The Covid-19 pandemic become an unprecedented multidimensional impact on global and regional trade. Performance from the macroeconomic aspect shows that the majority of developing countries in the world are experiencing an economic recession. The Covid-19 pandemic brought shocks especially to international trade and global finance. Lockdown that was implemented in the early days of the pandemic by several countries that affected the time and cost required in shipping goods, implementation of health protocols which resulted in increased logistics shipping costs, bans on exports and imports of certain commodities such as food and health, disruptions to supply. and demand, as well as changes in global supply chain centers from several countries, such as China, Germany, and the United States. In addition, other shocks that also occurred in the majority of developing countries were the increase in unemployment, poverty, and income inequality. The decline in some of these indicators of economic well-being raises serious concerns about food security and malnutrition. This causes a higher vulnerability which then lead the economic policies at the poor and food insecure groups.

However, currently, the condition of the world economy has begun to improve. Several countries in Europe are predicted to face the end of the emergency phase of the Covid-19 pandemic in 2022. Some countries in the world have experienced a decline in cases of Covid-19 patients, butin Southeast Asia, some are still experiencing an increase in Covid-19 cases, including Indonesia. Based on WHO (2021), world trade in goods is predicted to increase by 10.8 percent in 2021 followed by a smaller increase, which is 4.7 percent in 2022. Then global GDP is estimated to increase by 5.3 percent in 2021 and then the growth will slow down slightly in 2022 to 4.1 percent. Although it is estimated that there will be a slight slowdown in 2022, the positive growth in global trade and GDP shows the potential for post-pandemic economic improvement.

Based on the background that stated before, it is important to provide exposure to the post-pandemic conditions of Covid-19 in agricultural trade and the multidimensional policy responses. The Department of Economics, Faculty of Economics and Management, IPB University and SEAITFA (South-East Asia International Trade and Finance Association) respond to this by holding an international conference with academics and international practitioners as resource persons in the fields of international trade, agricultural economics, and development economics. This International Conference is titled “International Conference on Trade, Finance, and Economic Development: Global Trade in Post Pandemic Event”.

Updated Rundown ICOTFED 2022

• ICOTFED Essay Competition

       – Voices of Youth : Towards More Resilient and Sustainable Global Trade

       – Timeline :

          > Submission (17 October 2022)
          > Judging (18 October – 19 October 2022)
          > Announcement (20 October 2022)
          > Winner Presentation on ICOTFED (20 October 2022)

        – Prize :

          > 1^st IDR 2.250.000 + e-certificate

          > 2^nd IDR 1.500.000 + e-certificate

          > 3^rd IDR 1.000.000 + e-certificate

• Post Conference Workshop on Trade Analysis*

       – Introduction to Global Trade Analysis Project (GTAP)

       – Introduction to Gravity Model

       – Introduction to R-studio

*The schedule will be informed soon

Side event is free for all ICOTFED 2022 participants