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Stephanie Rickard

@sjrickard.bsky.social

2.4K followers 650 following 200 posts

Professor London School of Economics. Trade, subsidies, state aid, government procurement, industrial policy. Author of "Spending to Win". sjrickard.com/home

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Stephanie Rickard @sjrickard.bsky.social · Dec 3

Speaking at the WTO about industrial policy (IP), I highlighted three key points:

1. Transparency is essential.

2. Local content rules can undermine IP’s goals.

3. The WTO’s TBT agreement offers a model: permit IP for “legitimate aims” when it’s minimally trade distorting.

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Stephanie Rickard @sjrickard.bsky.social · 6d

The new direction of travel: "securonomics"

Stephanie Rickard @sjrickard.bsky.social · 7d

The African Growth and Opportunity Act (AGOA), established by US President Clinton in 2000, expired yesterday at midnight. For 32 African countries, (even more) uncertainty now looms over #tariffs, exports, and jobs.

abcnews.go.com/US/wireStory...

Thousands of jobs at risk in Africa as US trade deal expires

A major US-Africa trade deal, the African Growth and Opportunity Act (AGOA), will terminate as scheduled on Tuesday, ending duty-free access to U.S. markets for thousands of African products

abcnews.go.com

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Stephanie Rickard @sjrickard.bsky.social · 8d

#TombTuesday In Roscommon Ireland, this portal tomb is known as Tinnacarra ("Stone of Fire") or Ballynanultagh Dolmen. It has strikingly tall portal stones (~2.4 metres) . Estimated to date from between 4200 BC and 2900 BC.

📸 My own

#TombTuesday #Prehistory #Ireland

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Stephanie Rickard @sjrickard.bsky.social · 9d

Let me know if you see one like this in the US!

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Stephanie Rickard @sjrickard.bsky.social · 9d

If this price differential for a high-street brand skirt is due to US #tariffs, it suggests a tariff pass-through rate of 100%, controlling for the exchange rate. But of course, there could be other factors at play.

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Stephanie Rickard @sjrickard.bsky.social · 12d

In the UK, 1 in 4 people aged 18 to 34 own crypto! 🤯

Stephanie Rickard @sjrickard.bsky.social · 13d

China opens way to WTO reform by ceding ‘developing country’ benefits - on.ft.com/3W7XutW via @FT

Stephanie Rickard @sjrickard.bsky.social · 14d

This is big news. Could it unlock at least some of the stalemate at try WTO? 🤞

Thiru Balasubramaniam @thirugeneva.bsky.social · 14d

Stephanie Rickard @sjrickard.bsky.social · 14d

True, Peter. But maybe it could help with discussions about reform of special and differential treatment? And/or US engagement? Maybe I'm just feeling optimistic on this sunny Autumn morning.

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Stephanie Rickard @sjrickard.bsky.social · 14d

This is big news. Could it unlock at least some of the stalemate at try WTO? 🤞

Thiru Balasubramaniam @thirugeneva.bsky.social · 14d

China to drop claim to WTO developing economy benefits

Move follows long-standing US objections to the practice

www.ft.com

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Reposted by Stephanie Rickard

Stathios Ballas @stathiosb.bsky.social · 15d

“They did so by forming coalitions with like-minded countries… a wider range of states can effectively participate in international negotiations than traditionally assumed.”
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Stephanie Rickard @sjrickard.bsky.social · 22d

It took +20 years of negotiations.

It could change the future of our oceans.

The WTO’s Agreement on Fisheries Subsidies comes into force today.

Why it matters and how it happened: shorturl.at/EzvJx

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Stephanie Rickard @sjrickard.bsky.social · 18d

You did it, WTO!

Stephanie Rickard @sjrickard.bsky.social · 18d

Which European country offers the most generous government #subsidies to buy EVs?

www.euronews.com/business/202...

