An assessment of trade policies related to COVID-19
Amidst the COVID-19 crisis, international trade was particularly important to guarantee the supply of medical and other goods. This article analyses COVID-19 trade-related policies found in the World Trade Organization (WTO) system from February to October 2020. We used the Database of WTO members’...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Universidade de Santiago de Compostela
2021-05-01
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| Series: | Revista Galega de Economía |
| Subjects: | |
| Online Access: | https://revistas.usc.gal/index.php/rge/article/view/7334 |
| _version_ | 1811165095514865664 |
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| author | Rosane Nunes de Faria Laura Mercedes Grimaldo Hidalgo Leonardo Ferraz |
| author_facet | Rosane Nunes de Faria Laura Mercedes Grimaldo Hidalgo Leonardo Ferraz |
| author_sort | Rosane Nunes de Faria |
| collection | DOAJ |
| description |
Amidst the COVID-19 crisis, international trade was particularly important to guarantee the supply of medical and other goods. This article analyses COVID-19 trade-related policies found in the World Trade Organization (WTO) system from February to October 2020. We used the Database of WTO members’ notifications on COVID-19, including information on 198 notifications. It allows us to observe the trend of notifications, countries and products most affected, types of measures, and the adherence to the WTO’s guidelines. Our findings show two waves of notifications. In the first wave, countries acted unilaterally with little regard to multilateral tools. However, in the second wave, characterized by the predominance of trade-facilitating measures, a trend towards multilateral actions is observed through the establishment of “declarations”. Personal protective equipment (PPE) and medical supplies were the most affected products, but agricultural and food products have also been heavily affected.
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| first_indexed | 2024-04-10T15:33:08Z |
| format | Article |
| id | doaj.art-21c754fe08214361a6fe8dcf90a0b364 |
| institution | Directory Open Access Journal |
| issn | 1132-2799 2255-5951 |
| language | English |
| last_indexed | 2024-04-10T15:33:08Z |
| publishDate | 2021-05-01 |
| publisher | Universidade de Santiago de Compostela |
| record_format | Article |
| series | Revista Galega de Economía |
| spelling | doaj.art-21c754fe08214361a6fe8dcf90a0b3642023-02-13T11:03:44ZengUniversidade de Santiago de CompostelaRevista Galega de Economía1132-27992255-59512021-05-0130110.15304/rge.30.1.7334An assessment of trade policies related to COVID-19 Rosane Nunes de Faria0Laura Mercedes Grimaldo Hidalgo1Leonardo Ferraz2Universidade Federal de São Carlos, Centro de Ciências em Gestão e Tecnologia, Departamento de Economia, Campus Sorocaba, Rodovia João Leme dos Santos (SP-264) km 110, 18052-780 Sorocaba SP, BrasilUniversidade Federal de São Carlos, Centro de Ciências em Gestão e Tecnologia, Departamento de Economia, Campus Sorocaba, Rodovia João Leme dos Santos (SP-264) km 110, 18052-780 Sorocaba SP, BrasilUniversidade Federal de São Carlos, Centro de Ciências em Gestão e Tecnologia, Departamento de Economia, Campus Sorocaba, Rodovia João Leme dos Santos (SP-264) km 110, 18052-780 Sorocaba SP, Brasil Amidst the COVID-19 crisis, international trade was particularly important to guarantee the supply of medical and other goods. This article analyses COVID-19 trade-related policies found in the World Trade Organization (WTO) system from February to October 2020. We used the Database of WTO members’ notifications on COVID-19, including information on 198 notifications. It allows us to observe the trend of notifications, countries and products most affected, types of measures, and the adherence to the WTO’s guidelines. Our findings show two waves of notifications. In the first wave, countries acted unilaterally with little regard to multilateral tools. However, in the second wave, characterized by the predominance of trade-facilitating measures, a trend towards multilateral actions is observed through the establishment of “declarations”. Personal protective equipment (PPE) and medical supplies were the most affected products, but agricultural and food products have also been heavily affected. https://revistas.usc.gal/index.php/rge/article/view/7334COVID-19WTO notificationInternational trade |
| spellingShingle | Rosane Nunes de Faria Laura Mercedes Grimaldo Hidalgo Leonardo Ferraz An assessment of trade policies related to COVID-19 Revista Galega de Economía COVID-19 WTO notification International trade |
| title | An assessment of trade policies related to COVID-19 |
| title_full | An assessment of trade policies related to COVID-19 |
| title_fullStr | An assessment of trade policies related to COVID-19 |
| title_full_unstemmed | An assessment of trade policies related to COVID-19 |
| title_short | An assessment of trade policies related to COVID-19 |
| title_sort | assessment of trade policies related to covid 19 |
| topic | COVID-19 WTO notification International trade |
| url | https://revistas.usc.gal/index.php/rge/article/view/7334 |
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