OECD Journal: Economic Studies, Volume 2015 Issue 1

Does the post-crisis weakness of global trade solely reflect weak demand?

DOI:https://dx.doi.org/10.1787/eco_studies-2015-5jrq9tzbwkr3

Global trade growth over the past few years has appeared extraordinarily weak, even in relation to weak global GDP growth. This paper shows that the apparent breakdown in the relationship between global trade and global GDP growth is largely explained by two factors: an inappropriate ...



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