Event Title

The impact of COVID-19 on International Trade - political and economic effects in the new era of globalization

Session

Political Science

Description

Throughout history and in the 19th and 20th centuries, humanity and states faced financial crises: The Great Depression and the Financial Crisis of 2008-2009, which have had an intense impact in terms of rules and principles of trade and actors in international relations. From the end of 2019 until today, countries face the world pandemic known as COVID-19, which has impacted not only human health but also many other aspects internationally; setting rules and restrictions by the World Health Organization (WHO) regarding the movement of people and trade; in the decline of the volume and value of international trade in goods and services; production reductions by manufacturing companies; restriction of transport services; as well as a substantial decline in passenger airlines and air transport companies; limiting even the executive power of states in some cases. This research aims to highlight the impact that the pandemic has had in terms of international trade and the perspective of states' role in establishing rules and principles regarding the international political economy, especially in the new era of globalization, taking as a case study the states of North Macedonia, Albania, and Kosovo.

Keywords:

COVID-19; International political economy; Globalization; International relations; State

Session Chair

Ridvan Peshkopia

Session Co-Chair

Dritëro Arifi

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-96-7

Location

Lipjan, Kosovo

Start Date

31-10-2020 1:00 PM

End Date

31-10-2020 2:20 PM

DOI

10.33107/ubt-ic.2020.470

This document is currently not available here.

Share

COinS
 
Oct 31st, 1:00 PM Oct 31st, 2:20 PM

The impact of COVID-19 on International Trade - political and economic effects in the new era of globalization

Lipjan, Kosovo

Throughout history and in the 19th and 20th centuries, humanity and states faced financial crises: The Great Depression and the Financial Crisis of 2008-2009, which have had an intense impact in terms of rules and principles of trade and actors in international relations. From the end of 2019 until today, countries face the world pandemic known as COVID-19, which has impacted not only human health but also many other aspects internationally; setting rules and restrictions by the World Health Organization (WHO) regarding the movement of people and trade; in the decline of the volume and value of international trade in goods and services; production reductions by manufacturing companies; restriction of transport services; as well as a substantial decline in passenger airlines and air transport companies; limiting even the executive power of states in some cases. This research aims to highlight the impact that the pandemic has had in terms of international trade and the perspective of states' role in establishing rules and principles regarding the international political economy, especially in the new era of globalization, taking as a case study the states of North Macedonia, Albania, and Kosovo.