Editorial: Impact of Covid 19 on Trade, FDI, Real Exchange Rate and Era of Digitalization: Brief Review Global Economy During Pandemic
The COVID-19 pandemic has not only triggered an unprecedented global health crisis but also a global economic, trade and investment crisis. Global Trade in merchandise fall from 12% to 32% in 2020. FDI flows are projected to fall further by 30% to 40% in 2020-202. The decline in trade is a reflectio...
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Format: | Article |
Language: | English |
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Departemen Ilmu Ekonomi Fakultas Ekonomi dan Bisnis Universitas Airlangga
2020-12-01
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Series: | JDE (Journal of Developing Economies) |
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Online Access: | https://e-journal.unair.ac.id/JDE/article/view/23641 |
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author | Rossanto Dwi Handoyo |
author_facet | Rossanto Dwi Handoyo |
author_sort | Rossanto Dwi Handoyo |
collection | DOAJ |
description | The COVID-19 pandemic has not only triggered an unprecedented global health crisis but also a global economic, trade and investment crisis. Global Trade in merchandise fall from 12% to 32% in 2020. FDI flows are projected to fall further by 30% to 40% in 2020-202. The decline in trade is a reflection, instead of a cause, of the economic contraction that occurred, caused by rising trade costs - from disruptions in transportation, logistics and supply chains, as well as trade restrictions. At the same time, the COVID-19 pandemic is driving an overall digital transition in society and industry. Since June 2020, there has been increasing trend in social media and other apps, it rose by 38 percent while streaming video increased to 35 percent. A significant increase was in the use of conference tools during the COVID-19 pandemic and it will have an impact on improving technology infrastructure.
Keywords: Pandemic COVID-19, Trade in Merchandise, FDI, Exchange Rate and Digitalization |
first_indexed | 2024-04-11T06:47:59Z |
format | Article |
id | doaj.art-7ea5cf8a056c457b9db5888792146fc1 |
institution | Directory Open Access Journal |
issn | 2541-1012 2528-2018 |
language | English |
last_indexed | 2024-04-11T06:47:59Z |
publishDate | 2020-12-01 |
publisher | Departemen Ilmu Ekonomi Fakultas Ekonomi dan Bisnis Universitas Airlangga |
record_format | Article |
series | JDE (Journal of Developing Economies) |
spelling | doaj.art-7ea5cf8a056c457b9db5888792146fc12022-12-22T04:39:18ZengDepartemen Ilmu Ekonomi Fakultas Ekonomi dan Bisnis Universitas AirlanggaJDE (Journal of Developing Economies)2541-10122528-20182020-12-0152848810.20473/jde.v5i2.2364119389Editorial: Impact of Covid 19 on Trade, FDI, Real Exchange Rate and Era of Digitalization: Brief Review Global Economy During PandemicRossanto Dwi Handoyo0https://orcid.org/0000-0002-4133-1207Department of Economics, Faculty of Economics and Business, Universitas AirlanggaThe COVID-19 pandemic has not only triggered an unprecedented global health crisis but also a global economic, trade and investment crisis. Global Trade in merchandise fall from 12% to 32% in 2020. FDI flows are projected to fall further by 30% to 40% in 2020-202. The decline in trade is a reflection, instead of a cause, of the economic contraction that occurred, caused by rising trade costs - from disruptions in transportation, logistics and supply chains, as well as trade restrictions. At the same time, the COVID-19 pandemic is driving an overall digital transition in society and industry. Since June 2020, there has been increasing trend in social media and other apps, it rose by 38 percent while streaming video increased to 35 percent. A significant increase was in the use of conference tools during the COVID-19 pandemic and it will have an impact on improving technology infrastructure. Keywords: Pandemic COVID-19, Trade in Merchandise, FDI, Exchange Rate and Digitalizationhttps://e-journal.unair.ac.id/JDE/article/view/23641pandemic covid-19trade in merchandisefdiexchange rate digitalization |
spellingShingle | Rossanto Dwi Handoyo Editorial: Impact of Covid 19 on Trade, FDI, Real Exchange Rate and Era of Digitalization: Brief Review Global Economy During Pandemic JDE (Journal of Developing Economies) pandemic covid-19 trade in merchandise fdi exchange rate digitalization |
title | Editorial: Impact of Covid 19 on Trade, FDI, Real Exchange Rate and Era of Digitalization: Brief Review Global Economy During Pandemic |
title_full | Editorial: Impact of Covid 19 on Trade, FDI, Real Exchange Rate and Era of Digitalization: Brief Review Global Economy During Pandemic |
title_fullStr | Editorial: Impact of Covid 19 on Trade, FDI, Real Exchange Rate and Era of Digitalization: Brief Review Global Economy During Pandemic |
title_full_unstemmed | Editorial: Impact of Covid 19 on Trade, FDI, Real Exchange Rate and Era of Digitalization: Brief Review Global Economy During Pandemic |
title_short | Editorial: Impact of Covid 19 on Trade, FDI, Real Exchange Rate and Era of Digitalization: Brief Review Global Economy During Pandemic |
title_sort | editorial impact of covid 19 on trade fdi real exchange rate and era of digitalization brief review global economy during pandemic |
topic | pandemic covid-19 trade in merchandise fdi exchange rate digitalization |
url | https://e-journal.unair.ac.id/JDE/article/view/23641 |
work_keys_str_mv | AT rossantodwihandoyo editorialimpactofcovid19ontradefdirealexchangerateanderaofdigitalizationbriefreviewglobaleconomyduringpandemic |