Poor countries need trade to recover from the pandemic. How can global cooperation help?
As developing countries from India to Mexico and Brazil try to bring the pandemic under control, poverty, food insecurity, and joblessness continue to rise. To recover, poor nations will need to trade more and increase their participation in global value chains. The trade policy environment, however, puts these opportunities at risk, with advanced economies also losing out from shrinking middle classes. How can global cooperation help?
Joining this episode of Trade Winds were:
Nonresident Senior Fellow, Peterson Institute for International Economics (PIIE)
- Mari Elka Pangestu
Managing Director of Developing Policy and Partnerships, World Bank
- Carlos Primo Braga
Associate Professor, Fundacao Dom Cabral, Brazil
ABOUT THIS SERIES
Trade Winds is a biweekly virtual discussion series hosted by Anabel González that explores the future of global commerce in the era of the COVID-19 pandemic, including ways that international cooperation on trade can accelerate the recovery.