Covid-19: Keeping Trade Routes Open
A CEPR / LSE IGA / SPP webinar on: Covid-19: Keeping Trade Routes Open
Recorded 30 April 2020
Swati Dhingra, London School of Economics and Fellow, CEPR
Simon Evenett, University of St. Gallen and Fellow, CEPR
Pascal Lamy, Chair, Paris Peace Forum; former Director-General, WTO, and Distinguished Fellow, CEPR
Erik Berglof, Director, Institute of Global Affairs, LSE School of Public Policy and Fellow, CEPR
Just when an open trading system is needed more than ever to help nations cope with COVID-linked supply-disruptions, the system’s functioning is threatened by short-sighted thinking. In both advanced and emerging economies, trade and investment restrictions are springing up around the globe on medical equipment, food, and essential inputs – more on the export than import side, it seems. Much of the policy has been set without a clear understanding of how manufacturing and agriculture production is actually organised in the 21st century.