The complex web of challenges confronting humanity - climate change, pandemics, economic inequality, and violent conflict - demands a robust global governance system. However, the current architecture, centred on the United Nations, is widely considered inadequate. This document delves into this...

The U.S.-China conflict is threatening continued global economic prosperity and this has inspired a variety of predictions and prescriptions on the future global order. This paper proposes a light model of global governance not only to form international agreements across countries but also to...

For decades, the global balance of power has been shaped by a handful of dominant nations, primarily the United States and Western Europe. Yet, the rise of emerging powers like China, India, Brazil, and Russia is transforming the foundations of the world order. These nations are challenging the...

The so-called Troika, consisting of the EU-Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF), was supposed to support the member states of the euro area which had been hit hard by a sovereign debt crisis. For that purpose, economic adjustment programs were...

Following the 2020 United States presidential election, economists have high hopes for the president-elect, Mr. Joseph Biden, and for the next US administration. The hopes are especially for the potential changes in the global trade architecture.There are quite a few outstanding issues in the...

The evolution of the international economic order / Chia-Jui Cheng --The WTO legal and dispute settlements systems in time of global governance crises / Ernst-Ulrich Petersmann -- The use and abuse of the national security exception under Article xxi(b)(iii) of the GATT 1994 / Peter L.H. Van den...