Trade and Integration Monitor 2020: The COVID-19 Shock: Building Trade Resilience for After the Pandemic

The Trade and Integration Monitor 2020 analyzes how trade has contracted during the COVID-19 pandemic and focuses on the reforms needed to enable the region to take part in the trade and investment flows that will emerge after the crisis. Countries in the region should make decisive moves toward an ambitious agenda of international integration policies if they are to capture new investments and take advantage of nearshoring opportunities. The pandemic has exposed challenges that point clearly to a need to make headway on the institutional strengthening of export promotion and investment attraction agencies, trade facilitation and the modernization of customs, the diversification of the services sector, and trade digitalization.