The Early Effects Of The Covid 19 Pandemic On International Trade And The World Economy

Author : Tardzenyuy Achileus
Publisher : GRIN Verlag
ISBN 13 : 3346925234
Total Pages : 27 pages
Book Rating : 4.37/5 ( download)

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Download or read book The Early Effects of the COVID-19 Pandemic on International Trade and the World Economy written by Tardzenyuy Achileus and published by GRIN Verlag. This book was released on 2023-08-21 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2021 in the subject Economics - International Economic Relations, , language: English, abstract: This text discusses the impacts of the COVID-19 pandemic on international trade and the world economy, focussing both on importing and exporting countries. First, the paper gives an overview of the general global impact of the pandemic, before discussing the economic effects on international trade. It then addresses an increase in trade costs and a decrease in productivity, as well as the impact travel restrictions had on the economy. The next part focusses on importing and exporting countries and lists the effects the pandemic and its restrictions had on both groups, respectively. In the final part, the paper elaborates on other ways in which COVID-19 has had an impact on the world economy, such as the loss of jobs because of business closures, therefore increased poverty and, as a consequence thereof, reduced purchasing power in the population. The coronavirus causes coronavirus disease 2019 (COVID-19). The World Health Organization (WHO) recognized the pandemic on 11 March 2020. According to the WHO website, as of 16 May 2020, more than 300,000 deaths from COVID-19 have been reported worldwide. To slow the spread of the coronavirus, many countries have imposed some form of restriction on people and businesses. Several countries have declared citywide or nationwide lockdowns. Also, many countries have imposed an entry ban on foreigners. Such restrictions have seriously harmed the world economy. For example, China’s economy shrank by 6.8% in the first quarter of 2020. This decrease is the first contraction since 1992, when China began releasing its GDP data. According to the World Economic Outlook, April 2020 by the International Monetary Fund (IMF), the global economy is projected to sharply contract by –3% in 2020.

Author : Enis Yakut
Publisher : Emerald Group Publishing
ISBN 13 : 1801173281
Total Pages : 175 pages
Book Rating : 4.85/5 ( download)

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Download or read book Industry 4.0 and Global Businesses written by Enis Yakut and published by Emerald Group Publishing. This book was released on 2022-01-21 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Randolf Jacob Montoya
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.72/5 ( download)

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Download or read book Interrupting International Trade written by Randolf Jacob Montoya and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Humans are presently dealing with a pandemic known as COVID-19, a highly contagious pandemic with a global health crisis that has never been seen before. This crisis has significantly impacted communications, employment, production, commerce, consumption, and human existence. With the new economic policies, travel restrictions, and border closures, the disruptions in the international transport sector resulted in a dramatic increase in trade costs. It refers to significantly affecting global commerce in the first quarter of 2020. This paper employs an analytical methodology that aggregates, accumulates, and categorizes domestic and international reports pertinent to the COVID-19 pandemic, government policies, the degree of economic policy uncertainty, and its impact on trade costs. In the present study, we first described in detail the travel restriction measures taken by World Trade Organization members, then the effect of the COVID-19 pandemic on trade costs, then the government pandemic response policies in the early stages of the COVID-19 pandemic, and finally the impact of the significantly increased trade costs on global trade and their underlying causes. This paper collected and categorized domestic and international reports on the COVID-19 pandemic through WTO and member country reports using an integrated analysis approach.

Author : Tardzenyuy Achileus
Publisher : Independently Published
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.12/5 ( download)

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Download or read book The Effects of Covid-19 on International Trade written by Tardzenyuy Achileus and published by Independently Published. This book was released on 2023-03-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to provide early evidence for the effects of the coronavirus pandemic on international trade. This coronavirus causes coronavirus disease 2019 (COVID-19). The World Health Organization (WHO) recognized the pandemic on 11 March 2020. According to the WHO website, as of 16 May 2020, more than 300,000 deaths from COVID-19 have been reported worldwide. To slow the spread of the coronavirus, many countries have imposed some form of restriction on people and businesses. Several countries have declared citywide or nationwide lockdowns. Also, many countries have imposed an entry ban on foreigners. Such restrictions have seriously harmed the world economy. For example, China's economy shrank by 6.8% in the first quarter of 2020. This decrease is the first contraction since 1992 when China began releasing its GDP data. According to the World Economic Outlook, April 2020 by the International Monetary Fund (IMF), the global economy is projected to sharply contract by -3% in 2020.

