2025-02-03
30 分钟If Donald Trump's election marks the end of an era in global trade,
it will be the World Trade Organization left trying to hold up the threatened edifice of international law.
For Years now,
the US has been falling out of love with the WTO and the post World War II multilateral trade order has been weakening.
Trump seems quite happy to let it die.
But beyond some regional trade deals, there's nothing really to replace it.
In contrast to that gloom, globalization itself, trade in goods,
services, data, foreign direct investment has done just fine.
On today's show, we're going to ask where globalization is going and whether the WTO can save it.
I'm Alan Beattie, the FT's senior trade writer,
and this is the economic show from the Financial Times.
To discuss how we got here and where we're going,
we welcome Ngozi Okonjo Oela, Director general at the WTO.
Known universally as Dr. Ngozi, she took over at the WTO in 2021,
the first woman and the first African to serve in the role from a long career at the World bank and before that as Nigeria's finance minister.
She was reappointed in November for a second four year term.
Dr. Ngozi, welcome.
Thank you, Alan.
Now, we always start with a simple question which we ask you to answer on a scale of 1 to 10.
The WTO has been consistently more optimistic than other institutions and forecasters about the resilience of globalization.