The Economist Asks: In times of economic turmoil, can global trade help?
The World Trade Organisation was set up in 1995 to enable the multilateral trading system. But in the past decade, it’s come under pressure. Now, the global economy looks set to enter an unstable new phase. Host Anne McElvoy and Henry Curr, The Economist’s economics editor, travel to the WTO’s headquarters in Geneva to ask Dr Ngozi Okonjo-Iweala, the director-general, how trade can mitigate the pain. They discuss how supply chains need to change and assess the trade-off between efficiency and equality. Dr Okonjo-Iweala examines the rift between China and America and how the WTO needs to reform.
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