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Geopolitical tensions and economic fragmentation: a trade policy response
Carlos A. Primo Braga is an Adjunct Professor, Fundação Dom Cabral, Brazil; Visiting Professor at IMD, Switzerland and at El Colegio de México.
Douglas Lippoldt is a non-resident Senior Fellow at the Centre for International Governance Innovation (CIGI, Canada). At a time when effective global co-ordination and action are desperately required, developments on the ground present several challenges. The shock from the COVID-19 pandemic elicited protectionist sentiment in some areas and continues to weigh on the global economy, despite the heroic response by the medical community. The war in Ukraine is tremendously costly to the adversaries. It has also proven very costly to third parties, especially those dependent on food and energy supply from the region.
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