Some Economic Historic Perspectives on the 2009 World Trade Collapse

Economisch Statistische Berichten, Vol. 94, No. 4559, pp. 269-70, May 1, 2009

ISS Working Paper No. 476

17 Pages Posted: 5 Aug 2009

See all articles by Peter A. G. van Bergeijk

Peter A. G. van Bergeijk

Erasmus University - Institute of Social Studies (ISS)

Date Written: June 24, 2009

Abstract

The paper puts the collapse of the world trade volume in 2009 into two historic perspectives. First, the paper analyses 18 major post-1980/pre-2007 financial crises and uses these observations as a basis to critically evaluate presently available projections for world trade. Second, the paper takes into account the developments in the world's trade volume and openness since 1880. Next to the direct impact of the present financial crisis on trade, potential second order effects on economic growth and international political relations are identified.

Keywords: World trade, depression, financial crisis, trade credit, import crunch

JEL Classification: F01, F10, G01

Suggested Citation

van Bergeijk, Peter A.G., Some Economic Historic Perspectives on the 2009 World Trade Collapse (June 24, 2009). Economisch Statistische Berichten, Vol. 94, No. 4559, pp. 269-70, May 1, 2009 . Available at SSRN: https://ssrn.com/abstract=1424908

Peter A.G. Van Bergeijk (Contact Author)

Erasmus University - Institute of Social Studies (ISS) ( email )

PO Box 29776
2502 LT The Hague, 2518 AX
Netherlands

HOME PAGE: http://www.economie.blogspot.com

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
111
Abstract Views
466
rank
255,928
PlumX Metrics