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Countries in Africa should strive to maintain trade flows during the crisis to secure access to medical goods and services, and food and other essential items such as farm inputs. This requires keeping borders open to the largest extent possible and avoiding measures such as export bans or...
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We examine the impact of the COVID-19 pandemic on Kenya's foreign trade using quarterly trade data for the period 2019 to the second quarter of 2021. The exploratory analysis shows that growth of Kenya's merchandise exports remained resilient, largely supported by traditional exports of tea and...
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In light of the unprecedented mutation of the COVID-19 pandemic into a global economic recession, the WTO projects world trade volume to plummet by a staggering 13 percent to 32 percent in 2020. This translates to large-scale losses in global output and employment, especially in trade-oriented...
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effects on China’s regional economy through the globalized value chains and international trade. To measure the global … economic impacts of the pandemic on China’s regional economy as well as to provide practical policy suggestions for economic …1) the outbreak within China; (S2) the spread of the disease to advanced countries and regions; (S3) the escalation of …
Persistent link: https://www.econbiz.de/10014077297
This paper investigates the impact of the Covid-19 pandemic on trade flows in the case of the European countries. First, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period (2019M1-2021M12); then, the GMM and PCSE approaches are...
Persistent link: https://www.econbiz.de/10014080051
This article argues that although some of the short-term consequences of the COVID-19 pandemic for international trade may be serious, they do not appear to be unmanageable. From this perspective, one could expect that once the pandemic disappears (or is at least under control), international...
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