COVID-19: Expanding access to essential supplies in a value chain world

Fiorini, Matteo; Hoekman, Bernard; Yildirim, Aydin (2020). COVID-19: Expanding access to essential supplies in a value chain world. In: Baldwin, Richard; Evenett, Simon J. (eds.) COVID-19 and Trade Policy: Why Turning Inward Won’t Work (pp. 63-76). London: CEPR Press

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Some governments have responded to shortages of medical supplies by imposing export
controls and requisitioning domestic suppliers. This chapter examines several recent
examples where restrictions and confiscations actually made it harder, not easier, to
get vital equipment to healthcare professionals. The authors argue that such policies
have and will continue to backfire because they impede the operation of international
supply chains that are today a critical element of all nations’ manufacturing capacity.
One policy lesson is that governments should work with industry to put in place systems
to identify and address supply-chain bottlenecks that affect production and trade in
essential equipment.

Item Type:

Book Section (Book Chapter)

Division/Institute:

02 Faculty of Law > Department of Economic Law > World Trade Institute
10 Strategic Research Centers > World Trade Institute

UniBE Contributor:

Yildirim, Aydin Baris

Subjects:

300 Social sciences, sociology & anthropology > 320 Political science
300 Social sciences, sociology & anthropology > 380 Commerce, communications & transportation

ISBN:

978-1-912179-30-5

Publisher:

CEPR Press

Language:

English

Submitter:

Pablo Rahul Das

Date Deposited:

05 May 2020 11:43

Last Modified:

05 Dec 2022 15:38

Related URLs:

Additional Information:

A CEPR Press VoxEU.org eBook

URI:

https://boris.unibe.ch/id/eprint/143784

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