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Freitag 18.10.19

19:00 Uhr

The d.a.i. goes Stuttgart: World Trade out of Order? The Struggle of Rebalancing Trade between China, the EU and the U.S.

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Panel discussion with Prof. Dr. Frank Hoffmeister, Directorate-General for Trade, European Commission, and Prof. Dr. Gabriele Spilker, Associate Professor of International Politics, University of Salzburg. 75 years ago, the Bretton Woods Agreement established a new international monetary system during the “golden age” of multilateralism and economic cooperation. Even though the Bretton Woods institutions have been remarkably resilient over time, multilateralism and specifically multilateral trade agreements are facing a severe crisis. Rising protectionism and bilateralism, the ongoing trade war between the world’s two largest economies, tariff disputes between the U.S. and the EU, as well as the deep crisis of the WTO’s internal courts are bringing the system that has been in place for three quarters of a century to the brink of collapse. A real threat to the multilateral order seems to be the blockage of nominating new judges to the WTO’s internal courts by the U.S. administration. New judges need to be approved by the end of the year, otherwise the court cannot hear new cases and thus ceases to function as a mediator. So, where do we go from here? Is the system in danger of imploding?

Moderation: Sabrina Fritz, head of SWR’s economics department and long-time Washington D.C. correspondent

In English
Location: Haus der Wirtschaft, Bertha-Benz-Saal, Willi-Bleicher-Straße 19, 70174 Stuttgart
Admission: free, registration obligatory by October 10 via anmeldung@daz.org

Organized by the German-American Center in Stuttgart.

In cooperation with the German-American-Institutes in Freiburg and Heidelberg as well as the State Ministry of Baden-Württemberg.

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