Review How Does Trade Evolve in the Aftermath of Financial Crises?
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How Does Trade Evolve in the Aftermath of Financial Crises?
By:Mr. Abdul Abiad,Petia Topalova,Prachi Mishra
Published on 2011-01-01 by International Monetary Fund

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 years. In contrast, exports of the crisis country are not adversely affected, and they remain close to the predicted level in both the short and medium-term.
This Book was ranked at 40 by Google Books for keyword Currency crisis.
Book ID of How Does Trade Evolve in the Aftermath of Financial Crises?'s Books is QibDIXVdf5UC, Book which was written byMr. Abdul Abiad,Petia Topalova,Prachi Mishrahave ETAG "4FxLIK/Khx4"
Book which was published by International Monetary Fund since 2011-01-01 have ISBNs, ISBN 13 Code is 9781455214907 and ISBN 10 Code is 1455214906
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Book which have "54 Pages" is Printed at BOOK under CategoryBusiness and Economics
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