The Peterson Institute for International Economics (PIIE) is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions.
PIIE’s renowned scholars explore and analyze a broad range of economic topics and issues, including globalization, economic and growth prospects, finance, political economy, and trade and investment, as well as economic challenges facing individual regions and countries.
Trade Talks Episode 47: WTO S.O.S.—Save our System
Keynes and Bown detail an emerging approach for the European Union, Japan, China—and the Trump administration—to resolve the conflict over subsidies, one of the most pressing challenges confronting the World Trade Organization. They explain the fight over industrial subsidies and analyze the EU-Japan-US approach to tackling problems of notifications, state-owned enterprises, excess capacity, and public bodies.