Author: Publisher:
ISBN: 9789210054485
Category :
Languages : en
Pages :
Book Description
Impact of the COVID-19 Pandemic on Trade and Development
Author: Impact of the COVID-19 Pandemic on Trade and Development
Author: Impact of the Covid-19 Pandemic on Trade and Development
Author: United Nations PublicationsPublisher:
ISBN: 9789211130003
Category :
Languages : en
Pages : 115
Book Description
The report fosters understanding of the impact of COVID-19 (coronavirus) on trade and development and reflects on actions that can propel us to the future we want. It provides up-to-date data and analysis on the impact of COVID-19 on trade and development; identifies sustained trends to characterize the "new normal"; and provides policy recommendations to build a more resilient, inclusive and sustainable future.
Reshaping Global Value Chains in Light of COVID-19
Author: Paul BrentonPublisher: World Bank Publications
ISBN: 1464818223
Category : Business & Economics
Languages : en
Pages : 217
Book Description
Global value chains (GVCs) have driven dramatic expansions in trade, productivity, and economic growth in developing countries. This book examines the impact of the COVID-19 pandemic on GVCs and explores whether they can continue to be a driver of trade and development. The report reviews previous crises and what these tell us about the resilience of GVC firms to shocks. It examines the observed impact of COVID-19 on trade during the sharp global recession of 2020. It summarizes discussions with GVC firms on the impacts of, and their responses to, the COVID shock. GVCs showed surprising resilience, but the rapid recovery raised new issues with supply chains. The book then explores simulations from a global economic model of the potential longer-term impacts of COVID-19 on developing countries and other key factors shaping the global economy, including the evolving role of China, increasing trade restrictions and policy responses to global warming. The analysis shows that while there are risks associated with GVCs, especially those concentrated around key nodes and where opportunities to find alternative suppliers or buyers are limited, there are mechanisms by which GVCs maintain trade relationships during a crisis, paving the way for a strong trade-led recovery. Measures are identified that can enhance the resilience of GVCs in low-income countries. This report finds that policies that maintain and enhance trade can contribute toward crisis management and recovery. Attempts to reshore production would make all countries worse off, including those that implement them, and could drive 52 million people, mainly in Africa, into extreme poverty. Measures to meet climate change commitments will have more profound impacts, leading to a shift away from carbon-intensive GVCs, while new opportunities for trade will arise in GVCs that are less carbon intensive.
A Proposal to End the COVID-19 Pandemic
Author: Ruchir AgarwalPublisher: International Monetary Fund
ISBN: 1513577603
Category : Business & Economics
Languages : en
Pages : 54
Book Description
Urgent steps are needed to arrest the rising human toll and economic strain from the COVID-19 pandemic that are exacerbating already-diverging recoveries. Pandemic policy is also economic policy as there is no durable end to the economic crisis without an end to the health crisis. Building on existing initiatives, this paper proposes pragmatic actions at the national and multilateral level to expeditiously defeat the pandemic. The proposal targets: (1) vaccinating at least 40 percent of the population in all countries by the end of 2021 and at least 60 percent by the first half of 2022, (2) tracking and insuring against downside risks, and (3) ensuring widespread testing and tracing, maintaining adequate stocks of therapeutics, and enforcing public health measures in places where vaccine coverage is low. The benefits of such measures at about $9 trillion far outweigh the costs which are estimated to be around $50 billion—of which $35 billion should be paid by grants from donors and the residual by national governments potentially with the support of concessional financing from bilateral and multilateral agencies. The grant funding gap identified by the Access to COVID-19 Tools (ACT) Accelerator amounts to about $22 billion, which the G20 recognizes as important to address. This leaves an estimated $13 billion in additional grant contributions needed to finance our proposal. Importantly, the strategy requires global cooperation to secure upfront financing, upfront vaccine donations, and at-risk investment to insure against downside risks for the world.
