Bhagwati Leads Trade Reform Panel

Summer 2011

British Prime Minister David Cameron and German Chancellor Angela Merkel recently selected Professor Jagdish Bhagwati to lead a panel of experts in examining options for boosting world trade. The group, also sponsored by the governments of Indonesia and Turkey, will analyze the current global marketplace and offer recommendations on tariff revisions and regulatory changes. “The world trade system needs to strengthen defense against protectionism and find creative ways to liberalize trade,” Bhagwati said about the group’s aim. “The post-war prosperity in both developing and developed countries owed considerably to increasing openness in the world economy. We should not forget that lesson.”