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World trade volume is in retreat for the first time in more than two decades and the contraction is on a scale not seen since the global recession following the second oil shock of 1979-1980. The United States (US) is at the epicenter of the crisis and is a major source of external demand for...
Persistent link: https://www.econbiz.de/10003913740
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"William E. James and Shiela Camingue examine the composition and prospects for growth of net exports of the United States (US) to the world and to developing Asia. They find that much of the apparent shift in export product shares was a result of the worldwide collapse in demand for...
Persistent link: https://www.econbiz.de/10010507320
The global economic crisis sent world trade volume and world production into retreat and threatened a second Great Depression. There has emerged a consensus that global imbalancesfundamentally reflected in the over-reliance upon the United States (US) consumer marketthat built up over the first...
Persistent link: https://www.econbiz.de/10008991299
The decline in world trade volume in 2009 was the worst since the Great Depression. The United States (US) spread the global recession as a major source of external demand. US import and export data are examined to understand the repercussions, particularly for developing economies divided into...
Persistent link: https://www.econbiz.de/10013124553
The global economic crisis sent world trade volume and world production into retreat and threatened a second Great Depression. There has emerged a consensus that global imbalances – fundamentally reflected in the over-reliance upon the United States (US) consumer market – that built up over...
Persistent link: https://www.econbiz.de/10013126834
World trade volume is in retreat for the first time in more than two decades and the contraction is on a scale not seen since the global recession following the second oil shock of 1979–1980. The United States (US) is at the epicenter of the crisis and is a major source of external demand for...
Persistent link: https://www.econbiz.de/10013142884