European countries with the most government subsidies for buying EVs

While all EU member states offer some form of tax benefit to boost EV sales, there is a significant difference between their direct purchase incentive schemes, with some of the most generous ones comi...

www.euronews.com

Reposted by Stephanie Rickard

Chad P. Bown @chadpbown.com · 19d

The WTO has named Robert Staiger as its new Chief Economist.

Here is my @trade--talks.bsky.social podcast conversation in 2023 with Bob where he shared his thoughts about the WTO.

180. The WTO is in trouble. Econ 101 to the rescue?

How understanding the WTO’s past can help foster its revival – including for policy challenges like climate and China’s non-market economy.

tradetalkspodcast.com

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Stephanie Rickard @sjrickard.bsky.social · 20d

A taxi driver, unimpressed by my poor French, barked at me to "speak English". Then a barista demanded I continue in French after I switched into English. Linguistic purgatory. 🤣

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Stephanie Rickard @sjrickard.bsky.social · 22d

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Stephanie Rickard @sjrickard.bsky.social · 23d

After +20 years of negotiations, the WTO’s Agreement on Fisheries Subsidies enters into force today. This agreement represents a major step toward aligning global trade rules with environmental sustainability. Explore how this milestone was reached and what it means: shorturl.at/EzvJx

Stephanie Rickard @sjrickard.bsky.social · 23d

I did it. I turned the heat on.

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Reposted by Stephanie Rickard

David Blanchflower BSc @davidbflower.bsky.social · 26d

We need your help to find meteorite that crashed into Scotland. 🔭 🧪 www.bbc.co.uk/news/videos/...

We need your help to find meteorite that crashed into Scotland

Hillwakers in Scotland have been asked to look out meteorite fragments that landed in the Highlands.

www.bbc.co.uk

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Stephanie Rickard @sjrickard.bsky.social · 26d

AI deployed in an effort to reduce corruption in public procurement in Albania. The Prime Minister said: AI will be "entrusted with all decisions on public tenders".

www.france24.com/en/live-news...

Albania appoints AI-generated minister to avoid corruption

Albanian Prime Minister Edi Rama said Thursday he had appointed the world's first AI-generated government minister to oversee public tenders, promising its artificial intelligence would make it "corru...

www.france24.com

Stephanie Rickard @sjrickard.bsky.social · 27d

Tube strike = 1.5 hour walk across London today. In the rain. But, as always, Londoners rise to a challenge. Saw many small acts of kindness today as everyone struggled to navigate the deluge, buses, sink holes, and rogue Lime bikes.

Stephanie Rickard @sjrickard.bsky.social · 27d

In 2022, China had nearly 1800 ships under construction. The US has just five. 🤯

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Stephanie Rickard @sjrickard.bsky.social · 28d

More than 1,000 Greek farmers and agribusinesses are under investigation for the abuse of EU #subsidies

europeannewsroom.com/greece-probe...

Greece probes farmers in €22.6 million EU subsidy fraud scandal

Investigations are also being carried out into staff at the authority in charge of the administration of the subsidies.

europeannewsroom.com

Stephanie Rickard @sjrickard.bsky.social · 29d

We don't talk enough about sub-national #subsidies. They often account for a majority of a nation's total subsidy amount, particularly in federal systems.

www.seafoodsource.com/news/supply-...

Chinese provincial subsidies undermining central government’s goals to limit IUU fishing, protect environment

Fishing subsidies recently offered by multiple Chinese coastal cities run counter to efforts by China’s central government.

www.seafoodsource.com

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Stephanie Rickard @sjrickard.bsky.social · Sep 8

Would love to see the full criteria for the UK's new EV subsidy scheme. Which cars qualify and why?

www.bbc.co.uk/news/article...

Electric cars eligible for £3,750 discount announced

The Puma Gen-E and e-Tourneo Courier are two Ford models drivers can purchase under the government scheme.

www.bbc.co.uk

Stephanie Rickard @sjrickard.bsky.social · Aug 26

The Fed’s future hangs in balance after Trump’s assault - on.ft.com/4lECVQ9 via @FT