We analyze trade dynamics following past episodes of financial crises. Using an augmented gravity model and 179 crisis … episodes from 1970-2009, we find that there is a sharp decline in a country’s imports in the year following a crisis-19 … percent, on average-and this decline is persistent, with imports recovering to their gravity-predicted levels only after 10 …

In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly … show that the variables used in standard gravity models cannot explain a significant part of MENA's trade performance … inefficiencies in customs clearance processes, are important in explaining the MENA region's underperformance in trade. …

One of the most significant recent developments in world trade has been the entry of China into the World Trade … Organization (WTO). This paper examines the implications of China's WTO accession for India's trade, using both econometrics and …

countries, the South, driven by the process of globalization?the phenomenon of rising international trade and financial flows …

Countries that trade more with each other exhibit higher business cycle correlation. This paper examines the mechanisms … underlying this relationship using a large cross-country industry-level panel dataset of manufacturing production and trade. We … show that sector pairs that experience more bilateral trade exhibit stronger comovement. Vertical linkages in production …

, despite the civil war, a decline in the terms of trade, and natural disasters. Investment and export volumes are growing …

recent increase in its trade balance. In addition, as China moves up the value chain, both its imports and exports have …This paper uses disaggregated trade data to assess how the expansion of China's production capacity and its changing … production structure may be affecting its trade linkages with other countries. It finds that China is moving away from …