Language:
English
Pages:
1 Online-Ressource (11 p.)
Series Statement:
OECD Policy Responses to Coronavirus (COVID-19)
Keywords:
Coronavirus
;
Dienstleistungshandel
;
Internationaler Personenverkehr
;
Welt
;
OECD-Staaten
;
Transport
;
Trade
Abstract:
COVID-19 disruptions to international mobility drove a collapse in services trade. In the medium term, the OECD estimates that closing borders to passengers could increase services trade costs by an average of 12% across sectors and countries. Restoring safe cross-border mobility through internationally co-ordinated border health protocols and mutual recognition agreements is therefore crucial to a strong economic recovery.
