{"id":231,"date":"2020-08-13T18:53:17","date_gmt":"2020-08-13T18:53:17","guid":{"rendered":"http:\/\/csismag.local\/?post_type=issues&#038;p=231"},"modified":"2020-08-13T23:00:28","modified_gmt":"2020-08-13T23:00:28","slug":"covid-19-and-the-global-economy","status":"publish","type":"issues","link":"https:\/\/mag.csis.org\/issues\/covid-19-and-the-global-economy\/","title":{"rendered":"Covid-19 and the Global Economy"},"content":{"rendered":"<div class=\"csis-block wp-block-lazyblock-csismag-original lazyblock-csismag-original-ZHnb7z\">\n<article class=\"post-block post-block--post post-228 post type-post status-publish format-standard has-post-thumbnail hentry\" id=\"post-228\">\n\t<header class=\"post-block__header\">\n\t\t<div class=\"post-meta\"><ul class=\"post-meta__top\"><\/ul><div class=\"post-meta__original\">CSIS<i>Mag<\/i> Original Feature<\/div><\/div><h2 class=\"post-block__title\"><a href=\"https:\/\/mag.csis.org\/labor-market-covid\/\">Lasting Disruption to the Labor Market<\/a><\/h2>\t<\/header>\n\n\t<p class=\"post-block__excerpt\">Job growth continued in July but has slowed considerably from earlier this summer. Deeper analysis reveals that some worrying trends have emerged in the labor market. <\/p>\n<div class=\"post-meta post-meta__authors\"><span class=\"post-meta__label\">By<\/span> <span class=\"post-meta__value\"><a href=\"https:\/\/www.csis.org\/people\/matthew-p-funaiole\" title=\"Visit Matthew P. Funaiole&#8217;s website\" rel=\"author external\">Matthew P. Funaiole<\/a>, <a href=\"https:\/\/www.csis.org\/people\/serven-maraghi\" title=\"Visit Serven Maraghi&#8217;s website\" rel=\"author external\">Serven Maraghi<\/a><\/span><\/div><figure class=\"post-block__img\">\n\t\t\t<a href=\"https:\/\/mag.csis.org\/labor-market-covid\/\"><img loading=\"lazy\" width=\"1200\" height=\"600\" src=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/csismag-illustration-unemployment-1200x600.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"A representation of the labor market through an illustration of a line of people outside an Employment Office.\" decoding=\"async\" srcset=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/csismag-illustration-unemployment-1200x600.jpg 1200w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/csismag-illustration-unemployment-300x150.jpg 300w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/csismag-illustration-unemployment-1024x512.jpg 1024w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/csismag-illustration-unemployment-768x384.jpg 768w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/csismag-illustration-unemployment-1536x768.jpg 1536w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" data-attachment-id=\"263\" data-permalink=\"https:\/\/mag.csis.org\/csismag-illustration-unemployment\/\" data-orig-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/csismag-illustration-unemployment-scaled.jpg\" data-orig-size=\"2560,1280\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"csismag-illustration-unemployment\" data-image-description=\"\" data-medium-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/csismag-illustration-unemployment-300x150.jpg\" data-large-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/csismag-illustration-unemployment-1024x512.jpg\" \/><\/a>\n\t\t<\/figure>\n<\/article><!-- .post -->\n<\/div>\n\n<div class=\"csis-block wp-block-lazyblock-csis-content lazyblock-csis-content-Z12iooy alignright\"><article class=\"csis-block--content\">\n  <header class=\"csis-block__header\">\n    <h2 class=\"csis-block__title\">\n      <a href=\"https:\/\/www.csis.org\/analysis\/breaking-down-g20-covid-19-fiscal-response-june-2020-update\" title=\"Read full article.\">Breaking Down the G20 Covid-19 Fiscal Response: June 2020 Update<\/a>\n    <\/h2>\n    <div class=\"csis-block__meta\">\n      <span class=\"csis-block__type\">Commentary<\/span>\n    <\/div>\n  <\/header>\n  <p class=\"csis-block__desc\">The CSIS Economic Program analyzes the components of G20 countries\u2019 fiscal responses to the Covid-19 pandemic and related economic shock. Updated June 29, 2020.