Impact of COVID-19 on Commonwealth countries and prospect for trade recovery by Stefane Silva Andrade https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc en-us 2022-01-03 10:52:50 UTC 2024-06-19 16:18:41 UTC hello@padlet.com Impact of Covid in global economy stefanesilvaandrade https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1971955055 2022-01-03 11:22:08 UTC https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1971955055 Estimated time for countries to recover from COVID-19 stefanesilvaandrade https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1971976942 2022-Austria, Denmark, Sweden, Euro area, France, Italy, Canada and Switzerland

2023-OECD, UK, U.S and Ireland

2024- Chile, Czech Rep.; Iceland and Israel ]]> 2022-01-03 11:44:02 UTC https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1971976942 stefanesilvaandrade https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1971980128 2022-01-03 11:47:19 UTC https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1971980128 Working-Hours lost due to COVID-19 stefanesilvaandrade https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1971984474 The ILO estimated that working hours fell by 4.8% in the first
quarter of 2021 and by 4.4% in the second quarter of 2021, or an amount equivalent to 140
million jobs and 127 million full-time jobs, respectively. The ILO also estimated the loss in total
hours worked in the first half of 2021 was equivalent to 5.3% loss in global worker income,
exclusive of government transfer payments and benefits, or an amount equivalent to $1.3 trillion.]]> 2022-01-03 11:51:40 UTC https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1971984474 Volume of world merchandise trade (Exports) stefanesilvaandrade https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1971989779 2022-01-03 11:56:52 UTC https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1971989779 COVID-19 Impact on tourism stefanesilvaandrade https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1972009725 According to the World Bank, global GDP dropped by 4.3 percent in 2020, with consequences felt throughout supply chains and economies. In the United States, for example, between March 2020 and February 2021, there were an estimated 200,000 more permanent business closures than would have been average for the period. The pandemic has had a particularly negative impact on the global tourism economy. At times, international tourism has been almost completely halted, and nearly every country has imposed some form of travel restriction. According to the World Tourism Organization, international tourist visits fell by 84 percent from March to December 2020 compared to the same period the previous year, with the highest drops in Asia, Oceania, and Africa.]]> 2022-01-03 12:15:18 UTC https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1972009725 stefanesilvaandrade https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1972023846 2022-01-03 12:28:20 UTC https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1972023846 Measures taken by some countries to control the spread stefanesilvaandrade https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1972842394 During 2020, various governments adopted measures at both the national and international level to address the health and economic consequences of the COVID-19 pandemic. According to the United Nations Conference on Trade and Development (UNCTAD), these measures include incentives and subsidies to increase domestic production of vaccines and personal protective equipment (PPE) and direct state intervention through nationalization or through directives to increase output at facilities that currently produced PPE materials or to initiate production at other facilities. EU members moved independently to amend existing legislation or adopt new rules to expand their review of foreign investments for national security reasons, particularly rules related to acquisitions of firms involved in the production of medical care and health. Also, Australia, Canada, and Japan expanded the range of foreign investments they screen. In some cases, policy changes included enhanced foreign investment screening of foreign investment for “public interest” reasons that may remain after the pandemic crisis. The following image will explain about some measures taken by some countries.]]> 2022-01-03 19:32:08 UTC https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1972842394 Prospect for recover the trade stefanesilvaandrade https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1972863987 The U.N. also reported that governments adopted new regulations across a spectrum of areas 
and supported joint international efforts to address public aspects of the pandemic. State 
intervention spanned policy approaches from investment incentives to promote the 
production of medicines and medical equipment, assistance to affected firms and industries, 
measures to circumvent intellectual property rights restrictions, and international efforts to 
speed up vaccine production and cross-border sharing. The shift in approach toward the 
national security dimensions of foreign investment, especially by developed economies, has 
tended to blur the distinction between foreign investment, trade, and national security and 
reflects the evolving nature of the concept of national security relative to foreign investment. 
Conceivably, changes in technology and the global economy have made it more difficult to 
assess the economic costs and benefits of changes in foreign investment policies taken on 
national security grounds. 
 
]]> 2022-01-03 19:42:39 UTC https://padlet.com/stefanesilvaandrade/wiie11p1i16spsoc/wish/1972863987