This roundup of trade research, data, and policy insights by the Development Research Group at the World Bank focuses on the early impacts of the COVID-19 pandemic on the international movement of goods and services, and the people affected.
This roundup of trade research, data, and policy insights by the Development Research Group at the World Bank focuses on the early impacts of the COVID-19 pandemic on the international movement of goods and services, and the people affected.
How Resilient Was Trade to COVID-19?
Maria Bas, Ana Margarida Fernandes, and Caroline Paunov
World Bank Policy Research Working Paper 9975, March 2022
This paper examines which product supply-side characteristics affect the resilience of traded products to the COVID-19 pandemic. Relying on monthly product-level exports by all countries to the United States, Japan, and 27 European Union countries from January 2018 to December 2020, the paper estimates a difference-in-differences specification for the impact of COVID-19 incidence (deaths per capita) mediated by product characteristics, accounting for when exports reach their destination by relying on product transportation lags. Higher reliance on foreign inputs, China as an input supplier, and unskilled labor and a lower degree of complexity negatively affected exports as a result of COVID-19.
Globally Engaged Firms in the COVID-19 Crisis
Cristina Constantinescu, Ana Margarida Fernandes, Arti Grover, Stavros Poupakis, and Santiago Reyes
World Bank Policy Research Working Paper 9991, April 2022
How Resilient Was Trade to COVID-19?
Maria Bas, Ana Margarida Fernandes, and Caroline Paunov
World Bank Policy Research Working Paper 9975, March 2022
Occupational Hazards: Why Migrants Faced Greater Economic and Health Risks during the COVID-19 Pandemic
Laurent Bossavie, Daniel Garrote Sanchez, Mattia Makovec, and Çağlar Özden
World Bank Policy Research Working Paper 9873, December 2021
How to End the COVID-19 Pandemic by March 2022
Ruchir Agarwal, Tristan Reed
World Bank Policy Research Working Paper 9632, April 2021 | Blog
Who on Earth Can Work from Home?
Daniel Garrote Sanchez, Nicolas Gomez Parra, Çağlar Özden, Bob Rijkers, Mariana Viollaz, Hernan Winkler
The World Bank Research Observer 36 (1): 67–100, February 2021 | Working Paper Version | COVID-19 eSeminar Video (July 2020) | Story (October 2020)
Do Immigrants Push Natives towards Safer Jobs? Exposure to COVID-19 in the European Union
Laurent Bossavie, Daniel Garrote Sanchez, Mattia Makovec, Çağlar Özden
World Bank Policy Research Working Paper 9500, December 2020
The Effects of the Coronavirus Pandemic in Emerging Market and Developing Economies: An Optimistic Preliminary Account
Pinelopi K. Goldberg and Tristan Reed, Brookings Papers on Economic Activity, Summer, 161-211, 2020
Understanding the shock, its economic implications, and the policy challenge
Box I.B.2. in East Asia and Pacific in the Time of COVID-19 World Bank East Asia And Pacific Economic Update April 2020
Feasible actions to expand COVID-19 vaccine supply before the end of 2021
Mamta Murthi, Tristan Reed | Investing in Health, September 24, 2021
Immigration and natives’ exposure to COVID-related risks in the EU
Laurent Bossavie, Daniel Garrote Sanchez, Mattia Makovec, Çağlar Özden | VoxEU | September 1, 2021
The effects of the coronavirus pandemic in emerging market and developing economies: An optimistic preliminary account
Pinelopi K. Goldberg, Tristan Reed, Brookings BPEA article, June 25, 2020
In the COVID-19 vaccine market, the problem has always been demand, not supply
Tristan Reed | Let’s Talk Development, June 17, 2021
Which jobs are most at risk because of COVID-19?
Daniel Garrote Sanchez, Nicolás Gómez Parra, Çağlar Özden, Bob Rijkers | Future Development, May 18, 2020
Four reasons why globalized production helps meet demand spikes: The case of medical devices and personal and protective equipment
Penny Bamber, Karina Fernandez-Stark, Daria Taglioni | Let’s Talk Development, May 12, 2020
Free Trade Now: A Case for Tariff Reductions and Non-Tariff Measures Simplifications to Fight COVID-19
Ana Fernandes, Hiau Looi Kee, Çağlar Özden | Let’s Talk Development, May 11, 2020
POLICY BRIEFS
Policy Actions to Increase the Supply of COVID-19 Vaccines in the Short Term
Mamta Murthi and Tristan Reed, Research & Policy Brief 49, World Bank, Washington, DC, August 2021
The Coronavirus Pandemic in Emerging Market and Developing Economies: A Preliminary Optimistic Account
Pinelopi K. Goldberg, Tristan Reed | Brookings Papers on Economic Activity, June 25, 2020
Which jobs are most vulnerable to COVID-19? What an analysis of the European Union Reveals
Daniel Garrote Sanchez, Nicolas Gomez Parra, Çağlar Özden, Bob Rijkers | Research & Policy Brief 34, World Bank, May 2020
Five Ways that COVID-19 Diagnostics Can Save Lives
Tristan Reed, William Waites, David Manheim, Damien de Walque, Chiara Vallini, Roberta Gatti, Timothy B. Hallett | Research & Policy Brief 43, March 2021
PRESENTATIONS
Meeting global demand for medical supplies induced by the coronavirus pandemic
April 11, 2020
Tristan Reed, Fujie Wang, Nicolas Gomez Parra, Nicolas Eduardo Santos Villagran, Erhan Artuc, Çağlar Özden, Ana Fernandes
This presentation provides rules of thumb for assessing national needs for medical supplies, specifically personal protection equipment (PPE) for health workers, ventilators and testing kits, and a rough estimate of global demand.
COVID-19 and Trade Disruptions Due to China
April 1, 2020
Hiau Looi Kee
Background note prepared for presentation on short term impacts on trade due to lockdown in China.
In this talk by World Bank economist, Tristan Reed, explored new research on vaccine demand and supply that offers a path to reaching higher vaccination coverage against COVID-19, including challenges and opportunities around closing global vaccination gaps, examining vaccine need given age structures, available vaccines and COVID-19 dynamics, organized demand and financing for vaccine purchasing, vaccine supply chains and production capacity of manufacturers, and what the international community should do next.
Recording | Presentation | Event Information | Working Paper | Coverage in The Economist | Research Brief | More about Tristan Reed
The Labor Market Impacts of COVID-19
July 6, 2020 | Video
The novel coronavirus (COVID-19) outbreak has sparked deep concerns about the effects of the pandemic shock on employment. Nicholas Bloom (Stanford University), Edward Glaeser (Harvard University), Bob Rijkers (World Bank), and David Autor (MIT) discussed new research on how COVID-19 is rapidly changing labor market outcomes around the globe.
Labor Mobility, Migration, and COVID-19
May 14, 2020 | Video
Border closures, social distancing measures, and economic lockdowns are among the standard and immediate policies being implemented in the fight against COVID-19. The impact on labor markets—especially on migrant workers and their employers—has been swift and severe. Mushfiq Mobarak (Professor of Economics, Yale University), and Erhan Artuc (Senior Economist, World Bank).
Trade and Global Value Chains in the Age of COVID-19
April 22, 2020 | Video
How is COVID-19 disrupting global value chains? How will impaired global trade affect countries' ability to save lives and livelihoods? Richard Baldwin (Professor, Graduate Institute Geneva), Vasco Carvalho (Professor, Cambridge University), and Simon Evenett (Professor, University of St Gallen).