<\/p>\n    <ul class=\"post-meta post-meta__authors\">\n        <li class=\"post-meta__value\"><a href=\"https:\/\/www.csis.org\/people\/stephanie-segal\">Stephanie Segal<\/a><\/li>\n                <li class=\"post-meta__value\"><a href=\"https:\/\/www.csis.org\/people\/dylan-gerstel\">Dylan Gerstel<\/a><\/li>\n            <\/ul>\n  <div class=\"csis-block__buttons\">\n    <a href=\"https:\/\/www.csis.org\/analysis\/breaking-down-g20-covid-19-fiscal-response-june-2020-update\" title=\"Read full article.\" class=\"csis-block__cta btn btn--solid\">Read More<\/a>\n  <\/div>\n  <figure class=\"csis-block__img\">\n\n    <a href=\"https:\/\/www.csis.org\/analysis\/breaking-down-g20-covid-19-fiscal-response-june-2020-update\" title=\"Read full article.\">\n      <img data-attachment-id=\"245\" data-permalink=\"https:\/\/mag.csis.org\/breaking-down-g20-fiscal-response\/\" data-orig-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/breaking-down-g20-fiscal-response.jpg\" data-orig-size=\"1040,585\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"breaking-down-g20-fiscal-response\" data-image-description=\"\" data-medium-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/breaking-down-g20-fiscal-response-300x169.jpg\" data-large-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/breaking-down-g20-fiscal-response-1024x576.jpg\" decoding=\"async\" loading=\"lazy\" width=\"1040\" height=\"585\" src=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/breaking-down-g20-fiscal-response.jpg\" alt=\"\" class=\"wp-image-245\" srcset=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/breaking-down-g20-fiscal-response-300x169.jpg 300w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/breaking-down-g20-fiscal-response-1024x576.jpg 1024w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/breaking-down-g20-fiscal-response-768x432.jpg 768w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/breaking-down-g20-fiscal-response.jpg 1040w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/>\n    <\/a>\n  <\/figure>\n<\/article><\/div>\n\n<div class=\"csis-block wp-block-lazyblock-csis-content lazyblock-csis-content-53GUd\"><article class=\"csis-block--content\">\n  <header class=\"csis-block__header\">\n    <h2 class=\"csis-block__title\">\n      <a href=\"https:\/\/www.csis.org\/analysis\/compulsory-licensing-cure-distributing-cure\" title=\"Read full article.\">Compulsory Licensing: A Cure for Distributing the Cure?<\/a>\n    <\/h2>\n    <div class=\"csis-block__meta\">\n      <span class=\"csis-block__type\">Critical Questions<\/span>\n    <\/div>\n  <\/header>\n  <p class=\"csis-block__desc\">As pharmaceutical companies race to discover a vaccine for Covid-19 continues, how do they balance protecting their investment and intellectual property while still providing cheap and equitable access worldwide? The Scholl Chair explains the relevant WTO rules and issues.<\/p>\n    <ul class=\"post-meta post-meta__authors\">\n        <li class=\"post-meta__value\"><a href=\"https:\/\/www.csis.org\/people\/william-alan-reinsch\">William Reinsch<\/a><\/li>\n                <li class=\"post-meta__value\"><a href=\"https:\/\/www.csis.org\/people\/jack-caporal\">Jack Caporal<\/a><\/li>\n            <\/ul>\n  <div class=\"csis-block__buttons\">\n    <a href=\"https:\/\/www.csis.org\/analysis\/compulsory-licensing-cure-distributing-cure\" title=\"Read full article.\" class=\"csis-block__cta btn btn--solid\">Read More<\/a>\n  <\/div>\n  <figure class=\"csis-block__img\">\n\n    <a href=\"https:\/\/www.csis.org\/analysis\/compulsory-licensing-cure-distributing-cure\" title=\"Read full article.\">\n      <img data-attachment-id=\"244\" data-permalink=\"https:\/\/mag.csis.org\/compulsory-licensing-a-cure-for-distributing-the-cure\/\" data-orig-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/compulsory-licensing-a-cure-for-distributing-the-cure.jpg\" data-orig-size=\"1040,585\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"compulsory-licensing-a-cure-for-distributing-the-cure\" data-image-description=\"\" data-medium-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/compulsory-licensing-a-cure-for-distributing-the-cure-300x169.jpg\" data-large-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/compulsory-licensing-a-cure-for-distributing-the-cure-1024x576.jpg\" decoding=\"async\" loading=\"lazy\" width=\"1040\" height=\"585\" src=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/compulsory-licensing-a-cure-for-distributing-the-cure.jpg\" alt=\"\" class=\"wp-image-244\" srcset=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/compulsory-licensing-a-cure-for-distributing-the-cure-300x169.jpg 