World trade in goods recorded a historic drop in the second quarter of 2020, caused by the COVID-19 pandemic, according to the latest Barometer of trade in goods, conducted by the World Trade Organization. Additional indicators show small increases in world trade, but the strength of such a recovery remains very high.
CPA Australia has published a document that identifies 4 directions for action for a sustainable recovery that involve both the private and public sectors, including the European institutions. The document can be accessed here.
An analysis of external deficits and external trade surpluses globally in the context of the IMF COVID-19 pandemic to compare the current financial crisis with that of 2010 and to identify lines of action for an effective economic recovery appropriate to the circumstances each state, depending on the imbalances
