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Research Article

International Trade in Medical Goods: Lessons from the COVID-19 Pandemic

Oleh Mykhailenko; Roman Pavlov

International Journal of Psychology and Strategic Communication, Vol. 1, No. 2, pp. 266–276, 2025

https://doi.org/10.61030/YCOJ2940

review
double-blind
access
open
license
CC-BY-4.0
year
2025
doi
registered

Article PDF

Abstract

This article provides a detailed analysis of global trade in medical goods, focusing on the challenges and lessons learned from the COVID-19 pandemic. Emphasis is placed on the role of the World Trade Organization (WTO) in regulating trade in medical goods. The study examines the dynamics of trade before and during the pandemic, highlighting changes in supply and demand structures. It analyzes political and economic measures taken by governments to ensure access to medical supplies during the pandemic and assesses their effectiveness and impact on global supply chains. The authors find that unequal access to vaccines was linked to geopolitical interests and economic imbalances between countries. The article concludes that the system for regulating international trade in medical goods needs reform to ensure fairer and more efficient access to vital medical goods in the future.

Keywords: International trade, medical goods, pandemic, COVID-19, exports, imports

Double-blind peer reviewOpen AccessCC BY 4.0Published 2025DOI registered

International Trade in Medical GoodsArticle Title

International Trade in Medical Goods: Lessons from the COVID-19 Pandemic

Authors

Oleh Mykhailenko
Student, Oles Honchar Dnipro National University, Dnipro, Ukraine

Roman Pavlov
Associate Professor, Department of Economics, Entrepreneurship and Enterprise Management, Oles Honchar Dnipro National University, Dnipro, Ukraine

Journal Details

Journal: International Journal of Psychology and Strategic Communication
ISSN (Online): 2941-5691
ISSN (Print): 2941-5705
DOI: https://doi.org/10.61030/YCOJ2940

Abstract

This article provides a detailed analysis of global trade in medical goods, focusing on the challenges and lessons learned from the COVID-19 pandemic. Emphasis is placed on the role of the World Trade Organization (WTO) in regulating trade in medical goods. The study examines the dynamics of trade before and during the pandemic, highlighting changes in supply and demand structures. It analyzes political and economic measures taken by governments to ensure access to medical supplies during the pandemic and assesses their effectiveness and impact on global supply chains. The authors find that unequal access to vaccines was linked to geopolitical interests and economic imbalances between countries. The article concludes that the system for regulating international trade in medical goods needs reform to ensure fairer and more efficient access to vital medical goods in the future.

Keywords

International trade, medical goods, pandemic, COVID-19, exports, imports

How to Cite This Article

Mykhailenko, O., & Pavlov, R. (2025). International Trade in Medical Goods: Lessons from the COVID-19 Pandemic. International Journal of Psychology and Strategic Communication, 266. https://doi.org/10.61030/YCOJ2940

Full Article (PDF)

https://ijpsc.org/journal/data/12_Michailenko_DNU.pdf

Metadata and Info

DOI: https://doi.org/10.61030/YCOJ2940
Published: 2025
License: CC BY 4.0 (if applicable)
https://creativecommons.org/licenses/by/4.0/

IJPSC Citation Tools

Cite this article

10.61030/YCOJ2940

Oleh Mykhailenko, Student, Oles Honchar Dnipro National University, Dnipro, Ukraine, & Roman Pavlov (2025). International Trade in Medical Goods: Lessons from the COVID-19 Pandemic. International Journal of Psychology and Strategic Communication. https://doi.org/10.61030/YCOJ2940