This research paper provides a causality assessment on the linkage between declines in world trade finance and the world trade collapse in the period following the Financial Crisis of 2008 and 2009 as well as the ensuing global trade slowdown. The paper performs Granger Causality tests on two...

The collapse of world trade in 2020 due to lockdowns in response of the COVID-19 pandemic has fuelled a rethinking of globalization with policies being reoriented towards strategic autonomy and local production by means of nearshoring and insourcing. Comparing the impact of the COVID-19 trade...

We collected 95 primary studies that deploy the gravity model and use a dummy for islands as a controlling variable. Our analysis rejects the presence of (publication) bias in the empirical literature. The primary studies reveal a statistically positive and economically meaningful meta effect....