Does Covid-19 experience strike at the root of international trade?

The Globalization of Trade, Trade Theory: It has taken all of 4 weeks to spread panic across the
globe, with businesses getting shut and people staying home. Interestingly, oil was still being
transported, foodgrains were still being shipped, laptops were being manufactured, chipmakers
were making chips and the call center in the Philippines still responded to your query. Two words that
suddenly captured everyone’s attention – supply chain (clearly connected with trade!). The world
has coped and appears to be coping without major hiccups in the ‘supply chain’ so far.
The aftermath of Covid-19 presents a global scenario rife with opportunities and risks for trade,
businesses, society, and people. Does Covid-19 experience strike at the root of international trade?
The fact is that supply chains continued to perform. The issue of supply chain and trade – is it an
issue at all for the 190+ countries? Or, is it relevant to a handful of countries? Does Covid-19
experience strengthen the need for even more international connectedness of economies, perhaps
with more Plan-B’s? Perhaps build redundancies. What kinds of challenges can one foresee? What
implications can we think of going forward for nations?

Last Completed Projects