The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’
Both the digital transition and decarbonisation ambitions have heightened demand for specialty metals, including nickel and lithium for electric vehicles and rare earths for advanced microelectronics. But as advanced economies’ access to these metals is becoming increasing critical, supply security concerns are increasing: production of critical metals is concentrated in a small number of locations, while geopolitical tensions are rising.
The race to produce and acquire these minerals is boosting investment in Asia-Pacific, changing the relationship between the region and the global economy. Focusing on Indonesia and Australia, what role do producer countries play in the global supply chain for critical metals? How are these countries responding to economic and geopolitical and sustainability pressures? And how are countries in the region handling growing pressures towards fragmentation seen elsewhere in the advanced technologies global supply chain?
Panellists:
Professor Ian Satchwell, Adjunct Professor, Sustainable Minerals Institute, The University of Queensland
Dr Alloysius Joko Purwanto, Energy Economist, ERIA
Moderator:
Dr Rem Korteweg, Senior Research Fellow, Clingendael Institute
This podcast episode was recorded on 2 October 2024.
Related content from GTS Contributors:
Report | Reclaiming Leadership: Australia and the global critical minerals race
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The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade:
the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); CITD - the Center on Inclusive Trade and Development at Georgetown University Law Center (US); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).
The views and opinions expressed in this podcast series are those of the speakers and do not reflect the views, policy or position of American International Group Inc, or its subsidiaries or affiliates (AIG). Any content provided by the speakers in this podcase series is their opinion, and is not intended to malign any religion, ethnic group, club, organization, company, individual or group of individuals or anyone or anything. AIG makes no warranty or representations as to the accuracy, completeness, correctness or validity of any information provided during this podcast series, and AIG will not be liable for any errors, inaccuracies or omissions in the information provided during this podcast series or any damages, losses, liabilities, injuries resulting from or arising from the Podcast including your use of the Podcast.
The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’
Digitally delivered services have experienced a four-fold increase in value since 2005 and now account for a significant share of all services exports. At a time of growing concern about the slowdown in global trade in goods, the boom in digital services trade is a comparative bright spot.
But does this perception fully align with the reality? Are the pressures on the global trade system - such as geopolitics, the risk of trade fragmentation and non-tariff measures - really less disruptive of digital services trade than they are of trade in goods? How could the WTO help promote and protect digital trade and harmonise regulatory approaches to digital services? And what does a growth in digital services mean for development and inclusion?
Panellists:
Richard Baldwin, Professor of International Economics, IMD Business School
Jennifer Hillman, Professor of Practice, Georgetown University Law Center; Co-Director, Center for Inclusive Trade and Development (CITD)
Emily Jones, Director of the Global Economic Governance programme, Blavatnik School of Government, University of Oxford
Jane Drake-Brockman, Executive Director, Australian Services Institute
Moderator:
Rem Korteweg, Senior Research Fellow, Clingendael Institute
This podcast episode was recorded on 12 September 2024.
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The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade:
the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); CITD - the Center on Inclusive Trade and Development at Georgetown University Law Center (US); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).
The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’
Four years on from Britain’s departure from the EU, politicians on both sides of the Channel continue to grapple with its consequences. In recent months, the election of the Labour government in the UK and the reelection of Ursula Von der Leyen as President of the European Commission have opened a new more constructive chapter in the complex process of negotiation over the UK's relationship with its neighbours. For the UK, mitigating Brexit's negative effects on trade and business remains a central goal in the reset of relations. For the Commission, trade issues are increasingly wrapped up in a broad concern, vividly captured in the recent Draghi report, about the EU's competitiveness and its long-term economic growth. What are the political and economic parameters within which the UK and EU are working on a reset? Where are the red lines and where the areas of Win-Win? And can a new deal help address the growth challenge on both sides of the Channel?
