Cohen Setton, Jeremie, (2015), “The global trade slowdown puzzle”, Bruegel publications, 31 Αυγούστ0υ
What’s at stake: This week’s data renewed concerns about developments in global trade as it showed for the last 6 months the biggest contraction in global trade since the end of the financial crisis. While cyclical factors may be at play, trade specialists have also advanced a host of structural explanations to explain the decline in the trade elasticity, ranging from a shift in the composition of trade to limits in the fragmentation of world production.
Σχετικές Αναρτήσεις
- Constantinescu, C., Mattoo, A. & Ruta, M. (2015) “Explaining the global trade slowdown“, VoxEU Organisation, 18 Ιανουαρίου.
- Boz, Ε., Bussière, Μ. & Marsilli, C. (2014) “Recent slowdown in global trade: Cyclical or structural“, VoxEU Organisation, 12 Νοεμβρίου.