COVID-19 and Trade Policy: Why Turning Inward Won’t Work
Richard E. Baldwin & Simon J. Evenett | 29 Apr 2020
World trade will soon collapse largely as a result of governments’ battle against the first wave of the COVID-19 pandemic. Conventional wisdom has it that economic recessions are the handmaiden of protectionism. Should governments turn inward and further weaken cross-border commercial ties? The contributors to this eBook assess pandemic-era trade policy developments, reference precedent cases, and provide an unequivocal answer: No.