Trade

The EU’s half-baked response to the US investment offensive is putting its competitiveness and our future prosperity at risk. Now is the time for deeper European integration and major adjustments to EU treaty law.

The 20 authors of the 15 papers in this series illuminate the depth of the problems in the three specific fields of international trade, digital governance, and climate finance, with special attention to human rights and gender equality. The researchers illustrate the profound failures of national governments and international mechanisms, and often reflect the frustrations of populations or countries that feel the rich and powerful are running roughshod over the poor, marginalized, and vulnerable for their own outsized benefit, and are doing so with impunity.

Major multilateral institutions have long claimed that their market-oriented trade rules reduce poverty and advance development. Instead, they hold back the developing world from a more human-centric, social-justice approach that it needs to reach its potential. South Africa has the potential to set an example of how a global “middle power” can drive change. The Covid-19 pandemic has provided extra impetus – and a test.