300w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/compulsory-licensing-a-cure-for-distributing-the-cure-1024x576.jpg 1024w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/compulsory-licensing-a-cure-for-distributing-the-cure-768x432.jpg 768w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/compulsory-licensing-a-cure-for-distributing-the-cure.jpg 1040w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/>\n    <\/a>\n  <\/figure>\n<\/article><\/div>\n\n<div class=\"csis-block wp-block-lazyblock-csis-content lazyblock-csis-content-ZlfvKD alignright\"><article class=\"csis-block--content\">\n  <header class=\"csis-block__header\">\n    <h2 class=\"csis-block__title\">\n      <a href=\"https:\/\/www.csis.org\/analysis\/chinas-digital-silk-road-after-coronavirus\" title=\"Read full article.\">China\u2019s Digital Silk Road after the Coronavirus<\/a>\n    <\/h2>\n    <div class=\"csis-block__meta\">\n      <span class=\"csis-block__type\">Commentary<\/span>\n        <span class=\"csis-block__series\">On the Horizon<\/span>\n    <\/div>\n  <\/header>\n  <p class=\"csis-block__desc\">China\u2019s technology ambitions appeared imperiled by Covid-19, but the pandemic is already providing new opportunities for China\u2019s rise as a technology power and global provider of digital infrastructure.<\/p>\n    <ul class=\"post-meta post-meta__authors\">\n        <li class=\"post-meta__value\"><a href=\"https:\/\/www.csis.org\/people\/jude-blanchette\">Jude Blanchette<\/a><\/li>\n                <li class=\"post-meta__value\"><a href=\"https:\/\/www.csis.org\/people\/jonathan-e-hillman\">Jonathan Hillman<\/a><\/li>\n            <\/ul>\n  <div class=\"csis-block__buttons\">\n    <a href=\"https:\/\/www.csis.org\/analysis\/chinas-digital-silk-road-after-coronavirus\" title=\"Read full article.\" class=\"csis-block__cta btn btn--solid\">Read More<\/a>\n  <\/div>\n  <figure class=\"csis-block__img\">\n\n    <a href=\"https:\/\/www.csis.org\/analysis\/chinas-digital-silk-road-after-coronavirus\" title=\"Read full article.\">\n      <img data-attachment-id=\"59\" data-permalink=\"https:\/\/mag.csis.org\/oth_banner_final\/\" data-orig-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg\" data-orig-size=\"800,458\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"On the Horizon: A CSIS Series\" data-image-description=\"\" data-medium-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL-300x172.jpg\" data-large-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg\" decoding=\"async\" loading=\"lazy\" width=\"800\" height=\"458\" src=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg\" alt=\"On the Horizon: A CSIS Series\" class=\"wp-image-59\" srcset=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL-300x172.jpg 300w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL-768x440.jpg 768w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg 800w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/>\n    <\/a>\n  <\/figure>\n<\/article><\/div>\n\n<div class=\"csis-block wp-block-lazyblock-issue-podcasts lazyblock-issue-podcasts-Z29mA87\"><div class=\"csis-block--podcasts\">\n  <h2 class=\"csis-block__heading\">Podcast<\/h2>\n  <div class=\"csis-block__block\">\n    <div class=\"csis-block__header\">\n      <img decoding=\"async\" src=\"http:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/the-reopening-podcast.jpg\" alt=\"\" class=\"csis-block__img\" width=\"72\" height=\"72\" loading=\"lazy\">\n      <div class=\"csis-block__meta csis-block__series\">The Reopening<\/div>\n      <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/chicago-community-trust-ceo-helene-gayle-on-closing-gaps\/id1514604764?i=1000483174951\" class=\"csis-block__title\">Chicago Community Trust CEO Helene Gayle on Closing Gaps<\/a>\n    <\/div>\n    <p class=\"csis-block__desc\">\n      Helene Gayle talks with Andrew Schwartz and Scott Miller about the Covid-19 pandemic and her organization\u2019s response. They also discuss the Trust\u2019s research on racial disparities in wealth, education, and health outcomes in Chicago.