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

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​​​​​​​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
Source: United Nations Conference on Trade and Development

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