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Post COVID-19 Growth Vaccine: Will Investment - Driven Surge in International Trade be a Game-Changer
DOI: 10.33516/maj.v56i4.28-31p
Abstract
The structural positivity in the economy is a must to deliver growth in the long run. The increase in the volume of international trade can be a game-changer to contribute immensely to the overall growth-orientation. It not only helps to develop a higher degree of trade interconnectedness amongst countries, but it also accelerates demand-driven consumption resulting in a positive contagion effect in the economy as a whole. The trend analysis for a significantly long time series reflects the structural dependency of FDI and international trade. Hence, the prospective growth ecosystem post- COVID-19 pandemic, driven by rejuvenated international trade, has to be significantly influenced by cross-country capital linkage resulting in FDI as a deciding growth-driver.
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References
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DOI: http://dx.doi.org/10.33516/maj.v56i4.28-31p