International trade in times of crisis: Lessons learned for the future
International trade can play a key role in promoting sustainable industrial development and in integrating developing countries into global markets. Times of crisis can disrupt existing patterns of international trade, and challenge, inter alia, global value chains, supply chains, governance, and policy.
Amidst the COVID-19 pandemic, lockdowns and mobility restrictions caused uncertainty in international trade, leaving firms and governments with vulnerabilities and dependencies in terms of economic growth. Similar crisis might come in the near future, thus, it seems crucial to assess the ability of economies and international trade to adjust to new circumstances.
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COVID-19, lockdowns and international trade: Evidence from firm-level data COVID-19, lockdowns and international trade: Evidence from firm-level data
Evidence indicates that Portuguese firms successfully adapted their operations in the face of COVID-19 containment measures.
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Trade insurance matters more in times of uncertainty Trade insurance matters more in times of uncertainty
Evidence from the COVID-19 pandemic and the global financial crisis.
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Learning from tumultuous times: Structural risks in international trade Learning from tumultuous times: Structural risks in international trade
Recent research into global supply chain risks highlights why high-tech products are particularly susceptible to shocks.
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The changing landscape of international business post-COVID-19 The changing landscape of international business post-COVID-19
The pandemic will have an uneven impact on international business potentially changing the landscape in which companies operate.
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The pandemic through a trade lens The pandemic through a trade lens
Global trade has proved to be less vulnerable than many initially feared and may help drive the recovery.