My remarkable padlet by https://padlet.com/hannamariam/7p6dufevp1tkriqj Made with a quick smile en-us 2022-01-04 23:41:26 UTC 2022-01-06 00:52:16 UTC hello@padlet.com covid-19 impact on commonwealth hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975347407 The pandemic of COVID-19 is having an unprecedented influence on global economies, enterprises, governments, and society.
COVID-19 has had an effect on trade by causing supply and demand shocks.



]]> 2022-01-05 00:36:58 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975347407 hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975353161 Quarantines, lockdowns, social distancing, and significant levels of uncertainty have resulted in a considerable decline in demand for products and services, with global value chains (GVCs) passing the economic blow on to upstream supplier economies. 

COVID-19's impact across sectors for all Commonwealth nations The strength of the effect was driven by a mix of supply and demand shocks that spread across the economy. While industries like as education and administration were not as much struck, due to the ability of people to work from home, retail, hotels, and restaurants were severely impacted due to their reliance on interactive means of delivery.




]]> 2022-01-05 00:41:45 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975353161 hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975361787 Some countries have been hit far harder than others. The variable impact of the pandemic in various nations shows that the reported differences between countries are due to structural factors. The first is the sectoral makeup of domestic activity; the second is exposure to trade in general, and specifically GVCs trade.Commonwealth nations Textiles and clothing (-5.9 percent) and re-import and re-export of services are the most impacted industries (-5.9 per cent). Hotels and restaurants are also losing money (-4.4%), which is critical for Commonwealth small island developing countries (SIDS) that rely on tourism.


]]> 2022-01-05 00:47:32 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975361787 hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975377454 The COVID-19 supply chain contagion has implications for the national revenues of Commonwealth countries. Export shocks have an impact on industrial value-added (i.e. worker and owner income), which in turn has an impact on domestic demand. ]]> 2022-01-05 00:57:58 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975377454 Trade Recovery hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975416712  
As countries throughout the globe begin to relax lockdown restrictions, there is a chance to instil more resilience in companies and supply networks, allowing them to recover more quickly.  however, 
The global recovery, will be uneven, and progress on it will  dependent on how other countries deal with the pandemic.  there are different recovery
]]> 2022-01-05 01:25:00 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975416712 traditional recovery hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975424880 The government's priority is quick but steady financial and economic growth, job security and creation, and assistance for critical industries. Businesses are seeking to minimise overheads, boost efficiency, and re-secure supply chains while dealing with the ongoing implications of the pandemic and the new health and safety rules for workers and consumers. ]]> 2022-01-05 01:29:55 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975424880 Recalibrated recovery: hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975431349 Governments will expedite convergence on a sustainable future by including equity, long-term sustainability, and associated objectives, while also supporting development and innovation in critical "bleeding edge" areas such as technology, finance, and health.]]> 2022-01-05 01:33:01 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1975431349 hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977542733 Annual FDI inflows to the Commonwealth expanded 2.5 times faster on average than global inflows in the period preceding the pandemic. The Commonwealth's contribution to global inflows increased by approximately 3 percentage points over this time, reaching 23.3 percent in 2019.]]> 2022-01-05 23:17:25 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977542733 hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977546746 The majority of Commonwealth countries had a considerable decrease in total FDI inflows in 2020, with the developed nations, for example Singapore, and large African economies such as Nigeria and South Africa experiencing the worst decreases in absolute terms.]]> 2022-01-05 23:22:52 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977546746 hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977567133 57 percent of announced greenfield projects in other Commonwealth members were funded by investors in Commonwealth developed nations in the three years before COVID-19 (Table 3.3). The United Kingdom played an important role by leading the way with $24.1 billion in outbound investment resulting in 79,414 employment (nearly one-third of the total generated through intra-Commonwealth investment). Singapore, India, and South Africa were important sources of intra-Commonwealth investment and jobs among emerging countries, as were Malaysia and Bangladesh to a limited extent.]]> 2022-01-05 23:49:44 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977567133 hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977579092 The global trade environment is changing dramatically, including the technology and governance frameworks that underlie and sustain contemporary commerce in products, services, and the digital economy. This changing climate poses both problems and huge potential to increase and deepen trade, investment, and innovation among the 53 member nations of our expanding Commonwealth family.]]> 2022-01-06 00:04:33 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977579092 hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977598660 Strengthening the Commonwealth Advantage: Trade, Technology, Governance has been prepared ahead of the Commonwealth Heads of Government Meeting in April. Building on the 2015 Commonwealth Trade Review, this second review presents new empirical findings, rich insights and practical recommendations on how to boost the ‘Commonwealth advantage’ in trade and investment.]]> 2022-01-06 00:23:33 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977598660 The Source of Future Growth and Commonwealth Advantage hannamariam https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977610043 Deepening intra- Commonwealth trade and investment – and using these possibilities to promote women and young entrepreneurs – can help drive economic growth, generate employment, and boost citizens' prosperity. These variables contribute to the achievement of the internationally agreed-upon goals of the 2030 Agenda for Sustainable Development. Towards a Common Future is the subject of this year's Commonwealth Heads of Government Meeting. This assessment indicates that the Commonwealth's intertwined economic and governance linkages provide a ready and sturdy foundation fabric from which we may jointly as a family of nations build a future that is fairer, more sustainable, more wealthy, and more safe.]]> 2022-01-06 00:31:54 UTC https://padlet.com/hannamariam/7p6dufevp1tkriqj/wish/1977610043