Can international economic agreements combat COVID‐19?

The COVID-19 pandemic has significantly disrupted the international economic order. According to the World Trade Organization (WTO), the unprecedented health crisis may sink global trade by 32% in 2020.236 As an island state highly dependent on trade, Singapore is expected to encounter a 5.8% contra...

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Main Author: HSIEH, Pasha L.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2020
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Online Access:https://ink.library.smu.edu.sg/sol_research/3224
https://ink.library.smu.edu.sg/context/sol_research/article/5184/viewcontent/Can_international_economic_agreements_combat_COVID_19.pdf
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spelling sg-smu-ink.sol_research-51842021-04-20T02:06:29Z Can international economic agreements combat COVID‐19? HSIEH, Pasha L. The COVID-19 pandemic has significantly disrupted the international economic order. According to the World Trade Organization (WTO), the unprecedented health crisis may sink global trade by 32% in 2020.236 As an island state highly dependent on trade, Singapore is expected to encounter a 5.8% contraction in gross domestic product, marking its “worst recession since independence.”237 The number of confirmed COVID-19 cases in Singapore surpassed the 45,000 mark on July 7, 2020.238 Most cases have occurred in foreign worker dormitories, whereas the spread of the disease in the rest of the community has been limited. To gradually resume economic activities and ease border controls, the Singapore government embarked on a three-phased approach when “circuit breaker” measures that imposed lockdown ended on June 1, 2020.239 Much discussion focuses on Singapore’s domestic policy such as stimulus packages and fiscal measures that provide relief to companies and citizens. 240 Nevertheless, Singapore’s lessreported international law strategy toward the crisis yields salient global implications. Selected Asian states that have reasonably managed the coronavirus outbreak, including Korea, Taiwan and Vietnam, have been able to do so without international assistance. Notably different from the self-reliance approach, Singapore has resorted to a two-pronged legal strategy that is built upon international economic agreements at bilateral and regional levels. 2020-09-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/sol_research/3224 https://ink.library.smu.edu.sg/context/sol_research/article/5184/viewcontent/Can_international_economic_agreements_combat_COVID_19.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Yong Pung How School Of Law eng Institutional Knowledge at Singapore Management University Courts Singapore COVID-19 pandemic public health International Law Public Health
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Courts
Singapore
COVID-19
pandemic
public health
International Law
Public Health
spellingShingle Courts
Singapore
COVID-19
pandemic
public health
International Law
Public Health
HSIEH, Pasha L.
Can international economic agreements combat COVID‐19?
description The COVID-19 pandemic has significantly disrupted the international economic order. According to the World Trade Organization (WTO), the unprecedented health crisis may sink global trade by 32% in 2020.236 As an island state highly dependent on trade, Singapore is expected to encounter a 5.8% contraction in gross domestic product, marking its “worst recession since independence.”237 The number of confirmed COVID-19 cases in Singapore surpassed the 45,000 mark on July 7, 2020.238 Most cases have occurred in foreign worker dormitories, whereas the spread of the disease in the rest of the community has been limited. To gradually resume economic activities and ease border controls, the Singapore government embarked on a three-phased approach when “circuit breaker” measures that imposed lockdown ended on June 1, 2020.239 Much discussion focuses on Singapore’s domestic policy such as stimulus packages and fiscal measures that provide relief to companies and citizens. 240 Nevertheless, Singapore’s lessreported international law strategy toward the crisis yields salient global implications. Selected Asian states that have reasonably managed the coronavirus outbreak, including Korea, Taiwan and Vietnam, have been able to do so without international assistance. Notably different from the self-reliance approach, Singapore has resorted to a two-pronged legal strategy that is built upon international economic agreements at bilateral and regional levels.
format text
author HSIEH, Pasha L.
author_facet HSIEH, Pasha L.
author_sort HSIEH, Pasha L.
title Can international economic agreements combat COVID‐19?
title_short Can international economic agreements combat COVID‐19?
title_full Can international economic agreements combat COVID‐19?
title_fullStr Can international economic agreements combat COVID‐19?
title_full_unstemmed Can international economic agreements combat COVID‐19?
title_sort can international economic agreements combat covid‐19?
publisher Institutional Knowledge at Singapore Management University
publishDate 2020
url https://ink.library.smu.edu.sg/sol_research/3224
https://ink.library.smu.edu.sg/context/sol_research/article/5184/viewcontent/Can_international_economic_agreements_combat_COVID_19.pdf
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