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COVID-19 and Trade Policy: Why Turning Inward Won’t Work

The COVID-19 pandemic sparked broad-ranging resort to export restrictions on medical supplies and food. This eBook asks: Should governments react to the health, economic, and trade crises by turning inward? The authors provide an unequivocal answer: No. Turning inward won’t help today’s fight against COVID-19. National trade barriers in a world of internationalised manufacturing processes will make it harder for every nation to produce vital medical supplies. Insular policies will also fail to foster economic recovery, and they are a threat to the collaborative spirit that the human race will need to defeat this threat.

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Baldwin, R and S Evenett (eds) (2020), ‘COVID-19 and Trade Policy: Why Turning Inward Won’t Work‘, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Baldwin, R and S Evenett (2020), ‘Introduction: COVID-19 and Trade Policy: Why Turning Inward Won’t Work‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Stellinger, A, I Berglund and H Isakson (2020), ‘How trade can fight the pandemic and contribute to global health‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Bown, C (2020), ‘COVID-19: Demand spikes, export restrictions, and quality concerns imperil poor country access to medical supplies‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Evenett, S (2020), ‘Flawed prescription: Export curbs on medical goods wonít tackle shortages‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Fiorini, M, B Hoekman and A Yilidirim (2020), ‘COVID-19: Expanding access to essential supplies in a value chain world‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Hoekman, B, M Fiorini and A Yilidirim (2020), ‘COVID-19: Export controls and international cooperation‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Martin, W and J Glauber (2020), ‘Trade policy and food security‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Pauwelyn, J (2020), ‘Export restrictions in times of pandemic: Options and limits under international trade agreements‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Javorcik, B (2020), ‘Global supply chains will not be the same in the post-COVID-19 world‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Miroudot, S (2020), ‘Resilience versus robustness in global value chains: Some policy implications‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Kowalski, P (2020), ‘Will the post-COVID world be less open to foreign direct investment?‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Heiland, I and K Ulltveit-Moe (2020), ‘An unintended crisis in sea transportation due to COVID-19 restrictions‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Wolfe, R (2020), ‘Exposing governments swimming naked in the COVID-19 crisis with trade policy transparency (and why WTO reform matters more than‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

Citation

Evenett, S (2020), ‘What's next for protectionism? Watch out for state largesse, especially export incentives‘, in Baldwin, R and S Evenett (eds), COVID-19 and Trade Policy: Why Turning Inward Won’t Work, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/covid-19-and-trade-policy-why-turning-inward-wont-work

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