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Home / Shipping News / International Shipping News / Cutting restrictive trade policies could boost global economic recovery from COVID-19 by 3.4%, finds International Chamber of Shipping
Cutting restrictive trade policies could boost global economic recovery from COVID-19 by 3.4%, finds International Chamber of Shipping
Countries around the world could boost their prospects of economic recovery from Covid-19 by reducing restrictive maritime trade policies, the International Chamber of Shipping (ICS) has found. An ICS report, entitled ‘Protectionism in Maritime Economies’ and co-authored with Professor Craig Van Grasstek of the Harvard Kennedy School of Government, found that reducing trade protectionism could see GDP gains for national economies increase by up to 3.4%.
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Home › Shipping News › Cutting Restrictive Trade Policies Could Boost Global Economic Recovery From COVID-19 By 3.4%: ICS
Cutting Restrictive Trade Policies Could Boost Global Economic Recovery From COVID-19 By 3.4%: ICS
February 24, 2021
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Countries around the world could boost their prospects of economic recovery from COVID-19 by reducing restrictive maritime trade policies, the International Chamber of Shipping (ICS) has found.
An ICS report, entitled ‘Protectionism in Maritime Economies’ and co-authored with Professor Craig Van Grasstek of the Harvard Kennedy School of Government, found that reducing trade protectionism could see GDP gains for national economies increase by up to 3.4%.