The Global Trade Slowdown

The Global Trade Slowdown
Author :
Publisher : International Monetary Fund
Total Pages : 44
Release :
ISBN-10 : 9781498399135
ISBN-13 : 1498399134
Rating : 4/5 (134 Downloads)

Book Synopsis The Global Trade Slowdown by : Cristina Constantinescu

Download or read book The Global Trade Slowdown written by Cristina Constantinescu and published by International Monetary Fund. This book was released on 2015-01-21 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.


The Global Trade Slowdown Related Books

The Global Trade Slowdown
Language: en
Pages: 44
Authors: Cristina Constantinescu
Categories: Business & Economics
Type: BOOK - Published: 2015-01-21 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error co
The Global Trade Slowdown and Its Implications for Emerging Asia
Language: en
Pages: 34
Authors: Board of Governors of the Federal Reserv
Categories:
Type: BOOK - Published: 2016-11-18 - Publisher: Createspace Independent Publishing Platform

DOWNLOAD EBOOK

The global economy is at a critical juncture today. According to the International Monetary Fund's latest World Economic Outlook, global gross domestic product
The Slowdown in Global Trade: A Symptom of A Weak Recovery
Language: en
Pages: 37
Authors: Aqib Aslam
Categories: Business & Economics
Type: BOOK - Published: 2017-11-15 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic growth. This paper aims to quantify the rol
China and Asia in Global Trade Slowdown
Language: en
Pages: 46
Authors: Gee Hee Hong
Categories: Business & Economics
Type: BOOK - Published: 2016-08-16 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Asia and China made disproportionate contributions to the slowdown of global trade growth in 2015. China’s import growth slowed starkly, driven by both extern
The Great Trade Collapse: Causes, Consequences and Prospects
Language: en
Pages: 246
Authors: Richard E. Baldwin
Categories: Commercial policy
Type: BOOK - Published: 2009 - Publisher: CEPR

DOWNLOAD EBOOK