November 4, 2020

Trade at the cross-roads

Pictured: a container import/export yard; Photo by Chuttersnap from Unsplash

The Australian Government and other governments around the world are now certainly looking at the economic impact of Covid-19.

The externalities from restrictive health measures to date are proving far costlier than initially perceived by authorities.

What they do now, moving forward, will be crucial to the livelihoods of many, who are already struggling to put food on the table and worrying about their future.

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Many businesses, including small and medium sized exporters, have already shut down permanently and others are close to doing the same.

As the Australian Government considers an economic recovery package, it must seriously take account of trade as a priority area.

Dianne Tipping and Tamara Oyarce, both of the Export Council of Australia, argue that two factors will determine the strength of our recovery: one, how quickly the pandemic is brought under control; and, two, the policy choices governments make.

Read on to find out more!

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