\n    <\/p>\n    <iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=CSIS2825862629\" width=\"100%\"><\/iframe>\n  <\/div>\n  <div class=\"csis-block__block\">\n    <div class=\"csis-block__header\">\n      <img decoding=\"async\" src=\"http:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/coronavirus_update.jpg\" alt=\"\" class=\"csis-block__img\" width=\"72\" height=\"72\" loading=\"lazy\">\n      <div class=\"csis-block__meta csis-block__series\">Coronavirus Crisis Update<\/div>\n      <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/congressman-ami-bera-on-building-crisis-workforce-congress\/id1186398300?i=1000472834069\" class=\"csis-block__title\">Congressman Ami Bera on Building a Crisis Workforce &amp; Congress Returning<\/a>\n    <\/div>\n    <p class=\"csis-block__desc\">\n      In this episode, Steve Morrison and Andrew Schwartz are joined by Congressman Ami Bera (D-CA) to talk about his work on the CSIS Commission on Strengthening America\u2019s Health Security and his impressions of Covid-19 as both a doctor and an elected representative.\n    <\/p>\n    <iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=CSIS1652202921\" width=\"100%\"><\/iframe>\n  <\/div>\n  <div class=\"csis-block__block\">\n    <div class=\"csis-block__header\">\n      <img decoding=\"async\" src=\"http:\/\/mag.csis.org\/wp-content\/uploads\/2020\/05\/trade-guys.jpg\" alt=\"\" class=\"csis-block__img\" width=\"72\" height=\"72\" loading=\"lazy\">\n      <div class=\"csis-block__meta csis-block__series\">The Trade Guys<\/div>\n      <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/covid-19-u-s-economy-and-supply-chains\/id1380336613?i=1000468977925\" class=\"csis-block__title\">Covid-19: U.S. Economy and Supply Chains<\/a>\n    <\/div>\n    <p class=\"csis-block__desc\">\n      In this episode, the Trade Guys and Andrew Schwartz talk about the impact Covid-19 is having on the U.S. economy. They also talk about supply chain resilience and reconstruction.\n    <\/p>\n    <iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=CSIS9085672223\" width=\"100%\"><\/iframe>\n  <\/div>\n  <a href=\"https:\/\/www.csis.org\/podcasts\" class=\"csis-block__section-link\">More CSIS Podcasts <svg class=\"icon icon-arrow-right\"><use xlink:href=\"#icon-arrow-right\"><\/use><\/svg><\/a>\n<\/div><\/div>\n\n<div class=\"csis-block wp-block-lazyblock-csis-content lazyblock-csis-content-2kgILT\"><article class=\"csis-block--content\">\n  <header class=\"csis-block__header\">\n    <h2 class=\"csis-block__title\">\n      <a href=\"https:\/\/www.csis.org\/analysis\/covid-19-and-value-chains-diminishing-returns-trade-policy\" title=\"Read full article.\">Covid-19 and Value Chains: Diminishing Returns from Trade Policy<\/a>\n    <\/h2>\n    <div class=\"csis-block__meta\">\n      <span class=\"csis-block__type\">Commentary<\/span>\n        <span class=\"csis-block__series\">On the Horizon<\/span>\n    <\/div>\n  <\/header>\n  <p class=\"csis-block__desc\">Covid-19 has placed a spotlight on the vulnerabilities of production networks. CSIS\u2019s Scott Miller outlines how governments and companies will approach global supply chains once the pandemic has passed.<\/p>\n    <ul class=\"post-meta post-meta__authors\">\n        <li class=\"post-meta__value\"><a href=\"https:\/\/www.csis.org\/people\/scott-miller\">Scott Miller<\/a><\/li>\n            <\/ul>\n  <div class=\"csis-block__buttons\">\n    <a href=\"https:\/\/www.csis.org\/analysis\/covid-19-and-value-chains-diminishing-returns-trade-policy\" title=\"Read full article.\" class=\"csis-block__cta btn btn--solid\">Read More<\/a>\n  <\/div>\n  <figure class=\"csis-block__img\">\n\n    <a href=\"https:\/\/www.csis.org\/analysis\/covid-19-and-value-chains-diminishing-returns-trade-policy\" title=\"Read full article.