RIETI Special Seminar

WTO 2020: 21st Century Trade Governance


A good deal of the world's trade is a much more complex phenomenon than trade was in the 1980s and earlier--call it 21st century trade. The key to this most dynamic form of international commerce is production sharing. This talk argues that today's WTO rules do not provide the disciplines necessary to underpin this trade. In reaction, a parallel set of disciplines developed in an uncoordinated fashion--primarily deep regional trade agreements, emerging economy unilateralism, and a web of bilateral investment treaties. Implications for economic analysis and systemic impact on the WTO are also explored.


  • Time and Date: 12:15-13:45 (Registration desk and seminar room open at 12:00),
    Wednesday, February 2, 2011
  • Venue: RIETI's seminar room (METI Annex 11th floor, 1121)
  • Language: English / Japanese (with simultaneous interpretation)
  • Admission: Free
  • Contact: RIETI, (Ms.) HARADA Tomoko
    Tel: 03-3501-8398Fax: 03-3501-8416

*If you quote from the seminar, please let us know.
*Audience members are permitted to bring food/beverages into the seminar and have lunch while listening.


  • Speaker: Richard E. BALDWIN (Professor of International Economics, The Graduate Institute, Geneva)
  • Commentator: ISHIGE Hiroyuki (Consulting Fellow, RIETI / Former Vice-Minister for International Affairs, Ministry of Economy, Trade and Industry [METI])
  • Commentator: MIZUNO Masayoshi (Director, International Economic Affairs Division, International Affairs Department, Minister's Secretariat, Ministry of Agriculture, Forestry and Fisheries [MAFF])
  • Moderator:WAKASUGI Ryuhei(Professor, Kyoto University / Research Counselor, RIETI)


Professor Richard E. Baldwin's profile

Richard Edward Baldwin is Professor of International Economics at The Graduate Institute, Geneva (since 1991), Policy Director of CEPR (since 2006), Editor-in-Chief of Vox since he founded it in June 2007, and is an elected Member of the Council of the European Economic Association. He was a Senior Staff Economist for the President's Council of Economic Advisors in the Bush Administration (1990-1991) following the Uruguay Round, NAFTA and EAI negotiations, as well as numerous US-Japan trade issues including the SII talks and the Semiconductor Agreement renewal. He was Co-managing Editor of the journal Economic Policy from 2000 to 2005, and Program Director of CEPR's International Trade program from 1991 to 2001.

The author of numerous books and articles, his research interests include international trade, globalization, regionalism, and European integration. He has worked as consultant for the numerous governments, the European Commission, OECD, World Bank, EFTA, and USAID.

He wrote his PhD at MIT under the guidance of Paul Krugman, with whom he has co-authored a half dozen articles, the most recent of which was published in 2004.