[ ]trade and financial integration/globalization tend to have a positive correlation, as documented in some past studies [ ]the size of outstanding crossborder assets and liabilities is huge, as a result of financial transactions made in past decades [ ]some reversals in capital flows seen during COVID-19 will not affect the size of cross-border assets and liabilities in a major way [ ]financial globalization may help to slow down the de-globalization of trade after COVID-19 [ ]on dispute resolution, Hoekman does not need to remind us of the current sad state of the Dispute Settlement Understanding, and his main suggestion here is that reforms not be limited to only fixing the Appellate Body, but rather should include improving the panel process, though he does not say how to do that

中文翻译：

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COVID-19 之后的全球经济

[ ]贸易和金融一体化/全球化往往呈正相关，正如过去的一些研究所证明的那样 [ ]由于过去几十年进行的金融交易[ ]资本的一些逆转，未偿跨境资产和负债的规模巨大COVID-19 期间出现的资金流不会在很大程度上影响跨境资产和负债的规模需要提醒我们目前争端解决谅解的悲惨状态，他在这里的主要建议是，改革不应仅限于固定上诉机构，而应包括改进小组程序，尽管他没有说明如何做那