Publication:
Trade Promotion Organizations in the Pandemic World

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dc.contributor.authorChoi, Yewon
dc.contributor.authorFernandes, Ana
dc.contributor.authorGrover, Arti
dc.contributor.authorIacovone, Leonardo
dc.contributor.authorOlarreaga, Marcelo
dc.date.accessioned2023-03-27T16:19:37Z
dc.date.available2023-03-27T16:19:37Z
dc.date.issued2023-03-27
dc.description.abstractA 2021-22 survey of trade promotion organizations conducted by the World Bank to understand how the COVID-19 pandemic affected their functioning suggests four main findings. First, trade promotion organizations in high-income countries are larger than those in low-income countries, suggesting a stronger capacity to adapt during the pandemic. Second, trade promotion organizations in high-income countries saw a significant jump in their median budget in 2021 indicating a strong response effort. In low-income countries, the budgets of trade promotion organizations declined. Third, most trade promotion organizations in high-income countries put in place a COVID-19 recovery plan, while none of the trade promotion organizations in low-income countries had one in place at the time of the survey. Fourth, trade promotion organizations used several virtual tools during the pandemic, such as business-to-business matching events and training of small firms on e-commerce, and are expecting to increase the use of all virtual tools post COVID-19. Trade promotion organizations’ use of virtual tools in low-income countries remained limited.en
dc.identifierhttp://documents.worldbank.org/curated/en/099724003232392542/IDU01a1528ce02d2404f7c09f4102d0e6fc3d6b2
dc.identifier.doi10.1596/1813-9450-10374
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/39595
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Papers; 10374
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectCOVID IMPACT ON TRADE PROMOTION
dc.subjectTRADE PROMOTION ORGANIZATION BUDGETS
dc.subjectCOVID-19 PANDEMIC IMPACT
dc.subjectCRISIS RECOVERY
dc.subjectGLOBAL VALUE CHAINS
dc.subjectCOVID-19 TRADE RECOVERY PLAN
dc.titleTrade Promotion Organizations in the Pandemic Worlden
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleTrade Promotion Organizations in the Pandemic World
okr.date.disclosure2023-03-23
okr.date.lastmodified2023-03-23T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099724003232392542/IDU01a1528ce02d2404f7c09f4102d0e6fc3d6b2
okr.guid099724003232392542
okr.identifier.doi10.1596/1813-9450-10374
okr.identifier.externaldocumentum34027396
okr.identifier.internaldocumentum34027396
okr.identifier.reportWPS10374
okr.import.id256
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099724003232392542/pdf/IDU01a1528ce02d2404f7c09f4102d0e6fc3d6b2.pdfen
okr.region.geographicalWorld
okr.topicMacroeconomics and Economic Growth::Economic Stabilization
okr.topicInternational Economics and Trade::Foreign Trade Promotion and Regulation
okr.topicPrivate Sector Development::Global Value Chains and Business Clustering
okr.unitEFI-FCI-TIC-Investment Climate (ETIIC)
okr.unitDECRG: Finance & Priv Sec Devt (DECFP)
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