Leaders of the G20 promised repeatedly that they would refrain from trade restrictions in response to the global financial crisis that began in 2008, and that they would minimize the negative impact on trade and investment of stimulus measures. They also promised to hold themselves accountable for this commitment using a novel transparency mechanism based in the World Trade Organization (WTO). At the same time, the Global Trade Alert (GTA) set itself up as an alternative accountability mechanism. A detailed comparison of GTA and WTO data on the number of measures each found, and of their ability to offer robust interpretations of the measures, allows both a check on the official story, and a consideration of how transparency can help to close the gap between commitment and action, thereby contributing to accountable global governance.
Access the report here.
About the International Institute for Sustainable Development
The world is challenged by a changing climate, biodiversity loss, abject poverty and environmental degradation. What can make a difference? Good ideas. Creativity. Passion. Innovation. The achievement of change.
IISD is in the business of promoting change towards sustainable development. As a policy research institute dedicated to effective communication of our findings, we engage decision-makers in government, business, NGOs and other sectors in the development and implementation of policies that are simultaneously beneficial to the global economy, the global environment and to social well-being.
In the pursuit of sustainable development, we promote open and effective international negotiation processes. And we believe fervently in the importance of building our own institutional capacity while helping our partner organizations in the developing world to excel.
Established in 1990, IISD is a Canadian-based not-for-profit organization with a diverse team of more than 150 people located in more than 30 countries. Through our dynamic portfolio of projects, we partner with more than 200 organizations throughout the world. To learn more about our history, please visit the IISD Timeline.
Click here to learn more about our project work and programs, which are guided by our strategic institutional directions. And please visit our IISD Linkages site to follow our coverage of international negotiations on environment and development.
IISD is registered as a charitable organization in Canada and has 501(c)(3) status in the United States. IISD receives core operating support from the Government of Canada, provided through the Canadian International Development Agency (CIDA), the International Development Research Centre (IDRC) and Environment Canada, and from the Province of Manitoba. The Institute receives project funding from numerous governments inside and outside Canada, United Nations agencies, foundations and the private sector.