Panellists:
Georgina Wright, Senior Fellow and Deputy Director for International Studies, Institut Montaigne
Dr Nicolai von Ondarza, Head of Research Division, EU/Europe, German Institute for International and Security Affairs (Stiftung Wissenschaft und Politik, SWP)
David Henig, Director, UK Trade Policy Project, European Centre for International Political Economy (ECIPE)
Moderator:
Rem Korteweg, Senior Research Fellow, Clingendael Institute This podcast episode was recorded on 26 September 2024.
Related content from GTS Contributors:
Paper | Extraterritoriality: a Blind Spot in the EU's Economic Security Strategy | Institut Montaigne
Paper |The UK and the EU: New Opportunities, Old Obstacles | SWP
Report | Negotiating Uncertainty in UK-EU Relations: Past, Present, and Future | ECIPE
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The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); CITD - the Center on Inclusive Trade and Development at Georgetown University Law Center (US); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).
The views and opinions expressed in this podcast series are those of the speakers and do not reflect the views, policy or position of American International Group Inc, or its subsidiaries or affiliates (AIG). Any content provided by the speakers in this podcase series is their opinion, and is not intended to malign any religion, ethnic group, club, organization, company, individual or group of individuals or anyone or anything. AIG makes no warranty or representations as to the accuracy, completeness, correctness or validity of any information provided during this podcast series, and AIG will not be liable for any errors, inaccuracies or omissions in the information provided during this podcast series or any damages, losses, liabilities, injuries resulting from or arising from the Podcast including your use of the Podcast.
The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’
While the BJP fell short of an overall majority in India’s recent parliamentary elections, Prime Minister Narendra Modi is set for a third consecutive term – but this time as part of a coalition government. This is uncharted territory for the world's most populous country.
How might this new political constellation affect India's economic and geopolitical decision-making? What are the potential implications for India's trade policy and its positioning between the US and China, both of whom see it as a necessary partner? Lastly, what does the new political environment in Delhi mean for India's attractiveness as a destination for companies and investors looking to de-risk from China?
Panelists:
Manjari Chatterjee Miller, Senior Fellow for India, Pakistan, and South Asia, Council on Foreign Relations
Neha Mishra, Assistant Professor, International law, Geneva Graduate Institute
Moderator: Rem Korteweg, Senior Research Fellow, Clingendael Institute
This podcast episode was recorded on 24 June 2024.
Related content from GTS Contributors:
Book | Why Nations Rise: Narratives and the Path to Great Power
Book | Wronged by Empire, Post Imperial Ideology and Foreign Policy in India and China
Paper | International Trade Law Meets Data Ethics: A Brave New World
Paper | Data at the Docks: Modernising International Trade Law for the Digital Economy
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The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); CITD - the Center on Inclusive Trade and Development at Georgetown University Law Center (US); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).
The views and opinions expressed in this podcast series are those of the speakers and do not reflect the views, policy or position of American International Group Inc, or its subsidiaries or affiliates (AIG). Any content provided by the speakers in this podcase series is their opinion, and is not intended to malign any religion, ethnic group, club, organization, company, individual or group of individuals or anyone or anything. AIG makes no warranty or representations as to the accuracy, completeness, correctness or validity of any information provided during this podcast series, and AIG will not be liable for any errors, inaccuracies or omissions in the information provided during this podcast series or any damages, losses, liabilities, injuries resulting from or arising from the Podcast including your use of the Podcast.
As the competition between the US and China over electric vehicles ramps up, the pressure has mounted on the EU to agree its own approach to the issue of Chinese EVs. While there are widespread concerns about the impact of Chinese EV imports and calls for the EU to protect its auto industry, others argue that the availability of affordable Chinese EVs and “green tech” more generally can help accelerate Europe’s own transition. This critical policy debate is taking place against a backdrop of concern about the global impact of Chinese industrial over-capacity.
Why is the EU concerned and is it right to be? How might the EV issue affect broader EU-China trade relations and what are its implications for EU-US trade relations? Lastly, what does the EV case teach us about how the EU should balance decarbonisation and industrial policy?
For a discussion of the US-China EV rivalry, listen to the previous episode of the AIG Global Trade Series 2024: “Car Wars (Part 1)” features Rem Korteweg in conversation with Scott Kennedy and Wendy Cutler.
