The World Trade Organization's Crisis of Credibility

In 2015 when the World Trade Organization (WTO) turned 20, there was a sense that as an organization, it was central to economic globalization. Since then, the wheels have come off. Learn more:

Since its inception in 1995, the WTO has overseen a period of tremendous economic expansion and growth. More recently, the organization has watched from the sidelines as larger trends, such as digital technologies and climate change have taken over and have created an angst about globalization.

In this video, CIGI President Rohinton Medhora explains why central, strong organizations like the WTO are needed to manage globalization, including during crises like the COVID-19 pandemic. He also introduces CIGI’s new essay series, Modernizing the World Trade Organization, and the topics that the series explores.

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