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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Main Author: Rossanto Dwi Handoyo
Format: Article
Language:English
Published: Departemen Ilmu Ekonomi Fakultas Ekonomi dan Bisnis Universitas Airlangga 2020-12-01
Series:JDE (Journal of Developing Economies)
Subjects:
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
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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
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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
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