Money Talks: The new logic of trade
Listen now
Description
Trade used to be about efficiency and growth. But those goals are being overtaken by others, from security to environmentalism. Our Britain economics editor Soumaya Keynes and host Rachana Shanbhogue investigate how the blurring of economic and political concerns is driving—and destabilising—trade relationships, with global consequences. We hear from Ngozi Okonjo-Iweala, director-general of the World Trade Organisation, about the WTO’s complicated history and contested future. US Trade Representative Katherine Tai explains where she thinks the current rules-based system falls short, particularly when it comes to China. And Pamela Coke-Hamilton, head of the International Trade Centre, identifies the winners and losers of this new era. Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at economist.com/moneytalks  For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer   See acast.com/privacy for privacy and opt-out information.
More Episodes
More than 1bn people around the world are obese. That means there should be extraordinary demand for drugs to cure or mitigate the condition. Novo Nordisk is now Europe’s most valuable company and Eli Lilly’s market value has more than doubled. Both make the “miracle” drugs that can help people...
Published 04/18/24
Published 04/18/24
Amazon started with a plan to disrupt bookselling. It sold cheap books online, delivering them straight to customers’ homes. Three decades later it employs a million people in America and owns one hundred warehouses, each stocked with millions of products. More than a third of the US e-commerce...
Published 03/21/24