\">\n      <img data-attachment-id=\"59\" data-permalink=\"https:\/\/mag.csis.org\/oth_banner_final\/\" data-orig-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg\" data-orig-size=\"800,458\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"On the Horizon: A CSIS Series\" data-image-description=\"\" data-medium-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL-300x172.jpg\" data-large-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg\" decoding=\"async\" loading=\"lazy\" width=\"800\" height=\"458\" src=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg\" alt=\"On the Horizon: A CSIS Series\" class=\"wp-image-59\" srcset=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL-300x172.jpg 300w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL-768x440.jpg 768w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg 800w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/>\n    <\/a>\n  <\/figure>\n<\/article><\/div>\n\n<div class=\"csis-block wp-block-lazyblock-csis-content lazyblock-csis-content-ZdU7pH alignright\"><article class=\"csis-block--content\">\n  <header class=\"csis-block__header\">\n    <h2 class=\"csis-block__title\">\n      <a href=\"https:\/\/www.csis.org\/events\/online-event-new-international-economy\" title=\"Read full article.\">The New International Economy<\/a>\n    <\/h2>\n    <div class=\"csis-block__meta\">\n      <span class=\"csis-block__type\">Event<\/span>\n    <\/div>\n  <\/header>\n  <p class=\"csis-block__desc\">Former treasury secretary Lawrence H. Summers explores the disruptive forces shaping the global economy.<\/p>\n    <ul class=\"post-meta post-meta__authors\">\n\n        <li class=\"post-meta__value\"><\/li>\n    <\/ul>\n  <div class=\"csis-block__buttons\">\n    <a href=\"https:\/\/www.csis.org\/events\/online-event-new-international-economy\" title=\"Read full article.\" class=\"csis-block__cta btn btn--solid\">Watch Recording<\/a>\n  <\/div>\n  <figure class=\"csis-block__img\">\n\n    <a href=\"https:\/\/www.csis.org\/events\/online-event-new-international-economy\" title=\"Read full article.\">\n      <img data-attachment-id=\"242\" data-permalink=\"https:\/\/mag.csis.org\/economydisrupted\/\" data-orig-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted.jpg\" data-orig-size=\"600,343\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"EconomyDisrupted\" data-image-description=\"\" data-medium-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted-300x172.jpg\" data-large-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted.jpg\" decoding=\"async\" loading=\"lazy\" width=\"600\" height=\"343\" src=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted.jpg\" alt=\"\" class=\"wp-image-242\" srcset=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted-300x172.jpg 300w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted.jpg 600w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/>\n    <\/a>\n  <\/figure>\n<\/article><\/div>\n\n<div class=\"csis-block wp-block-lazyblock-issue-videos lazyblock-issue-videos-1BeBcM\"><div class=\"csis-block--videos\">\n  <h2 class=\"csis-block__heading\">Video<\/h2>\n  <div class=\"csis-block__block\">\n    <div class=\"csis-block__header\">\n      <div class=\"csis-block__meta csis-block__series\">Critical Questions from Home<\/div>\n      <a href=\"https:\/\/www.youtube.com\/watch?v=xgEXSzKH9Tw&amp;list=PLnArnDQHeUqcog2CUQg2iL6x11hAPQZti&amp;index=3\" class=\"csis-block__title\">How Has China Handled the Economic Fallout of Covid-19?<\/a>\n    <\/div>\n    <p class=\"csis-block__desc\">\n      How will economic issues playout at China&#8217;s upcoming National People&#8217;s Congress? Scott Kennedy, CSIS Trustee Chair in Chinese Business and Economics, explains China&#8217;s efforts to economically recover from the outbreak of the novel coronavirus.\n    <\/p>\n    <div class=\"videoWrapper\">\n      <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/xgEXSzKH9Tw\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n    <\/div>\n  <\/div>\n  <div class=\"csis-block__block\">\n    <div class=\"csis-block__header\">\n      <div class=\"csis-block__meta csis-block__series\">Critical Questions from Home<\/div>\n      <a href=\"https:\/\/www.youtube.com\/watch?v=n6EaTTu3Wjw&amp;list=PLnArnDQHeUqcog2CUQg2iL6x11hAPQZti&amp;index=12\" class=\"csis-block__title\">How is the G20 Responding to the Covid-19 Pandemic?