Competereis pleased to announce the publication of a White Paper entitled “Trade Policy in the Trump Administration: Advancing Reduction of Anti-Competitive Market Distortions” written by its CEO, Shanker Singham. The White Paper was also published under the auspices of the Growth Commission which Mr Singham chairs.
The paper details how the inability to deal with the explosion of Anti-Competitive Market Distortions (ACMDs), which refer to all barriers which distort competition and undermine growth, including both border and behind the border barriers has been significantly responsible for the dysfunction of the world's trading system and lack of growth in the global economy. Addressing these ACMDs through a properly honed US trade policy can unleash innovation, competition, and wealth. The Trump Administration has clearly diagnosed the problem, and this paper hopes to architect a landing zone for solutions which results in the maximum economic benefit as a global trade realignment takes place.
Shanker Singham, an international trade expert and author, commented the following on the White Paper's release:
“The White Paper provides a roadmap for key stakeholders such as corporates, media, markets and US trading partners to react to the US trade realignment. It also provides a normative organizing framework for the policy itself drawing on legal and economic theory to explain the trajectory of global trade, how we have got to where we are, and what is a safe landing zone going forward. We note that if this zone can be found, and if countries lower their barriers and Anti-Competitive Market Distortions can be eliminated around the world, then the global trading system can correct the stasis of the past thirty years and move forward faster.
As Winston Churchill once said, we stand between the gates of majestic opportunities or catastrophic failure. The White Paper is our attempt to explain how the former is possible. Let us make the most of this unfrozen moment.”
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SOURCE Competere LLC
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