12 International economic perspectives
Learning objectives
After reading this chapter, you will be able to:
- LO1 Explain how a pandemic impacts the global economy.
- LO2 Analyze factors that impact economic activity, including the nature of the shock, amplification channels, early indicators, and commodity prices.
- LO3 Apply a pandemic economy tracker to assess the economic effects of a pandemic.
- LO4 Use a model of a trading economy to demonstrate the international effects of economic contraction.
- LO5 Explain that a pandemic makes it difficult to achieve the goals of sustainable development, including food security, poverty eradication, and peace.
- LO6 Discuss the potential for lasting effects of a pandemic on the process of globalization ...