The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’
Panellists:
Elvire Fabry, Senior Research Fellow, Jacques Delors Institute
Miguel Otero Iglesias, Senior Analyst, Elcano Royal Institute
Moderator:
Rem Korteweg, Senior Research Fellow, Clingendael Institute
This podcast episode was recorded on 17 June 2024.
Related content from GTS Contributors:
Policy Paper | Shields Up: How China, Europe, Japan, and the United States shape the world through economic security
Article | The economics and geopolitics of electric cars: a European Perspective
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The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); CITD - the Center on Inclusive Trade and Development at Georgetown University Law Center (US); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland). The views and opinions expressed in this podcast series are those of the speakers and do not reflect the views, policy or position of American International Group Inc, or its subsidiaries or affiliates (AIG). Any content provided by the speakers in this podcase series is their opinion, and is not intended to malign any religion, ethnic group, club, organization, company, individual or group of individuals or anyone or anything. AIG makes no warranty or representations as to the accuracy, completeness, correctness or validity of any information provided during this podcast series, and AIG will not be liable for any errors, inaccuracies or omissions in the information provided during this podcast series or any damages, losses, liabilities, injuries resulting from or arising from the Podcast including your use of the Podcast.
Panellists:
Scott Kennedy, Senior Advisor and Trustee Chair in Chinese Business and Economics, CSIS (Center for Strategic & International Studies)
Wendy Cutler, Vice President and Managing Director, Washington, D.C. Office, ASPI (Asia Society Policy Institute)
Moderator:
Rem Korteweg, Senior Research Fellow, Clingendael Institute
This podcast episode was recorded on 24 May 2024.
The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’
Amid rising concern about the effect of China’s industrial overcapacity on global markets, the US has adopted tariff measures intended to address China's trade practices and industrial policy in several strategic sectors, notably electric vehicles (EVs). In retaliation for what Beijing sees as US protectionism, China is moving ahead with tariffs on US imports, including cars. Move and counter-move have propelled the issue of EVs to the centre of US-China trade relations.
What are the political, economic and technological dynamics of the competition between Washington and Beijing over EVs? Where does the EV issue feature in the US-China dialogue on climate action? And is the sparring between Washington and Beijing on EVs a harbinger of escalation in their trade relations more broadly?
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The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade:
the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); CITD - the Center on Inclusive Trade and Development at Georgetown University Law Center (US); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).
The views and opinions expressed in this podcast series are those of the speakers and do not reflect the views, policy or position of American International Group Inc, or its subsidiaries or affiliates (AIG). Any content provided by the speakers in this podcase series is their opinion, and is not intended to malign any religion, ethnic group, club, organization, company, individual or group of individuals or anyone or anything. AIG makes no warranty or representations as to the accuracy, completeness, correctness or validity of any information provided during this podcast series, and AIG will not be liable for any errors, inaccuracies or omissions in the information provided during this podcast series or any damages, losses, liabilities, injuries resulting from or arising from the Podcast including your use of the Podcast.
Panellists:
Victor do Prado, Senior Fellow, Brazilian Center for International Relations – CEBRI
Shannon O'Neil, Vice President of Studies, and Nelson and David Rockefeller Senior Fellow for Latin America Studies, Council on Foreign Relations
Moderator: Rem Korteweg, Senior Research Fellow, Clingendael Institute
This podcast episode was recorded on 4 April 2024.
The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’
With geopolitics, concerns for economic security and ambitious industrial policies creating new trading patterns and dependencies, global value chains are being reshaped. This fluid new landscape of global trade presents both opportunities and challenges for two of Latin America’s strongest economies: Mexico and Brazil.
What are the main factors driving the integration of Mexico and Brazil in global value chains? How has the Biden Administration’s industrial strategy impacted Mexico and how is Brazil leveraging its relationship with China, its major source of FDI? What role is trade playing in the industrial development of both countries? And what does the experience of Mexico and Brazil tell us about the place of Latin America in the global economy?
