How can global demand shocks (including for emergency and medical supplies) be best modelled, accounting for uncertainty?
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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Modelling the Impact of the Coronavirus Pandemic on the UK economy
This proposed project seeks to use and develop NIESR's modelling capability to estimate the short term impact of the coronavirus pandemic on the UK economy, and to assess longer-term issues on how the economic recovery i...
Funded by: COVID
Lead research organisation: National Institute of Economic and Social Research
Why might this be relevant?
The project aims to model the impact of the coronavirus pandemic on the UK economy, which includes the demand for emergency and medical supplies.
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Development of new web-based scenario analysis tool to help international trading businesses plan through the COVID pandemic
The COVID-19 crisis has impacted millions of people in almost every corner of the globe. Together with its impact on public health, the COVID pandemic has detrimentally affected businesses around the UK and indeed aroun...
Funded by: Innovate UK
Lead research organisation: AQUAFFIRM LIMITED
Why might this be relevant?
The project specifically addresses the modeling of global demand shocks, including for emergency and medical supplies, in the context of the COVID-19 pandemic.
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COVID-19: Measuring the effects of Covid-19 on businesses and the UK economy
This proposal, coordinated by the University of Nottingham under the umbrella of the Economic Statistics Centre of Excellence (ESCoE), offers immediate data collection and research analysis about the impact of Covid-19 o...
Funded by: COVID
Lead research organisation: University of Nottingham
Why might this be relevant?
The project offers immediate data collection and research analysis about the impact of Covid-19 on businesses and the UK economy, which includes modeling the effects of Covid-19 on global demand shocks.