The onset of the global economic crisis has led to a slump in global demand. However, the extent to which major trading powers have reduced their imports has differed by trading partner. Like financial contagion, could it be the case that countries that are better integrated in the global...

This Forum is dedicated to a discussion of the effects of the global financial and economic crisis on both international trade and trade policy. What changes could be observed in the volume and structure of trade and what transmission channels were involved? Has the international competitiveness...