The Trade Cure for the Global Economy
As world leaders work to revitalize multilateralism to confront the COVID-19 crisis, they must also reshape it in a way that recognizes and reflects the many dimensions of global interdependency. This means, first and foremost, ensuring an open and sustainable global trading system.
HONG KONG – The COVID-19 pandemic has sent the world into perilous, uncharted territory from which no country will emerge unscathed. Over half of the global population is under some form of lockdown. All economies, rich and poor, are falling into recession and can limit the fallout only by working together.