How can policy measures best encourage and support businesses to recover and return to international trade post-crisis, given differing attitudes to risk?
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:
Topics
Related UKRI funded projects
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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
Why might this be relevant?
The project specifically addresses how policy measures can support businesses to recover and return to international trade post-crisis, providing real-time data and complex trade models.
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Going Global? Firms, Trade and Productivity After Brexit
Brexit is the biggest change to the UK's external relations for at least a generation. Leaving the EU will lead to the introduction of new barriers to trade between the UK and the EU, while also creating opportunities fo...
Funded by: ESRC
Why might this be relevant?
The project fully answers the question by studying the impact of Brexit on the UK's trade and economic performance, providing estimates of the effect of Brexit on various factors, and evaluating alternative post-Brexit trade policies.
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UK in a Changing Europe Fellowship
What types of trade agreements should the UK join post-Brexit? The world trading system, comprised of multilateral, mega-regional, and bilateral trade agreements offers multiple paths forward for the future of UK trade. ...
Funded by: ESRC
Why might this be relevant?
The project partially answers the question by conducting research on how individual firm responses to government policy and international agreements impact global trade flows, but does not specifically address policy measures to encourage and support businesses to recover and return to international trade post-crisis.