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Online Panel: Reglobalisation: Changing patterns
Online Panel: Reglobalisation: Changing patterns

WKO/SUERF/OeNB: Online Panel

Reglobalisation: Changing patterns

Date: Friday, 24th June 2022, 2:00 - 4:30 pm (CEST) via Webex

Global trade faces new challenges and Europe in particular faces the need to fundamentally rethink its energy supply and energy policy in general.

The workshop (Webex-Meeting) presents findings from the latest edition of "Schwerpunkt Außenwirtschaft".
• Current framework conditions for global trade as well as Austria’s foreign trade relations.
• Role of entrepreneurship: how are businesses dealing with major uncertainties in the global environment, including disruptions in global value chains?
• How will new technologies affect the future of global trade?
• How will new payment modalities affect global trade? What role should data protection play? How will services be affected?
• What is the role of climate change and climate protection in shaping the future development of world trade?
• How do global trade flows change when the political landscape changes? What role do the "superpowers" USA and China play in shaping the future of global trade? And do the benefits of free trade still apply?

Book: Schwerpunkt Außenwirtschaft 2021/2022 Reglobalisation: Changing patterns (pdf)

Friday, 24 June 2022
14:00 Opening remarks

Governor, Robert Holzmann (OeNB) and Vice-President, Amelie Gross (WKÖ)

Current developments in the economy and in foreign trade

  • Klaus Vondra (OeNB): Current development of world trade and the Austrian Economy (pdf)
  • Barbara Tasch-Ronner (WKÖ): Recent developments in EU trade policy (pdf)
  • Leonhard Pertl (WKÖ): Austria‘s foreign trade in goods – recent developments
  • Patricia Walter (OeNB): Austria’s international trade in services (pdf)

14:30 Panel: Reglobalisation: Changing patterns

Moderation: Christoph Schneider, Economica

Entrepreneurship and technologies in tomorrow’s global trade system

  • Luisa Santos (BusinessEurope): European business in a changing political and economic environment
  • Lisandra Flach (ifo): Sourcing Strategies in Response to COVID-19: Evidence from German Firms
  • Luca Marcolin (OECD): The Provisions of Service in Global Value Chains (pdf)
  • Mark Purdy (Purdy&Associates): Next-generation technologies and the future of global trade (pdf)
  • Zach Meyers (CER): Will retail central bank digital currencies unlock cross-border payments?
  • Martina F. Ferracane (EUI): Regulating Personal Data: Data Models and Digital Services Trade

Climate protection, scarce resources and international trade

  • Klaas Lenaerts (Bruegel): Fighting climate change requires strong green growth policies and trade, not degrowth (pdf)
  • Stefan P. Schleicher (Universität Graz): Trade and Climate – The Disrupted Nexus
  • Martin Menner (cep): “Carbon Leakage-Proof” Climate Clubs (pdf)
  • Jan Atteslander (economiesuisse): Sustainability and International Trade: How to reinforce (pdf)

Public policy landscape

  • Robert B. Koopman (WTO): The multilateral trading system and trade cooperation in a time of great change and stress
  • Matthias Diermeier (iw Köln): How current megatrends shape the patters of international trade, capital flows and technology diffusion (pdf)
  • Tim Joris Kaiser (EC Representation AT): Asserting sovereignty: EU policy instruments to support open and fair global ties
  • Sophia Kluge (AHK Serbien), Olga van Zijverden (DIHK), Branmir Jovanovic (wiiw): Near-shoring perspectives in the post-pandemic world and the implications for the Western Balkans (pdf)
  • Dan Steinbock (Difference Group): Great Powers and Globalisation: Spotlight on the United States and China
  • William A. Reinsch (CSIS): China as Best Customer and Biggest Threat – Trade Policy in the Biden Era
  • Elisabeth Christen (WIFO): America is back - opportunities and challenges for reviving international cooperation (pdf)
  • Lisandro Abrego (IMF): The African Continental Free Trade Area Agreement
  • Nina Vujanovic (WIIW): The Regional Comprehensive Economic Partnership (RCEP) agreement and its economic implications (pdf)

16:30 End

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