GLOBAL COOPERATION: IMPACT OF PANDEMICS AND GLOBAL CRISES ON TRADE AND ECONOMIC STABILITY

Year 2024, Volume: 15 Issue: 30, 744 - 773, 30.12.2024

Özden Sevgi Akıncı , Ercan Taşkın

https://doi.org/10.36543/kauiibfd.2024.029

Abstract

This study examines the impact of pandemics on trade and economic stability, emphasizing the need for global cooperation and the involvement of least developed and developing countries in decision-making. Investigates the impact of pandemics, trade disruptions, and geopolitical tensions shape global economic dynamics, identifies the key factors influencing trade volumes and economic stability, and the strategies for fostering global cooperation to manage these complexities and promote resilience. A case study approach was used, focusing on COVID-19. Reports from 2009 to 2022 of the IMF, WTO were analyzed. All documents were subjected to a comprehensive, holistic analysis in accordance with predefined criteria. The findings of the study reveal the adverse effects of trade protectionism on international trade and global welfare, with a particular focus on the disproportionate impact on developing and least developed countries. In conclusion, the study emphasizes the necessity for reform of the international financial architecture to ensure fair representation and effective global cooperation.

Keywords

International trade, global epidemics, global cooperation

KÜRESEL İŞBİRLİĞİNİN YENİDEN DEĞERLENDİRİLMESİ: SALGIN VE KÜRESEL KRİZLERİN TİCARET VE EKONOMİK İSTİKRAR ÜZERİNDEKİ ETKİSİ

Abstract

Çalışma, salgın hastalıkların ticaret ve ekonomik istikrar üzerindeki etkisini incelemekte, küresel iş birliğine ve az gelişmiş ve gelişmekte olan ülkelerin karar alma süreçlerine katılımına duyulan ihtiyacı vurgulamaktadır. Küresel ekonomik dinamikleri şekillendiren salgın hastalıkların, ticari aksaklıkların ve jeopolitik gerilimlerin etkisini araştırmakta, ticaret hacimlerini ve ekonomik istikrarı etkileyen temel faktörleri ve bu karmaşıklıkları yönetmek ve dayanıklılığı teşvik etmek için küresel iş birliğini teşvik etme stratejilerini tanımlamaktadır. COVID-19'a odaklanan bir durum çalışması yaklaşımı kullanılmıştır. IMF ve WTO'nun 2009-2022 yılları arasındaki raporları analiz edilmiştir. Tüm belgeler, önceden belirlenmiş kriterlere uygun olarak kapsamlı ve bütüncül bir analize tabi tutulmuştur. Çalışmanın bulguları, özellikle gelişmekte olan ve az gelişmiş ülkeler üzerindeki orantısız etkiye odaklanarak, ticari korumacılığın uluslararası ticaret ve küresel refah üzerindeki olumsuz etkilerini ortaya koymaktadır. Sonuç olarak çalışma, adil temsil ve etkin küresel iş birliğinin sağlanması için uluslararası finansal mimaride reform yapılması gerekliliğini vurgulamaktadır.

Keywords

Uluslararası ticaret, küresel salgınlar, küresel iş birliği

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