Globalisation is associated with long periods of sustained economic growth and credit expansion, whereas major … recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply … driven by policy: rather, in a model of costly search, firms who are engaged in a searching process are very sensitive to …

Globalisation is associated with long periods of sustained economic growth and credit expansion, whereas major … recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply … driven by policy: rather, in a model of costly search, firms who are engaged in a searching process are very sensitive to …

Globalisation is associated with long periods of sustained economic growth and credit expansion, whereas major … recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply … driven by policy: rather, in a model of costly search, firms who are engaged in a searching process are very sensitive to …

Globalisation is associated with long periods of sustained economic growth and credit expansion, whereas major … recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply … driven by policy: rather, in a model of costly search, firms who are engaged in a searching process are very sensitive to …