<\/a>\n    <\/div>\n    <p class=\"csis-block__desc\">\n      CSIS\u2019s Matthew Goodman and Stephanie Segal examine the Covid-19 pandemic\u2019s economic impact. For a crisis that is practically begging for international cooperation, there are bright spots, including recent G20 actions to provide debt relief to low-income countries, and continued tensions to watch.\n    <\/p>\n    <div class=\"videoWrapper\">\n      <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/n6EaTTu3Wjw\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n    <\/div>\n  <\/div>\n  <a href=\"https:\/\/www.youtube.com\/user\/csisdc\" class=\"csis-block__section-link\">See More on Youtube <svg class=\"icon icon-arrow-right\"><use xlink:href=\"#icon-arrow-right\"><\/use><\/svg><\/a>\n<\/div><\/div>\n\n<div class=\"csis-block wp-block-lazyblock-csis-content lazyblock-csis-content-14Bgkn\"><article class=\"csis-block--content\">\n  <header class=\"csis-block__header\">\n    <h2 class=\"csis-block__title\">\n      <a href=\"https:\/\/www.csis.org\/events\/online-event-how-covid-19-changed-global-economy\" title=\"Read full article.\">How Covid-19 Changed the Global Economy<\/a>\n    <\/h2>\n    <div class=\"csis-block__meta\">\n      <span class=\"csis-block__type\">Event<\/span>\n    <\/div>\n  <\/header>\n  <p class=\"csis-block__desc\">The IMF\u2019s Gita Gopinath discusses the future of the global economy after the Covid-19 pandemic.<\/p>\n    <ul class=\"post-meta post-meta__authors\">\n\n        <li class=\"post-meta__value\"><\/li>\n    <\/ul>\n  <div class=\"csis-block__buttons\">\n    <a href=\"https:\/\/www.csis.org\/events\/online-event-how-covid-19-changed-global-economy\" title=\"Read full article.\" class=\"csis-block__cta btn btn--solid\">Watch Recording<\/a>\n  <\/div>\n  <figure class=\"csis-block__img\">\n\n    <a href=\"https:\/\/www.csis.org\/events\/online-event-how-covid-19-changed-global-economy\" title=\"Read full article.\">\n      <img data-attachment-id=\"242\" data-permalink=\"https:\/\/mag.csis.org\/economydisrupted\/\" data-orig-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted.jpg\" data-orig-size=\"600,343\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"EconomyDisrupted\" data-image-description=\"\" data-medium-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted-300x172.jpg\" data-large-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted.jpg\" decoding=\"async\" loading=\"lazy\" width=\"600\" height=\"343\" src=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted.jpg\" alt=\"\" class=\"wp-image-242\" srcset=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted-300x172.jpg 300w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/EconomyDisrupted.jpg 600w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/>\n    <\/a>\n  <\/figure>\n<\/article><\/div>\n\n<div class=\"csis-block wp-block-lazyblock-csis-content lazyblock-csis-content-Z23KW4p alignright\"><article class=\"csis-block--content\">\n  <header class=\"csis-block__header\">\n    <h2 class=\"csis-block__title\">\n      <a href=\"https:\/\/www.csis.org\/analysis\/pandemic-pandemonium-how-virus-could-change-trading-system\" title=\"Read full article.\">Pandemic Pandemonium: How the Virus Could Change the Trading System<\/a>\n    <\/h2>\n    <div class=\"csis-block__meta\">\n      <span class=\"csis-block__type\">Commentary<\/span>\n        <span class=\"csis-block__series\">On the Horizon<\/span>\n    <\/div>\n  <\/header>\n  <p class=\"csis-block__desc\">New trade policies are being implemented without the United States at the table, which undercuts U.S. leadership and threatens U.S. interests around the world.<\/p>\n    <ul class=\"post-meta post-meta__authors\">\n        <li class=\"post-meta__value\"><a href=\"https:\/\/www.csis.org\/people\/william-alan-reinsch\">William Reinsch<\/a><\/li>\n            <\/ul>\n  <div class=\"csis-block__buttons\">\n    <a href=\"https:\/\/www.csis.org\/analysis\/pandemic-pandemonium-how-virus-could-change-trading-system\" title=\"Read full article.