3rd Postcolonial Meeting: Covid19 & Trade - Talk by Prof. Ken Okamura


What is it about GlobalMatch's Postcolonial meetings? Scroll down below the protocol


After last weeks separate discussions in the Global North and Global South Meeting Rooms we came together in a joint discussion to share our results and, more especially, to have Mr. Ken Okamura reacting to our questions. Mr. Ken Okamura is professor for economics and finance at Oxford University and advisor for trade related affairs for many governments. More information on Mr. Ken Okamura here. We are very grateful for his attendance and insights.


Q&A with Mr. Ken Okamura



Protocol

3rd Combined Online Meeting, Global South & Global North, on 20th of May

"How does Covid19 affect the production and consumption relationships between Global North and Global South?”


Guest Speaker: Mr. Ken Okamura

Participants: Svenja, Himadri, Saikat, Opolot, Charles, Caesar, Bright, Chaoran, Sebastian, John, Kathrin, Enock, Edward Moderator: Saikat Protocol Writer: Himadri


The video above shows the discussion with Mr. Ken Okamura in detail. We touched on questions such as what are the current implications of Covid19 on trade between Global North and Global South; Which industries will suffer most under the crisis and who profits?; What are future predictions for global trade? What can consumers do to strengthen a global economy that is more balanced in terms of access to capital? The talk focussed on different developments regarding the crisis of food and equipment in different regions which reflect not on the availability of those items in that region, but rather on the different entitlements to the distribution of items. Although localization of production is being widely projected as a solution, Mr. Okamura pointed out that the localization of all kinds of production and businesses in one country is exceedingly difficult given the availability of resources and other conditions. There are historical and political reasons for how the current global productions and consumtion patterns are structured the way they are today. (Not to say that they cannot be improved) The flow of goods, capital and people across the globe will stay also after teh crisis, thinks Mr. Okamura. At the same time improving rule of law, flow of information and capital to Global South will help in reducing the gap between Global North and Global South. While Global trade will remain in pl