Report

Trade in the Post-Pandemic World

Gary Sampson

Committee for Economic Development of Australia (CEDA) | Published : 2020

Abstract

The COVID-19 pandemic has led many to predict the end of globalisation. Confronted with unprecedented social and economic challenges, countries are prioritising their own citizens and aiming for varying degrees of self-sufficiency and independence. Nowhere is this more apparent than in the global trading system. History tells us that a search for self-sufficiency driven by economic nationalism is coupled with rampant protectionism: subsidies, increased border protection, export controls along with a plethora of other clandestine trade distorting measures, all of which fall outside the discipline of internationally agreed norms. The pandemic has created unprecedented worldwide demand for med..

View full abstract

University of Melbourne Researchers