COVID-19: Global trade and supply chains after the pandemic

COVID | Trade

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10

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This is a well-organized report from an independent consultant to the IISS .  The Institute provides information and analysis, builds networks, and seeks to influence security policy globally.

The core messages of this report are:

  •  COVID-19 resulted in an unprecedented dislocation of international trade and supply chains.
  • The World Trade Organization expects international commerce to fall by between 13% and 32% in 2020.
  • Global supply chains have been permanently changed; China will remain a key player that some countries will never decouple from.
  • Localization and regionalization of strategic products is likely and will be costly for the end-consumer.
  • Illicit trade has continued during COVID-19, chiefly affecting medical products, requiring a multilateral policy response.
India China and America (ICA) Institute
Economic Development, Economics, International Relations, International Trade
It fosters economic growth through innovation, entrepreneurship, and inclusiveness within India, China, and America. It champions trade and investment among these three major economies. The institute provides an impartial platform…

Institute of Economic Affairs
Economic Governance, Economic Policy, Economics, Economy
It aims to promote free-market thinking by analyzing and explaining the role of markets in solving economic and social problems. It was established to promote free-market solutions to economic challenges…

Institute for Agriculture & Trade Policy
Agriculture, International Trade, Policy Advising, Policy Research, Sustainable Trade
It’s researching and advocating for sustainable food, farm, and trade systems, working to create equitable food and agriculture systems. The institute analyzes the complexity of societal structures and sees how…