{"title":"Zdenek Drabek Comments on Impacts of Lockdown Policies on International Trade*","authors":"Z. Drabek","doi":"10.1162/asep_a_00824","DOIUrl":null,"url":null,"abstract":"Zdenek Drabek, CERGE-EI, Charles University: The effects of COVID-19 on global trade are undoubtedly a matter of major interest to all of us. The rise of China and Southeast Asia have been greatly enabled by globalization and the rapid growth of global trade and foreign direct investment. The spectacular transition of post-Communist countries from central planning to market-oriented economies has been driven by the success of economic integration in Europe. Even the United States, which has been recently attacking multilateral institutions, has been a beneficiary of improved market access around the globe. Open markets and capital mobility have been a major source of a spectacular growth of profits of big U.S. tech companies and financial institutions.","PeriodicalId":52020,"journal":{"name":"Asian Economic Papers","volume":"20 1","pages":"142-149"},"PeriodicalIF":5.3000,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asian Economic Papers","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1162/asep_a_00824","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Zdenek Drabek, CERGE-EI, Charles University: The effects of COVID-19 on global trade are undoubtedly a matter of major interest to all of us. The rise of China and Southeast Asia have been greatly enabled by globalization and the rapid growth of global trade and foreign direct investment. The spectacular transition of post-Communist countries from central planning to market-oriented economies has been driven by the success of economic integration in Europe. Even the United States, which has been recently attacking multilateral institutions, has been a beneficiary of improved market access around the globe. Open markets and capital mobility have been a major source of a spectacular growth of profits of big U.S. tech companies and financial institutions.
期刊介绍:
The journal Asian Economic Papers (AEP) is supported by several prominent institutions, including the Center for Sustainable Development at Columbia University in the United States. This shows that there is a strong emphasis on sustainable development within the journal's scope. Additionally, the Korea Institute for International Economic Policy in South Korea, the UN Sustainable Development Solutions Network (SDSN) in Malaysia, and the Economic Research Institute for ASEAN and East Asia in Indonesia also sponsor AEP. The articles published in AEP focus on conducting thorough and rigorous analyses of significant economic issues pertaining to specific Asian economies or the broader Asian region. The aim is to gain a deeper understanding of these issues and provide innovative solutions. By offering creative solutions to economic challenges, AEP contributes to the discourse and policymaking that impact the Asian economies and region as a whole.