Global Trade Cooperation after COVID-19:
What is the WTO’s Future?
September 2020, 25 pages
International trade cooperation has been under growing strains since at least the turn of the twenty-first century. Forces promoting global trade integration were in the ascendancy for most of the first decade. However, since 2008, successive shocks unleashed cumulative disintegrative forces. As Peter Draper describes in GLOBAL TRENDS. ANALYSIS 2|2020, COVID-19 mostly accelerates this trajectory, rendering WTO reform increasingly challenging. But he does not see this as the end of global trade integration – every crisis also presents reform opportunities.