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The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); IIEL - the Institute of International Economic Law at Georgetown University Law Center (US); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).
The views and opinions expressed in this podcast series are those of the speakers and do not reflect the views, policy or position of American International Group Inc, or its subsidiaries or affiliates (AIG). Any content provided by the speakers in this podcase series is their opinion, and is not intended to malign any religion, ethnic group, club, organization, company, individual or group of individuals or anyone or anything. AIG makes no warranty or representations as to the accuracy, completeness, correctness or validity of any information provided during this podcast series, and AIG will not be liable for any errors, inaccuracies or omissions in the information provided during this podcast series or any damages, losses, liabilities, injuries resulting from or arising from the Podcast including your use of the Podcast.
The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’
This special episode, recorded live at Chatham House on the eve of their 2024 Global Trade Conference, considers the potential repercussions on trade of the upcoming US and UK elections.
In the UK, current polling suggests that the Labour Party of Sir Keir Starmer is heading for victory whenever the election is called. Across the Atlantic, Joe Biden and Donald Trump are set for the first rematch in an American presidential election for 70 years.
What do the various potential election outcomes mean for British and American trade policy? And what might they mean for global trade?
Panellists:
Creon Butler, Director, Global Economy and Finance Programme, Chatham House
Jennifer Hillman, Professor, IIEL at Georgetown Law; Co-Director of The Center on Inclusive Trade and Development, Georgetown Law
Moderator:
Rem Korteweg, Senior Research Fellow, Clingendael Institute
This podcast episode was recorded on 7 March 2024.
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The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); IIEL - the Institute of International Economic Law at Georgetown University Law Center (US); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).
The views and opinions expressed in this podcast series are those of the speakers and do not reflect the views, policy or position of American International Group Inc, or its subsidiaries or affiliates (AIG). Any content provided by the speakers in this podcase series is their opinion, and is not intended to malign any religion, ethnic group, club, organization, company, individual or group of individuals or anyone or anything. AIG makes no warranty or representations as to the accuracy, completeness, correctness or validity of any information provided during this podcast series, and AIG will not be liable for any errors, inaccuracies or omissions in the information provided during this podcast series or any damages, losses, liabilities, injuries resulting from or arising from the Podcast including your use of the Podcast.
Supply, demand and contrasting approaches to security in critical metals.
Panellists:
Kathleen Claussen, Professor of Law, Georgetown Law
Simon Evenett, Professor of International Trade and Economic Development, St. Gallen University; Founder of the St. Gallen Endowment for Prosperity Through Trade
Moderator:
Rem Korteweg, Senior Research Fellow, Clingendael Institute
This podcast episode was recorded on 27 February 2024.
The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’
Alongside decarbonisation, the digital transition is leading to higher demand for specialty metals and rare earths elements. With the chemical properties of cobalt, lithium and gallium amongst others being crucial to the production of advanced technologies, and the lack of substitutes, these critical metals are imported from abroad from specific locations.
This concentration of resources, and the consequently increased risk of disruption, has led to concerns about these supply chains being weaponised or leveraged as tools of economic coercion by a producing or processing country. Given the strategic importance to them both of these critical metals, how can the EU and the US secure their access? This episode explores the dynamics of trade flows in critical resources from both European and US perspectives.
Related content from GTS Contributors:
Report – Authors: Simon Evenett and Johannes Fritz | The Scramble for Critical Raw Materials: Time to Take Stock?
Blog – Author: Kathleen Claussen | What is a Free Trade Agreement, Anyway?
The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); IIEL - the Institute of International Economic Law at Georgetown University Law Center (US); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).
The views and opinions expressed in this podcast series are those of the speakers and do not necessarily reflect the official policy or position of American International Group, Inc. or its subsidiaries or affiliates (“AIG”). Any content provided by our speakers are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything. AIG makes no representations as to accuracy, completeness, correctness, or validity of any information provided during this podcast series and will not be liable for any errors, omissions, or delays in this information or any losses injuries, or damages arising from its use.