Bénassy-Quéré, Agnès; Decreux, Yvan; Fontagné, Lionel - In: La Lettre du CEPII (2009) 291
The brutal drop in global trade during the last quarter of 2008 and the first months of 2009 has been the subject of much discussion. Some have seen this fall-off, which was considerably steeper than the accompanying decline in production, as a reversal of previous trends. The international...