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WORLD TRADE AFTER COVID-19 PANDEMIC SHOCK – RECOVERY OR STAGNATION?

Muhammad Naeem Akhter

American International Journal of Business and Management Studies2021https://doi.org/10.46545/aijbms.v3i1.205article
ABDC C
Weight
0.26

What the paper says

Globalization has shorten the world & make the life easier. It also results liberalization of trade. Hence, world trade or global trade acts as a coordinator of foreign trade of different countries. Due to the behavioral and structural position, world trade is also responsible for spreading crises and infectious diseases. Nowadays the world is facing a perilous situation for worldwide spreading of COVID-19 pandemic. The acceleration of this pandemic causes the deceleration of the normal life of the nations. The leaders of most of the countries implement restrictive policies to protect their citizens from this pandemic, i.e., lockdown, travel restrictions. Consequently, COVID-19 produces an economic impact through the interruptions of personal income, world trade, and demand & supply chain. After the last financial crisis 2008-09, the world is again facing a destructive fall in world trade. The aim of this paper is to provide an overview of world trade during COVID-19 and the present situation of this whether it is in stagnation or recovery. The paper uses secondary data from different journals, websites, newspapers and blogs for analysis purposes. This paper concludes that the world merchandise trade’s recovery is stronger than the world services trade. The reasons for sluggish world services trade is the restricted international travels & tourisms. There is no equal merchandise trade recovery for all the countries. Some countries are winners & some are losers.

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https://doi.org/https://doi.org/10.46545/aijbms.v3i1.205

Or copy a formatted citation

@article{muhammad2021,
  title        = {{WORLD TRADE AFTER COVID-19 PANDEMIC SHOCK – RECOVERY OR STAGNATION?}},
  author       = {Muhammad Naeem Akhter},
  journal      = {American International Journal of Business and Management Studies},
  year         = {2021},
  doi          = {https://doi.org/https://doi.org/10.46545/aijbms.v3i1.205},
}

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Evidence weight

0.26

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.00 × 0.4 = 0.00
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.