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Some economic historic perspectives on the 2009 world trade collapse

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Author Info
Peter A.G.
Abstract

The paper puts the collapse of the world trade volume in 2009 into two historic perspectives. First, the paper analyses 18 major post-1980 / pre-2007 financial crises and uses these observations as a basis to critically evaluate presently available projections for world trade. Second, the paper takes into account the developments in the world's trade volume and openness since 1880. Next to the direct impact of the present financial crisis on trade, potential second order effects on economic growth and international political relations are identified.

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Publisher Info
Paper provided by Institute of Social Studies in its series Working Papers - General Series with number 476.

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Length: 17 p.
Date of creation: 2009
Date of revision:
Handle: RePEc:iss:wpaper:476

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Related research
Keywords: world trade; depression; financial crisis; import crunch; trade and conflict;

Find related papers by JEL classification:
F01 - International Economics - - General - - - Global Outlook
F10 - International Economics - - Trade - - - General
G01 - Financial Economics - - General - - - Financial Crises

References listed on IDEAS
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  1. Michele Fratianni & Heejoon Kang, 2006. "International Terrorism, International Trade, and Borders," Working Papers 2006-13, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy. [Downloadable!]
  2. Nitsch, Volker & Schumacher, Dieter, 2004. "Terrorism and international trade: an empirical investigation," European Journal of Political Economy, Elsevier, vol. 20(2), pages 423-433, June. [Downloadable!] (restricted)
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This page was last updated on 2009-12-4.

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