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Trade Implications of Policy Responses to the Crisis
Tuesday 26 May 2009
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Venue:
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Crowne Plaza
Rue de la Loi 107
Brussels, 1040 Belgium
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Draft Agenda
"We will not repeat the historic mistakes of protectionism of previous eras" (Paragraph 22 of the G20 Leaders' Statement, London, 2 April 2009)
The Leaders of the G20 who met in London on 2 April 2009 reaffirmed the commitment to refrain from raising new barriers to investment or to trade in goods and services, imposing new export restrictions, or implementing WTO inconsistent measures to stimulate exports. They also committed to minimize any negative impact on trade and investment of their domestic policy actions including fiscal policy and action in support of the financial sector.
This conference offers a reality check of the implementation of these commitments, less than two months after the London Summit, and about a month before the La Maddalena G7 meeting. It also offers a broader perspective on domestic policy actions, whether consistent or not with international trade rules, which could have a significant impact on trade and investment flows. Presenting the views of both policy makers and academic experts, it will attempt to assess better and worse practices, and guide policy responses to the crisis in the lead-up to La Maddalena.
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Programme
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Tuesday 26 May
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09.30 - 10.00
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Registration of the participants
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10.00 - 12.30
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Setting the Scene: Macroeconomic and Business Perspectives on the Crisis, Policy Responses, and their Effects on Trade and Investment
Moderator: to be announced
Session 1: Macroeconomic perspective
Otaviano Canuto (World Bank)
Richard Portes (London Business School and CEPR)
Pierre Jacquet (Agence Francaise de Développment)
Session 2: Business perspective
Pascal Kerneis (European Services Forum)
Eoin O'Malley (Businesseurope)
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12.30 - 14.00
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Buffet Lunch
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14.00 - 15.30
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Mechanisms and Sectors of State Interventionism: Session 1
Lead discussant: Gaspar Frontini (European Commission
Stimulus packages and government procurement, Simon Evenett (University of St Gallen and CEPR)
Antidumping and safeguards, Chad Bown (Brandeis University)
Additional materianls for this session: Avoiding 1930s-style protectionism: Lessons for today. By Douglas Irwin (Dartmouth University)
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15.30 - 17.00
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Mechanisms and Sectors of State Interventionism: Session 2
Lead discussant: Patrick Messerlin (Groupe d'Economie Mondiale de SciencesPo)
Tarrif Changes, Alessandro Nicita (UNCTAD) and Marcelo Olarreaga (University of Geneva and CEPR)
Exchange rate policies, Charles Wyplosz (Graduate Institute in Geneva and CEPR) tbc, and Sebastian Weber (Graduate Institute in Geneva)
Non-tariffs measures, Anders Aeroe (ITC)
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Wednesday 27 May
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9.30 - 11.00
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Mechanisms and Sectors of State Interventionism: Session 3
Lead discussant: Patrick Low (WTO)
Competition Policy, Frederic Jenny (ESSEC)
Agriculture, Stefan Tangermann (formerly OECD) and Tim Josling (Stanford University)
Green protectionism, Ron Steenblik (OECD)
Additional materianls for this session:
The Impact of the crisis on Global Value Chains in the Textile and apparel sector, by Gary Gereffi (Duke University)) and Stacey Frederick (Duke University)
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11.00 - 11.30
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Coffee Break
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11.30 - 13.00
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Mechanisms and Sectors of State Interventionism: Session 4
Lead discussant: Richard Newfarmer (World Bank)
Financial nationalism, Stijn Claessens (IMF and CEPR)
Trade finance, Jean-Pierre Chauffour (World Bank)
Export credit agencies, Jean LeCocguic (OECD)
Investment, Anne van Aaken (University of St Gallen) and Jürgen Kurtz (Melbourne University)
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13:00 - 14:30
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Buffet Lunch
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14.30 - 16:00
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Mechanisms and Sectors of State Interventionism: Session 5
Lead discussant: Alan Winters (DFID and CEPR)
Services and outsourcing, Bernard Hoekman (World Bank and CEPR)
Labor discrimination and Mode 4, Biswajit Dhar (Indian Institute of Foreign Trade)
Legal Perspective, Anne van Aaken (University of St Gallen) and Jürgen Kurtz (Melbourne University)
Additional materianls for this session: Is the Crisis Provoking Proection in Services? A Case Study of the United States. By Aaditya Mattoo (world Bank) and Ingo Borchert (World Bank)
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16.00 -17.00
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The Way Forward: Recommendations for Policy Makers
Richard Baldwin (Graduate Institute Geneva and CEPR)
Simon Evenett (St Gallen University and CEPR)
Bernard Hoekman (World Bank and CEPR)
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(The views expressed at this conference are those of the speaker(s) and not those of the funding organization(s), current or former employers, or of CEPR, which takes no institutional policy positions).
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CEPR and the World Bank gratefully acknowledge financial support from the
UK Department for International Development (Global Trade and Financial
Architecture - GTFA project) and co-support for this conference from the
European Commission's Seventh Framework Programme Collaborative
Projects (CPs), under the grant: Politics, Economics and Global
Governance: The European Dimensions, PEGGED (Contract no. SSH-CT-2008-217559).
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Should you require further assistance, please contact
Anggreini Kasanan, akasanan@cepr.org or +44 20 7183 8807
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Registration is now
CLOSED
for this event.
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