Do turbulent business environments shape asymmetric trade policy responses? insights into the covid-19 pandemic and the great recession

• Autores: Rozalia Kicsi, Aurel Burciu, Veronica Grosu, Ionel Bostan
• Localización: Revista de economía mundial, ISSN 1576-0162, Nº 61, 2022, págs. 237-256
• Idioma: inglés
• DOI: 10.33776/rem.v0i61.5508
• Títulos paralelos:
  • ¿los turbulentos entornos empresariales configuran las asimetrías del trato comercial? perspectivas de la pandemia de covid-19 y la gran recesión
• Enlaces
  • Texto completo
• Resumen
  • español

    La actual crisis pandémica y la Gran Recesión son los acontecimientos más turbulentos del siglo XXI. El objetivo de este documento es explorar e identificar el patrón de respuesta a través de combinaciones de intervenciones de política comercial perjudiciales durante estas dos crisis sistémicas.La evaluación descriptiva comparativa se centra en dos amplias categorías de medidas, es decir, las intervenciones perjudiciales relacionadas con las importaciones y las relacionadas con las exportaciones. De este análisis se desprenden algunos hechos estilizados y se llega a la conclusión de que las dos grandes crisis han dado lugar a respuestas diferentes por parte de los gobiernos, dictadas por razones y necesidades específicas. Estas pautas de respuesta ponen en tela de juicio el futuro y la estabilidad del sistema comercial internacional y el comportamiento de las empresas en el entorno empresarial mundial. Por lo tanto, esta investigación proporciona información valiosa no sólo para la comunidad empresarial, sino también para los responsables de la política macroeconómica.

  • English

    The current pandemic crisis and the Great Recession are the most turbulent events of the XXI century. The aim of the paper is to explore and identify the pattern of response through mixes of harmful trade policy interventions during these two systemic crises.The comparative descriptive assessment focuses on two broad categories of measures, i.e. import-related and export-related harmful interventions. Some stylized facts emerged from this analysis and draw the conclusion that the two major crises have led to different responses from governments, dictated by reasons and specific needs. These patterns of response challenge the future and stability of international trading system and the behavior of companies in the global business environment. Therefore, this research provides valuable information not only for the business community, but for macro-policy makers as well.

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