Ninth IMF-WBG-WTO Trade Conference

October 24-25, 2023

The IMF/WB/WTO Trade Research Conference is an annual event that brings together experts on trade from the three institutions to share and disseminate their latest research findings. This year the event will be opened by Gita Gopinath, First Deputy Managing Director of the IMF, and will feature a keynote speech by Doug Irwin, the John French Professor of Economics at Dartmouth College. It will include sessions on geopolitical tensions, carbon pricing, services, trade patterns, development, and climate change, as well as a policy panel with chief economists from each institution on Industrial Policy and the Role of International Organizations. 

Please note advance registration is required to attend this event. You will need to register for the conference by using this link

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Day 1: October 24, 2023
8:00-9:00 AM Breakfast
9:00-9:15 AM

Opening RemarksGita Gopinath, First Deputy Managing Director, IMF


9:15-11:15 AM

Session 1: Geopolitical Tensions (Chair: Michele Ruta, IMF)

Divided We Fall: Differential Exposure to Geopolitical Fragmentation in Trade

Shushanik Hakobyan (IMF), Sergii Meleshchuk (IMF), Robert Zymek (IMF)

Crops, Conflict and Climate Change

Erhan Artuc (World Bank), Guido Porto (Universidad Nacional de La Plata), Bob Rijkers (World Bank)

Trade Diversion Effects from Global Tensions—Higher Than We Think

Menqi Wang (University of Wisconsin-Madison), Swarnali Ahmed Hannan (IMF)

Globalization? Trade War? A Counterbalance Perspective

Arthur Hu (Vanderbilt University), Xingwei Hu (IMF), Hui Tong (IMF)

11:15-11:45 AM Coffee Break
11:45 AM -1:00 PM

Panel on Industrial Policy and the Role of International Organizations (Chair: Ceyla Pazarbasioglu, IMF)


    Chad Bown (PIIE), Pierre-Olivier Gourinchas (IMF), Aart Kraay (World Bank), Ralph Ossa (WTO)


1:00-1:45 PM
Lunch Break
1:45-3:15 PM

Session 2: Carbon Pricing (Chair: Victor Stolzenburg, WTO)

Strategic Subsidies for Green Goods

Carolyn Fischer (World Bank)

Trade Effects of Carbon Pricing Policies

Antonia Kurz (Tinbergen Institute), Stela RubÍnová (WTO)

How Developing Countries Can Measure Exposure to the EU’s Carbon Border Adjustment Mechanism

Maryla Maliszewska (World Bank), Maksym Chepeliev (Purdue University), Carolyn Fisher (World Bank), Euijin Jung (World Bank)

3:15-3:30 PM
Coffee Break
3:30-5:00 PM

Session 3: Services (Chair: Kenneth Kang, IMF)

Trade Reform in Services: Structural Change and Production Networks

Adam Jakubik (IMF), Wentao Zhou (University of Wisconsin-Madison)

A Novel Framework to Evaluate Changes in Access to and Costs of Trade Finance

Marc Auboin (WTO), Eddy Bekkers (WTO), Dario de Quarti (WTO)

US-China Tensions and Trade Relocation: The Role of Financial Development

Hui Tong (IMF), Entian Zhang (University of Minnesota)

5:00-6:00 PM

Session 4: Trade Patterns (Chair: Marc Auboin, WTO)

Local or Global: Expansion Path of Multiple-product Exporters

Sarur Chaudhary (University of Cambridge), Maryam Vaziri (IMF)

Rules of Origins Relaxation and Regional Supply Chains: Evidence from Europe

Pamela Bombarda (CY Cergy Paris University), Elisa Gamberoni (World Bank), Irene Iodice (University of Bielefeld)
Day 2: October 25, 2023
8:30-9:00 AM Breakfast
9:00-10:30 AM

Session 5: Development (Chair: Ana Margarida Fernandes, World Bank)

Global Trade Policy Reform and Gender Inequality in the Labour Market

Eddy Bekkers (WTO), Kirti Jhunjhunwala (WTO), Ayse Nihal Yilmaz (WTO), Jeanne Métivier (WTO), Victor Stolzenburg (WTO)

The Gains from Foreign Multinationals in an Economy with Distortions

Isabela Manelici (London School of Economics), Jose P. Vasquez (London School of Economics), Román D. Zárate (World Bank)

Fertilizer Import Ban, Agro-exports, and Welfare: Evidence from Sri-Lanka

Devaki Ghose (World Bank), Eduardo Fraga (World Bank), Ana Fernandes (World Bank), Gonzalo Varela (World Bank)

10:30-10:45 AM Coffee break
10:45 AM -12:15 AM

Session 6: Climate Change (Chair: Antonio Spilimbergo, IMF)

Decarbonising the Global Economy: Impact and Role of Trade

Eddy Bekkers (WTO), Ayse Nihal Yilmaz (WTO), Jeanne Métivier (WTO), Enxhi Tresa (Organization for Economic Co-operation and Development), Lory Iunius (WTO), Kirti Jhunjhunwala (WTO)

Trade, Outsourcing and the Environment

Erhan Artuc (World Bank), Konstantin Sommer (World Bank)

From Policy to Progress: The Impact of Environmental Measures on Trade and Innovation

Francesco S. Bellelli (UBS), Ankai Xu (WTO)

12:15-1:15 PM

Keynote by Douglas Irwin (Chair: Daria Taglioni, World Bank)

The World Bank, the IMF, and the GATT/WTO: Which institution most supported trade reform in developing economies?

Presentation | Video

Organizers: Ana Margarida Fernandes (World Bank); Victor Stolzenburg (WTO); Hui Tong (IMF)