\" class=\"csis-block__cta btn btn--solid\">Read More<\/a>\n  <\/div>\n  <figure class=\"csis-block__img\">\n\n    <a href=\"https:\/\/www.csis.org\/analysis\/pandemic-pandemonium-how-virus-could-change-trading-system\" title=\"Read full article.\">\n      <img data-attachment-id=\"59\" data-permalink=\"https:\/\/mag.csis.org\/oth_banner_final\/\" data-orig-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg\" data-orig-size=\"800,458\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"On the Horizon: A CSIS Series\" data-image-description=\"\" data-medium-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL-300x172.jpg\" data-large-file=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg\" decoding=\"async\" loading=\"lazy\" width=\"800\" height=\"458\" src=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg\" alt=\"On the Horizon: A CSIS Series\" class=\"wp-image-59\" srcset=\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL-300x172.jpg 300w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL-768x440.jpg 768w, https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/04\/OTH_Banner_FINAL.jpg 800w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/>\n    <\/a>\n  <\/figure>\n<\/article><\/div>\n\n<div class=\"csis-block wp-block-lazyblock-issue-stats lazyblock-issue-stats-ZbOdy0\"><div class=\"csis-block--stat\">\n  <a href=\"https:\/\/www.csis.org\/analysis\/china-wont-be-scared-choosing-marketization\" class=\"stat\">\n    <p class=\"csis-block__desc\">\n      <span class=\"stat__value\">-6.8% <\/span>\n      China\u2019s GDP in the first quarter of 2020 dropped 6.8 percent compared to the same point in 2019. \n    <\/p>\n      <div class=\"csis-block__meta csis-block__type\">Commentary<\/div>\n      <div class=\"csis-block__title\">\n        China Won\u2019t Be Scared into Choosing Marketization\n        <svg class=\"csis-block__title-icon icon icon-arrow-right\"><use xlink:href=\"#icon-arrow-right\"><\/use><\/svg>\n      <\/div>\n      <div class=\"post-meta post-meta__authors csis-block__meta\">\n        <span class=\"post-meta__label\">By<\/span> <span class=\"post-meta__value\">Scott Kennedy<\/span>\n      <\/div>\n  <\/a>\n  <a href=\"https:\/\/www.csis.org\/analysis\/tracking-international-financial-institutions-covid-19-response\" class=\"stat\">\n    <p class=\"csis-block__desc\">\n      <span class=\"stat__value\">$140.7 billion <\/span>\n      CSIS estimates IFIs have approved $140.7 billion in Covid-19-related support since January 27.\n    <\/p>\n      <div class=\"csis-block__meta csis-block__type\">Commentary<\/div>\n      <div class=\"csis-block__title\">\n        Tracking International Financial Institutions\u2019 Covid-19 Response\n        <svg class=\"csis-block__title-icon icon icon-arrow-right\"><use xlink:href=\"#icon-arrow-right\"><\/use><\/svg>\n      <\/div>\n      <div class=\"post-meta post-meta__authors csis-block__meta\">\n        <span class=\"post-meta__label\">By<\/span> <span class=\"post-meta__value\">Stephanie Segal<\/span>\n      <\/div>\n  <\/a>\n  <a href=\"https:\/\/www.csis.org\/analysis\/covid-19-reshapes-future\" class=\"stat\">\n    <p class=\"csis-block__desc\">\n      <span class=\"stat__value\">20% <\/span>\n      Global goods trade is on track to decrease by 20 percent.\n    <\/p>\n      <div class=\"csis-block__meta csis-block__type\">Report<\/div>\n      <div class=\"csis-block__title\">\n        Covid-19 Reshapes the Future\n        <svg class=\"csis-block__title-icon icon icon-arrow-right\"><use xlink:href=\"#icon-arrow-right\"><\/use><\/svg>\n      <\/div>\n      <div class=\"post-meta post-meta__authors csis-block__meta\">\n        <span class=\"post-meta__label\">By<\/span> <span class=\"post-meta__value\">Samuel Brannen, Habiba Ahmed, Henry Newton<\/span>\n      <\/div>\n  <\/a>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p class=\"post-block__excerpt\">The Covid-19 pandemic has caused an economic disruption that will be felt for years to come. Learn more about what challenges and opportunities lie ahead in this issue of CSISMag.