The global economy is at a crossroads. For industry, government, and civil society alike, its impact on core interests is increasingly large – but equally difficult to shape or manage. The Trade in the 21st Century initiative (Trade21) provides insight and supports targeted multistakeholder initiatives to make global trade and investment work better, for all. We are part of the Managing Across Boundaries initiative.
The extent of the modern global economy’s impact on vital interests – public, private, and the growing space where the two blend together – amounts to a genuine paradigm shift. Government's traditional policymaking and regulatory tools are at a breaking point. The private sector’s competitive, legal, and reputational challenges are vastly more complex. And a host of social, political, and technological issues have vaulted to the top of the trade and investment agenda. There is urgent need for regulatory strategies and institutional formulas that better address a broad, cross-border agenda and accommodate a more diverse set of players. Meaningful progress toward a 21st-century trade and investment system will not come by accident. It will only be possible through the sustained effort of those who can blend deep knowledge of the global economic and public policy landscape with wide-ranging stakeholder relationships. Trade21 represents a long-term commitment to do just that.
Trade21 advances a public interest agenda by helping stakeholders understand and harness the global economy’s market, regulatory, and institutional dynamics. Staff conduct original research, comment in a wide range of media, and convene closed-door and public events with leaders from industry, U.S. and international government agencies, Capitol Hill, and other constituencies. We also support decision makers across these domains in more targeted assessments and deployments of business models, regulatory approaches, and institutional frameworks.