In The News

Nasty Competition for COVID-19 Gear: Speigel

Marian Blasberg, Georg Fahrion, Alexander Sarovic and Fritz Schaap April 15, 2020
The COVID-19 pandemic pushed government officials at all levels to place big orders for medical protective gear. Then suppliers cancel orders after the US president implemented the Defense Production Act, allowing the US government to commandeer supply chains, even convincing Chinese manufacturers to cancel contracts for products already paid for by other customers. “The World Trade Organization...

COVID-19 Hits Food Industry: BBC

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. “...

The Coronavirus Won’t Stop Globalization: Lawfare

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...

COVID-19 Threatens Refugee Camps: Economist

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...

Depending on Billionaires to Save Us: Vox

Theodore Schleifer April 10, 2020
Inequality has widened as governments rely on tax cuts for the wealthy and delay investment in infrastructure, disaster preparedness, education or other social programs that benefit entire societies. Starved of revenues, many governments fail in their pandemic response. “The US government has repeatedly proven to be sluggish at best and impotent at worst at controlling the carnage of the...

Worldwide Surging Food Prices: Bloomberg

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...

Disagreement on COVID-19 Policy: Global Policy

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...