<\/p>\n","protected":false},"featured_media":268,"template":"","meta":{"spay_email":"","_links_to":"","_links_to_target":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Covid-19 and the Global Economy | CSISMag<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Covid-19 and the Global Economy | CSISMag\" \/>\n<meta property=\"og:description\" content=\"The Covid-19 pandemic has caused an economic disruption that will be felt for years to come. Learn more about what challenges and opportunities lie ahead in this issue of CSISMag.\" \/>\n<meta property=\"og:url\" content=\"http:\/\/mag.csis.org\/issues\/covid-19-and-the-global-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"CSISMag\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CSIS.org\" \/>\n<meta property=\"article:modified_time\" content=\"2020-08-13T23:00:28+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/man-mask-outside-closed-store-covid.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1800\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@csis\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"http:\/\/mag.csis.org\/#organization\",\"name\":\"Center for Strategic and International Studies\",\"url\":\"http:\/\/mag.csis.org\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/CSIS.org\",\"https:\/\/www.instagram.com\/csis\/\",\"https:\/\/www.linkedin.com\/company\/csis\",\"https:\/\/www.youtube.com\/user\/csisdc\",\"https:\/\/twitter.com\/csis\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"http:\/\/mag.csis.org\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/03\/csis-logo.png\",\"contentUrl\":\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/03\/csis-logo.png\",\"width\":324,\"height\":45,\"caption\":\"Center for Strategic and International Studies\"},\"image\":{\"@id\":\"http:\/\/mag.csis.org\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/mag.csis.org\/#website\",\"url\":\"http:\/\/mag.csis.org\/\",\"name\":\"CSISMag\",\"description\":\"CSISMag showcases informed, independent analysis from the world\\u2019s leading think tank on the issues driving policy today.\",\"publisher\":{\"@id\":\"http:\/\/mag.csis.org\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"http:\/\/mag.csis.org\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"http:\/\/mag.csis.org\/issues\/covid-19-and-the-global-economy\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/man-mask-outside-closed-store-covid.jpg\",\"contentUrl\":\"https:\/\/mag.csis.org\/wp-content\/uploads\/2020\/08\/man-mask-outside-closed-store-covid.jpg\",\"width\":1800,\"height\":1200,\"caption\":\"The streets of Manhattan stand nearly empty due to the coronavirus epidemic on April 10, 2020 in New York City.\"},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/mag.csis.org\/issues\/covid-19-and-the-global-economy\/#webpage\",\"url\":\"http:\/\/mag.csis.org\/issues\/covid-19-and-the-global-economy\/\",\"name\":\"Covid-19 and the Global Economy | CSISMag\",\"isPartOf\":{\"@id\":\"http:\/\/mag.csis.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\/\/mag.csis.org\/issues\/covid-19-and-the-global-economy\/#primaryimage\"},\"datePublished\":\"2020-08-13T18:53:17+00:00\",\"dateModified\":\"2020-08-13T23:00:28+00:00\",\"breadcrumb\":{\"@id\":\"http:\/\/mag.csis.org\/issues\/covid-19-and-the-global-economy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/mag.csis.org\/issues\/covid-19-and-the-global-economy\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/mag.csis.org\/issues\/covid-19-and-the-global-economy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"http:\/\/mag.csis.org\/\",\"url\":\"http:\/\/mag.csis.org\/\",\"name\":\"Archive\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"http:\/\/mag.csis.org\/issues\/\",\"url\":\"http:\/\/mag.csis.org\/issues\/\",\"name\":\"Issues\"}},{\"@type\":\"ListItem\",\"position\":3,\"item\":{\"@id\":\"http:\/\/mag.csis.org\/issues\/covid-19-and-the-global-economy\/#webpage\"}}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/mag.csis.org\/wp-json\/wp\/v2\/issues\/231"}],"collection":[{"href":"https:\/\/mag.csis.org\/wp-json\/wp\/v2\/issues"}],"about":[{"href":"https:\/\/mag.csis.org\/wp-json\/wp\/v2\/types\/issues"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mag.csis.org\/wp-json\/wp\/v2\/media\/268"}],"wp:attachment":[{"href":"https:\/\/mag.csis.org\/wp-json\/wp\/v2\/media?parent=231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}