- To start things off, we took a peek into work that goes behind the trade figures with the help of the WTO economists and statisticians.
- On the big day of the release, WTO Director-General Roberto Azevêdo answered questions from journalists and was accompanied by Chief Economist Robert Koopman, senior economist Coleman Nee, and spokesperson Keith Rockwell.
- The news was soon out: Trade recovery was expected in 2017 and 2018 amid policy uncertainty.
- Region-specific information received much interest as well.
- The next day, Bob opened the chat with a quick appearance on video.
- — WTO (@wto)Thu, Apr 13 2017 14:01:02Hello everyone, I'm taking over the @wto account to reply to questions about trade figures & #WTOForecast. RBK https://twitter.com/sdonnan/status/852506219382263812 …
- And then we were off! Some questions focused on long-term trends of trade's contribution to the world economy.
- — Shawn Donnan (@sdonnan)Thu, Apr 13 2017 12:58:16
- — WTO (@wto)Thu, Apr 13 2017 14:02:01Past 30yrs had unique factors: rapid liberalization of China, India, Eastern Europe planned economies. Growth of GVCs. #WTOForecast https://twitter.com/sdonnan/status/852506219382263812 …
- — WTO (@wto)Thu, Apr 13 2017 14:03:24I think we're likely to return to a long term historic average of 1.5X GDP. Thanks for jumping in Shawn. #WTOForecast https://twitter.com/sdonnan/status/852506219382263812 …
- — ICC WBO (@iccwbo)Thu, Apr 13 2017 08:38:05
Twitter Q&A: The WTO Forecast & the Future of Trade
For the second year, WTO Chief Economist Bob Koopman took questions on Twitter after the release of the 2017-18 trade forecasts and the 2016 trade outcomes. Here is how the chat went.