Facilitating Trade in Pharmaceuticals: A Response to the COVID-19 Pandemic
Ben Shepherd
No DP-2021-05, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:
This paper reviews trade in pharmaceutical products, focusing on ASEAN countries. Trade in this sector is of singular policy importance as a result of the COVID-19 pandemic. First, the paper shows that pharmaceuticals are traded within Global Value Chains, which in turn means that international linkages are complex. Second, the paper shows that policy reforms can help boost trade in the sector, which has important human development implications during the pandemic period.
Keywords: COVID-19; global value chains; public health; gravity model (search for similar items in EconPapers)
JEL-codes: F15 O24 (search for similar items in EconPapers)
Date: 2021-04-23
New Economics Papers: this item is included in nep-hea, nep-int and nep-sea
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Citations: View citations in EconPapers (1)
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