On this episode of the podcast, AICGS President Jeff Rathke and Peter Rashish, Director of the AICGS Geoeconomics Program, discuss the challenges facing globalization and the evolving international trading system with Pascal Lamy, former Director-General of the World Trade Organization (WTO) and the Coordinator of the Jacques Delors Institutes. Is the world in an era of de-globalization or re-globalization? Has Europe’s willingness to open its economy to global trade in the post-Cold War era created vulnerabilities toward Russia and China? Will foreign policy preferences toward allies or adversaries shape international trade flows? How should policy makers respond to growing calls to reengineer trade policy to bring about more equity at home? Are climate clubs among nations an effective solution toward balancing trade and climate goals? And what can be done—including reforms to the WTO—to ensure there continues to be a mutually beneficial economic relationship with China under the country’s state-capitalist model?
Strange New World – Geoconomics vs Geopolitics – Pascal Lamy, Nicole Gnesotto