The global, rules-based trade regime that has helped pull more than a billion people out of poverty in recent decades is under pressure. Critics blame it for the loss of manufacturing jobs, environmental degradation, and disruptions to supplies of vital goods like food, medicine, and energy. Geopolitical tensions are rising. As a result, major players are raising barriers to trade and foreign investment while offering subsidies for domestic production. The question now facing policymakers, business leaders, and international organizations is: Can globalization be reshaped to accommodate legitimate national concerns while maintaining trade as an engine of green, inclusive, and resilient development? What are the new opportunities for developing countries to leverage trade for development?
Join the World Bank Group and the Peterson Institute for International Economics for a jointly hosted conference, featuring WBG president David Malpass, World Bank managing director Mari Pangestu, and PIIE president Adam S. Posen, in discussions with participants from the World Trade Organization and the private sector and government in developing countries on how globalization can be reshaped to be an engine of green, resilient, and inclusive development.
David R. Malpass
President, World Bank Group
Deputy Director-General, World Trade Organization
Adam S. Posen
President, Peterson Institute for International Economics
Managing Director, Development Policy and Partnerships, World Bank
Sunny George Verghese
Cofounder & Group CEO of Olam International Limited
Jeffrey J. Schott
Senior Fellow, Peterson Institute for International Economics
Alfred Ombudo K'Ombudo
Principal Secretary, Trade, Government of Kenya