publication

Introduction

Authors:
Richard E BALDWIN
Simon J EVENETT
2020

The COVID-19 pandemic has sparked broad-based resort to export restrictions on medical supplies and food. This eBook asks: Should governments react to the health, economic, and trade crises by turning inward? The authors provide an unequivocal answer: No. Turning inward won’t help today’s fight against COVID-19. National trade barriers in a world of internationalised manufacturing processes will make it harder for every nation to produce vital medical supplies. Trade is not the problem; it is part of the solution. Insular policies will also fail to foster economic recovery, and they are a threat to the collaborative spirit that the human race will need to defeat this threat.