Some economic historic perspectives on the 2009 world trade collapse

Research output: Working paperAcademic

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
Original languageEnglish
Place of PublicationThe Hague
PublisherInternational Institute of Social Studies (ISS)
Number of pages17
Publication statusPublished - Aug 2009
Externally publishedYes

Publication series

SeriesISS working paper series. General series
Volume476

Bibliographical note

JEL classification F01, F10, G01

Series

  • ISS Working Paper-General Series

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