Development of World Trade in the Context of the COVID-19 Pandemic
Author: Jakub HorákPublisher: Springer Nature
ISBN: 3031272579
Category : Business & Economics
Languages : en
Pages : 189
Book Description
This book examines the development of world trade during the COVID-19 pandemic, also taking international trade between the Czech Republic and the Russian Federation into account as a case study. Using an advanced method of artificial neural networks, it evaluates a long time series and predicts the development of trade between the two countries. The book further analyzes the specifications of export items on both sides and the dependence of the Czech Republic on Russia in terms of raw materials, which is not sustainable. It discusses the need for a political and business consensus, as well as a long-term investment plan to address this issue. Finally, it sheds light on the Czech companies actively operating in Russia, especially in the engineering, automotive, energy, and food industry. The book predicts the future bilateral trade relations between the two countries and the expected decrease in the demand on the side of Russian customers. The book will appeal to students, scholars, and researchers of economics and finance in general, macro- and microeconomics, statistics, and trade analytics in particular, as well as professionals and international trade companies interested in a better understanding of world trade developments and the future trade scenarios between the Czech Republic and Russia.
Industry 4.0 and Global Businesses
Author: Enis YakutPublisher: Emerald Group Publishing
ISBN: 1801173281
Category : Business & Economics
Languages : en
Pages : 175
Book Description
Industry 4.0 and Global Businesses: A Multidisciplinary Investigation provides a multidisciplinary perspective on the transformative effects of Industry 4.0 by aggregating original theoretical, conceptual, and empirical research.
World Investment Report 2020
Author: Organizacja Narodów ZjednoczonychPublisher:
ISBN: 9789210051446
Category :
Languages : en
Pages : 0
Book Description
COVID-19 in Indonesia
Author: Lili Yan IngPublisher: Routledge
ISBN: 1000583678
Category : Business & Economics
Languages : en
Pages : 270
Book Description
This book assesses the impacts of COVID-19 on the Indonesian economy, particularly on employment, education, poverty, trade, and macroeconomy. The chapters explain how fiscal and monetary stimulus work and the roles of local governments in managing stimulus. It also presents paths to recovery and lessons learned from countries that have found success in mitigating the economic impacts of the pandemic (China, Germany, Singapore, and Vietnam). This text will be a useful reference for policy makers, scholars, students, and public audience working or interested in the fields of development economics, trade, health economics, economics, and East Asia.
Changing World Economic Order in the Post-Pandemic Period
Author: Mahapatra, Sushanta KumarPublisher: IGI Global
ISBN: 1799868982
Category : Business & Economics
Languages : en
Pages : 325
Book Description
Post COVID-19, the world will never be the same. The pandemic not only shattered many assumptions about economic developments and growth, but it also challenged our preparedness to face any unpredictable challenge as a human civilization in an era where science and technology is at its peak. To suppress the spread of COVID-19, many countries resorted to partial or full closure of their borders and restricted the movement of people. Mandatory quarantine restricted labor mobility and workplace closure, which later converted into supply shocks in the economy, as these measures impaired the economy’s production capacity, disrupting supplies. This later spilled over to the demand side as people were locked down in their homes and workers were laid off and lost income. This disruption posed many new challenges for policymakers to formulate appropriate macroeconomic policy responses and also provided them the opportunity to ponder upon the preparedness of countries in terms of health facilities, appropriately compensating human resources, how to cushion immediate and severe economic shocks, and how to maintain the livelihood of the society as a whole. Changing World Economic Order in the Post-Pandemic Period provides scientific knowledge of the current economic scenarios across the globe with a comprehensive overview of the pandemic and regional initiatives, trends of trade and development, and approaches to overcome obstacles of globalization and the impacts on global trade and economic development in light of the pandemic. The chapters present tangible solutions and attainable perspectives for fighting a battle against the pandemic while keeping the morale of the people and economy high. Highlighted topics include post-pandemic economic development, public policy in emergency situations, socio-economic impacts on enterprises, risk governance, and impacts of COVID-19. This book is ideally intended for university students, researchers, policymakers, economic actors, economists, practitioners, stakeholders, government officials, academicians, and anyone interested in the impact of a pandemic on the global economy and how to deal with such issues in the future.