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|z 9781484328279
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|a 1018-5941
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|a Aslam, Aqib.
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|a The Slowdown in Global Trade :
|b A Symptom of A Weak Recovery /
|c Aqib Aslam, Emine Boz, Eugenio Cerutti, Marcos Poplawski Ribeiro.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2017.
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|a 1 online resource (37 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic growth. This paper aims to quantify the role of weak economic growth and changes in its decomposition in accounting for the slowdown in trade using a reduced form and a structural approach. Both analytical investigations suggest that the overall weakness in economic activity, particularly investment, has been the primary restraint on trade growth, accounting for over 80 percent of the decline in the growth of the volume of goods trade between 2012-16 and 2003-07. However, other factors are also weighing on trade in recent years, especially in emerging market and developing economies, as evidenced by the non-negligible role attributed to trade costs by the structural approach.
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|a Mode of access: Internet
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|a Boz, Emine.
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|a Cerutti, Eugenio.
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|a Poplawski Ribeiro, Marcos.
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|a IMF Working Papers; Working Paper ;
|v No. 2017/242
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2017/242/001.2017.issue-242-en.xml
|z IMF e-Library
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