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G20 India 2023
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TF-1: Macroeconomics, Trade, and Livelihoods: Policy Coherence and International Coordination

Building Resilience to External Shocks in G20 Economies

Pami Dua (Delhi School of Economics), Divya Tuteja (Economics Division)
This Policy Brief was first published in https://t20ind.org

Abstract

The transmission of external shocks via trade and financial channels from advanced economies to emerging and developing economies has occurred during several turbulent episodes. This policy brief documents factors that may help build resilience to such shocks. It emphasises that G20 nations must resort to policy coordination, renew the emphasis on trade ties, strengthen the financial architecture, and enhance global supply chains to cope with the impact of external shocks.

G20 India 2023
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Authors

Pami Dua (Delhi School of Economics), Divya Tuteja (Economics Division)

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