.0

When Klaus Schwab founded the World Economic Forum in 1971, his goal was to enhance corporate management so that all stakeholders, and not just shareholders, would come together to envision paths to longer-term growth. Nearly five decades since then, the Forum’s flagship annual event at the Swiss ski resort of Davos has undoubtedly been a huge success as a multi-stakeholder magnet. Its ability to attract titans of industry, world leaders, celebrities, and the hyper-wealthy is second to none. From its conception, Davos was never about a social revolution.

China Update: Taiwan’s Election and the “Phase One” Trade Deal

In this edition of Wilson Center NOW we speak with the Wilson Center’s Robert Daly on the latest in US-China relations after the signing of a “phase one” trade deal between the two nations.  Daly also discusses the implications of Taiwan’s reelection of President Tsai Ing-wen, who received the highest vote share by a Democratic Progressive Party (DPP) candidate in a presidential election.

Guest

A New Decade, New Trajectory for the Brazilian Economy?

Brazil wrapped up 2019 with GDP growth estimated to be no more than 1.17 percent—hardly cause for excitement after a decade in which Brazil grew 3.6 times slower than the average for emerging and developing nations—but hopes are higher for 2020. The Brazilian government predicts the economy will grow 2.4 percent this year, encouraged by new economic policies, low inflation and higher consumer confidence, and the passage of pension reform in October 2019.  

The Eurasian Economic Union at Five: Great Expectations and Hard Times

BY EVGENY TROITSKIY

On the first day of 2020, the Eurasian Economic Union (EEU), an economic union comprising Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan, entered its sixth year. Though half a decade is not long enough to accomplish the Herculean task of integrating five economies, the almost pervasive disappointment with the EEU makes the effort look increasingly Sisyphean. The anniversary of its founding offers an opportunity to review EEU’s history, performance, and prospects.

Origin and Promise

Book Event | Trade Is Not a Four-Letter Word

Trade allows us to sell what we produce at home and purchase what we don’t. It lowers prices and gives us greater variety and innovation. Yet understanding our place in the global trade network is rarely so simple, and today’s workers are wary of being taken advantage of. Trade has become an easy excuse for struggling economies, a scapegoat for our failures to adapt to a changing world, and—for many Americans on both the right and the left—nothing short of a four-letter word.

Trade Is Not a Four-Letter Word: How Six Everyday Products Make the Case for Trade

Trade myths, busted and debunked, with the help of six surprising everyday goods—the taco salad, the Honda Odyssey, the banana, the iPhone, the college degree, and the blockbuster HBO series Game of Thrones

Trading Views: On the Front Lines of a Trade War

Realizing the Singapore-on-Thames Inspiration

The Conservative’s landslide victory in the latest UK elections led to a collective sigh of relief in the global financial markets. The win is expected to lead to political stability that has been much-needed since the 2016 referendum when Britons voted to leave the European Union. Whether for or against Brexit, the past three years have made it difficult for the country to focus on anything but its future relations with the Continent.

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