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Impact of the COVID-19 Pandemic on Trade and Development: Transitioning to a New Normal

Impact of the COVID-19 Pandemic on Trade and Development: Transitioning to a New Normal Download (4.7 MB)

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Report

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This report looks at the economic impact of the pandemic and warns that the crisis could send more people into extreme poverty.

This report looks at the economic impact of the coronavirus disease (COVID-19) pandemic and charts a roadmap for more inclusive trade and economic development.

The report projects that the global economy will contract by 4.3% in 2020 and warns that the crisis could send an additional 130 million people into extreme poverty.

Contents

  • Introduction
  • Chapter 1: COVID-19 has shaken the trade and development landscape
  • Chapter 2: The pandemic has hit the most vulnerable the hardest
  • Chapter 3: Financing the response and recovery from the pandemic in developing countries
  • Chapter 4: Making international production networks more resilient
  • Chapter 5: Trade as a catalyst for a fairer and greener recovery
  • Conclusion

Published November 2020