TY - JOUR
T1 - Expected Extent and Potential Duration of the World Import Crunch
AU - van Bergeijk, Peter A. G.
PY - 2009/11
Y1 - 2009/11
N2 - P>Against the background of a collapse of world trade and predictions in March 2009 by IMF, WTO and World Bank of a relatively quick rebound, this paper analyses how major post 1980 financial crises have impacted on import volumes of individual countries. The article finds that on average imports contracted by 25% during a period of 5 quarters, but argues that this provides a minimum estimate only for the depth and duration of the present world trade collapse.
AB - P>Against the background of a collapse of world trade and predictions in March 2009 by IMF, WTO and World Bank of a relatively quick rebound, this paper analyses how major post 1980 financial crises have impacted on import volumes of individual countries. The article finds that on average imports contracted by 25% during a period of 5 quarters, but argues that this provides a minimum estimate only for the depth and duration of the present world trade collapse.
UR - https://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=eur_pure&SrcAuth=WosAPI&KeyUT=WOS:000271033000003&DestLinkType=FullRecord&DestApp=WOS
U2 - 10.1111/j.1467-6435.2009.00446.x
DO - 10.1111/j.1467-6435.2009.00446.x
M3 - Article
SN - 0023-5962
VL - 62
SP - 479
EP - 487
JO - Kyklos
JF - Kyklos
IS - 4
ER -