What challenges might developing economies face when engaging with the international economy that developed economies might not? How can the UK best support trade recovery in developing economies?

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

Get in touch with ari.comment@go-science.gov.uk

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 partially answers the question by providing evidence to support long-term recovery and economic security within the global rules-based system, but does not specifically address the challenges faced by developing economies or how the UK can support trade recovery in these economies.

  • Centre for Inclusive Trade Policy

    For the first time in 50 years the UK has 'sovereignty' over its trade policy. It must now decide, for example, how to configure its free trade agreements, its regulations for imported food and digital trade and its trad...

    Funded by: ESRC

    Lead research organisation: University of Sussex

    Why might this be relevant?

    The project fully answers the question by addressing the challenges faced by developing economies when engaging with the international economy and providing insights on how the UK can best support trade recovery in these economies.

  • Global Power Shifts and the Changing Dynamics of Export Finance

    State-backed export credit (the use of loans and other forms of financing by states to boost exports) has recently burst onto the public stage, becoming a highly contentious area of both national policymaking and interna...

    Funded by: ESRC

    Lead research organisation: University of Edinburgh

    Why might this be relevant?

    The project does not answer the question as it focuses on the analysis of major changes in the global dynamics of export credit, rather than the challenges faced by developing economies or how the UK can support trade recovery in these economies.

  • Competitive Advantage in the Global Economy (CAGE)

    CAGE will aim to build on initial success while offering some important innovations. The overarching theme will continue to be 'succeeding in the global economy' and the Centre will be organised into research themes each...

    Funded by: ESRC

    Lead research organisation: University of Warwick

  • Unlocking the potential for future India-UK trade and development

    This project aims at understanding which factors stimulate or hamper economic relations between the UK and India. Both countries are important markets for each other's exporters and investors, and it is imperative to unl...

    Funded by: ESRC

    Lead research organisation: University of Sussex

  • Transformations in Global Economic Governance: Integration via Free Trade Agreements

    The seminar series aims to generate new research, create networks, foster capacity building and user engagement by providing an interdisciplinary forum for debate and discussion on: (a) the regulatory, economic and socia...

    Funded by: ESRC

    Lead research organisation: Bournemouth University

  • 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

    Lead research organisation: University of Cambridge

    Why might this be relevant?

    The project specifically focuses on UK trade agreements post-Brexit and how they impact global trade, addressing challenges faced by developing economies.

  • The Economic Impacts of Post-Brexit Trade Options

    The UK's exit from the European Union presents policymakers with an unprecedented set of challenges, risks and opportunities. Perhaps nowhere are these more significant than in the decisions that the UK will have to make...

    Funded by: ESRC

    Lead research organisation: Institute for Fiscal Studies

  • Creating a Progressive Canada-UK Free Trade Agreement: Gaining Civil Support in a Post-Brexit World

    This research comprehensively assesses strategies to strengthen support for an inclusive and progressive Canada-UK FTA in a post-Brexit context. Canada and the United Kingdom (UK) have prospered from a productive commerc...

    Funded by: ESRC

    Lead research organisation: University of Sussex

Similar ARIs from other organisations