Ideas to Action:

Independent research for global prosperity

CGD Podcast

Exploring smart policies for a better world.

 

Interview with WTO Candidate Anabel Gonzalez

My guest Anabel Gonzalez, Costa Rica’s minister of trade and a candidate to be the next head of the World Trade Organization (WTO), is a staunch believer in two powers: that of trade to uplift nations and that of the WTO to help navigate the process.

A New Liquidity Fund for Latin America -- Liliana Rojas Suarez

In December, members of the Latin American Shadow Financial Regulatory Committee (CLAAF) convened at CGD to discuss global financial and monetary developments affecting Latin America. The CLAAF, which meets here twice a year, usually offers policy and regulatory recommendations for finance ministers. central bankers and financial regulators in the region. This time the committee proposed something quite different: the five-page statement CLAAF issued after two days of deliberation recommended the creation of a new regional financial institution—a Latin American Liquidity Fund, to supplement the efforts of the International Monetary Fund (IMF) when the next global financial crisis hits.

A New Leader for the WTO - Kimberly Elliott and Arvind Subramanian

Candidates to succeed Pascal Lamy as the Director General of the World Trade Organization (WTO) presented themselves before the general council last week. All but two of the nine candidates are from developing countries, in sharp contrast to those who led the WTO in the past, all but one of whom were from high-income countries. Is this a good sign for the WTO or not? Does this leadership succession process have implications for trade and development?