In The News

April 14, 2020
Economic shutdowns worldwide aim to contain the COVID-19 pandemic, yet disrupt food industry supply chains. The challenges include both shortages and waste as market demand shifts from large institutions, resorts, hotels and restaurants to households. Many businesses cannot quickly redirect or repackage supplies for household use, and producers discard perishable goods with a short shelf life. “...
Mark Leonard April 13, 2020
Analysts are less certain that nations bound by trade might find it impossible to head to war. The US-China trade war and Britain’s embrace of Brexit signaled that decoupling was already underway. Then, the COVID-19 pandemic applied sudden brakes and exposed weaknesses. “Britain will be exiting into a totally different world, one defined by competing blocs and protectionism rather than...
Raphael S. Cohen April 13, 2020
As countries close borders to contain COVID-19 and consider new trading patterns for essential goods, analysts contemplate the end of globalization. Raphael S. Cohen, senior political scientist with Rand, refutes three sets of arguments. First, globalization has long endured destructive populism, deep divisions and pandemics. Second, viruses are part of the natural world, and the most competitive...
April 11, 2020
Refugee camps around the world are under urgent threats of COVID-19 due to high density and lack of necessary medical supplies. According to the United Nations High Commissioner for Refugees, there are more than 70 million forcibly displaced people worldwide, most of whom dwell in low- and middle-income countries. Poor conditions will allow the virus to spread. Social distancing is almost...
Agnieszka de Sousa, Ruth Olurounbi and Pratik Parija April 10, 2020
The prices of wheat and rice have been surging in the spot and future markets. Countries that rely on imports must bear additional financial burden besides confronting COVID-19. The reasons for the price increases remain unclear, with analysis of the future markets’ influence, local supplies and panic buying underway. Anxiety over governments’ ability to control food prices and guarantee supply...
Benjamin Cashore and Steven Bernstein April 9, 2020
The world has more than 1.4 million confirmed cases of COVID-19 with more than 80,000 dead, and numerous countries tackle the public health crisis with mixed results. World leaders are in a hurry to reopen economies, and even public health experts have differed on how to contain the disease’s spread, with approaches ranging from the early prevention to delays and denials. Professors Benjamin...
April 9, 2020
More than 200 political leaders, economists, academics and directors of NGOS have issued a call to action from G20 governments, urging immediate global coordination and emergency measures for addressing the COVID-19 pandemic and economic crisis. Both crises “require world leaders to commit to funding far beyond the current capacity of our existing international institutions,” explains the letter...