Gridlock at the WTO concerning regulation of global digital trade has caused members to look outside. Despite the forum's imperfections, the organization remains the closest the world trading system can come to guaranteeing a level-playing field. It is imperative that existing rulebooks be updated to make the WTO work for the ambitions of developed and developing countries alike.
A broad set of institutions—from the World Trade Organization (WTO) to the World Bank and International Monetary Fund—underpin global trade and economic exchange. GTIPA-member reports in this category examine a variety of facets of international economic institutions, from WTO reform to the effect of regional development banks.