Author : Bari, Muhammad Waseem
Publisher : IGI Global
ISBN 13 : 1799871665
Total Pages : 380 pages
Book Rating : 4.68/5 ( download)

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Download or read book Impact of Infodemic on Organizational Performance written by Bari, Muhammad Waseem and published by IGI Global. This book was released on 2021-06-25 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: COVID-19 is not the only global challenge that the world is facing these days. The infodemic, based on the pandemic (COVID-19), is another serious challenge for the world at this time. Each flare-up is joined with a large volume of data and information; however, this data can be based on deception, gossip, rumors, and more. Misinformation not only impacts the human body negatively but also impacts mental health. The infodemic has an impact on human health and professional performance, but also leaks into business organizations in terms of financial matters, employees' psychological and physical health, employee performance, and the organization’s performance. The misinformation regarding health issues can disturb business organizations and affect the employees, organizations’ market share and financial matters, future firing and hiring policies of the organizations, and international operations of the companies. Though the COVID-19 pandemic may be over in time, the impact of the relevant infodemic will continue to disrupt business organizations for several years into the future. Impact of Infodemic on Organizational Performance highlights the impact of the infodemic due to the pandemic (COVID-19) in organizations’ performance and enhances the understanding of how the infodemic can and has negatively impacted employees as well as organizational performance. This is supplemented by a view of how organizations are tackling the infodemic and how business organizations can recover from the lasting negative impacts. This book highlights essential topics such as social media, knowledge management, business environments, business strategies, employee behavior, and mental health. The target audience includes but is not limited to managers, executives, human resource development, counselors, analysts, business organizations, practitioners, researchers, academicians, and students who are interested in the impacts of the infodemic on businesses and their employees and the relevant strategies to combat the effects.

Author : United Nations Publications
Publisher :
ISBN 13 : 9789211130003
Total Pages : 115 pages
Book Rating : 4.0X/5 ( download)

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Download or read book Impact of the Covid-19 Pandemic on Trade and Development written by United Nations Publications and published by . This book was released on 2021-03-31 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Institute of Medicine
Publisher : National Academies Press
ISBN 13 : 0309182158
Total Pages : 376 pages
Book Rating : 4.57/5 ( download)

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Download or read book Learning from SARS written by Institute of Medicine and published by National Academies Press. This book was released on 2004-04-26 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of severe acute respiratory syndrome (SARS) in late 2002 and 2003 challenged the global public health community to confront a novel epidemic that spread rapidly from its origins in southern China until it had reached more than 25 other countries within a matter of months. In addition to the number of patients infected with the SARS virus, the disease had profound economic and political repercussions in many of the affected regions. Recent reports of isolated new SARS cases and a fear that the disease could reemerge and spread have put public health officials on high alert for any indications of possible new outbreaks. This report examines the response to SARS by public health systems in individual countries, the biology of the SARS coronavirus and related coronaviruses in animals, the economic and political fallout of the SARS epidemic, quarantine law and other public health measures that apply to combating infectious diseases, and the role of international organizations and scientific cooperation in halting the spread of SARS. The report provides an illuminating survey of findings from the epidemic, along with an assessment of what might be needed in order to contain any future outbreaks of SARS or other emerging infections.

Author : Candy Lim CHIU
Publisher : Peter Lang D
ISBN 13 : 9783631862728
Total Pages : 424 pages
Book Rating : 4.25/5 ( download)

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Download or read book New Normal and New Rules in International Trade, Economics and Marketing written by Candy Lim CHIU and published by Peter Lang D. This book was released on 2021-09-08 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the increase in urbanization after the Industrial Revolution, success in local governance and balanced regional development has become even more important for the increase of overall welfare.

Author : Dean T. Jamison
Publisher : World Bank Publications
ISBN 13 : 1464805288
Total Pages : 426 pages
Book Rating : 4.88/5 ( download)

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Download or read book Disease Control Priorities, Third Edition (Volume 9) written by Dean T. Jamison and published by World Bank Publications. This book was released on 2017-12-06 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the culminating volume in the DCP3 series, volume 9 will provide an overview of DCP3 findings and methods, a summary of messages and substantive lessons to be taken from DCP3, and a further discussion of cross-cutting and synthesizing topics across the first eight volumes. The introductory chapters (1-3) in this volume take as their starting point the elements of the Essential Packages presented in the overview chapters of each volume. First, the chapter on intersectoral policy priorities for health includes fiscal and intersectoral policies and assembles a subset of the population policies and applies strict criteria for a low-income setting in order to propose a "highest-priority" essential package. Second, the chapter on packages of care and delivery platforms for universal health coverage (UHC) includes health sector interventions, primarily clinical and public health services, and uses the same approach to propose a highest priority package of interventions and policies that meet similar criteria, provides cost estimates, and describes a pathway to UHC.

Author : Mr. Shekhar Aiyar
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.78/5 ( download)

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Download or read book International Trade Spillovers from Domestic COVID-19 Lockdowns written by Mr. Shekhar Aiyar and published by International Monetary Fund. This book was released on 2022-06-17 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: While standard demand factors perform well in predicting historical trade patterns, they fail conspicuously in 2020, when pandemic-specific factors played a key role above and beyond demand. Prediction errors from a multilateral import demand model in 2020 vary systematically with the health preparedness of trade partners, suggesting that pandemic-response policies have international spillovers. Bilateral product-level data covering about 95 percent of global goods trade reveals sizable negative international spillovers to trade from supply disruptions due to domestic lockdowns. These international spillovers accounted for up to 60 percent of the observed decline in trade in the early phase of the pandemic, but their effect was shortlived, concentrated among goods produced in key global value chains, and mitigated by the availability of remote working and the size of the fiscal response to the pandemic.