Do turbulent business environments shape asymmetric trade policy responses? Insights into the Covid-19 pandemic and the Great Recession
Today's pandemic and the Great Recession are the most turbulent moments of the 21st century. The aim of the paper is to explore the pattern of response through mixes of harmful trade policy interventions during these two systemic crises.The descriptive assessment focuses on two broad categorie...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universidad de Huelva
2022-06-01
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| Series: | Revista de Economía Mundial |
| Subjects: | |
| Online Access: | https://www.uhu.es/publicaciones/ojs/index.php/REM/article/view/5508 |
| _version_ | 1797267337528737792 |
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| author | Rozalia Kicsi Aurel Burciu Veronica Grosu Ionel Bostan |
| author_facet | Rozalia Kicsi Aurel Burciu Veronica Grosu Ionel Bostan |
| author_sort | Rozalia Kicsi |
| collection | DOAJ |
| description |
Today's pandemic and the Great Recession are the most turbulent moments of the 21st century. The aim of the paper is to explore the pattern of response through mixes of harmful trade policy interventions during these two systemic crises.The descriptive assessment focuses on two broad categories of measures, i.e. import-related and export-related harmful interventions. Some stylized facts emerged from this analysis and conclude that the two major crises led to different responses from governments, driven by specific reasons and needs. These patterns of response challenge the future of international trading system and the behavior of companies in the global business environment. Therefore, this research provides valuable information not only for the business community, but also for policymakers.
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| first_indexed | 2024-04-25T01:14:59Z |
| format | Article |
| id | doaj.art-99c3c58b9e4a4d5ba27988fb43eb0a4c |
| institution | Directory Open Access Journal |
| issn | 1576-0162 2340-4264 |
| language | English |
| last_indexed | 2024-04-25T01:14:59Z |
| publishDate | 2022-06-01 |
| publisher | Universidad de Huelva |
| record_format | Article |
| series | Revista de Economía Mundial |
| spelling | doaj.art-99c3c58b9e4a4d5ba27988fb43eb0a4c2024-03-09T11:48:50ZengUniversidad de HuelvaRevista de Economía Mundial1576-01622340-42642022-06-016110.33776/rem.v0i61.5508Do turbulent business environments shape asymmetric trade policy responses? Insights into the Covid-19 pandemic and the Great RecessionRozalia Kicsi0Aurel Burciu1Veronica Grosu2Ionel Bostan3"Stefan cel Mare" University of Suceava"Stefan cel Mare" University of Suceava"Stefan cel Mare" University of Suceava"Stefan cel Mare" University of Suceava Today's pandemic and the Great Recession are the most turbulent moments of the 21st century. The aim of the paper is to explore the pattern of response through mixes of harmful trade policy interventions during these two systemic crises.The descriptive assessment focuses on two broad categories of measures, i.e. import-related and export-related harmful interventions. Some stylized facts emerged from this analysis and conclude that the two major crises led to different responses from governments, driven by specific reasons and needs. These patterns of response challenge the future of international trading system and the behavior of companies in the global business environment. Therefore, this research provides valuable information not only for the business community, but also for policymakers. https://www.uhu.es/publicaciones/ojs/index.php/REM/article/view/5508businesssystemic crisistrade policyprotectionism |
| spellingShingle | Rozalia Kicsi Aurel Burciu Veronica Grosu Ionel Bostan Do turbulent business environments shape asymmetric trade policy responses? Insights into the Covid-19 pandemic and the Great Recession Revista de Economía Mundial business systemic crisis trade policy protectionism |
| title | Do turbulent business environments shape asymmetric trade policy responses? Insights into the Covid-19 pandemic and the Great Recession |
| title_full | Do turbulent business environments shape asymmetric trade policy responses? Insights into the Covid-19 pandemic and the Great Recession |
| title_fullStr | Do turbulent business environments shape asymmetric trade policy responses? Insights into the Covid-19 pandemic and the Great Recession |
| title_full_unstemmed | Do turbulent business environments shape asymmetric trade policy responses? Insights into the Covid-19 pandemic and the Great Recession |
| title_short | Do turbulent business environments shape asymmetric trade policy responses? Insights into the Covid-19 pandemic and the Great Recession |
| title_sort | do turbulent business environments shape asymmetric trade policy responses insights into the covid 19 pandemic and the great recession |
| topic | business systemic crisis trade policy protectionism |
| url | https://www.uhu.es/publicaciones/ojs/index.php/REM/article/view/5508 |
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