What different patterns can be observed in trade and investment flows following exogenous shocks (such as COVID-19), compared to endogenous shocks (such as a financial shock) to the economy?

Background

COVID-19 has posed a major economic shock, disrupting trade flows, stretching supply chains, and challenging international organisations that uphold systems of global governance as well as broader perceptions of international openness. Beyond immediate policy responses, evidence should support long-term recovery and economic security within the global rules-based system.

Next steps

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Source

This question was published as part of the set of ARIs in this document:

DIT Areas of research interest 2020 to 2021 GOVUK

Related UKRI funded projects

  • MultiLateral Thinking - Coriolis Technologies

    **Vision** - COVID-19 will change the nature of trade and impact the UK's economic performance, trade strategy/policy and global position. WTO forecasts global trade will fall 30% due to COVID-19\. COVID-19 places unique...

    Funded by: Innovate UK

    Lead research organisation: CORIOLIS TECHNOLOGIES LIMITED

    Why might this be relevant?

    The project aims to determine the actual impact of COVID-19 on trade and develop innovative technology to support policymakers, which directly addresses the question.

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