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The Falling Elasticity of Global Trade to Economic Activity : Testing the Demand Channel / World Trade Organization.

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Format:
Book
Government document
Author/Creator:
World Trade Organization.
Series:
WTO Working Papers, 25189808 ; no.2017/09.
WTO Working Papers, 25189808 ; no.2017/09
Language:
English
Subjects (All):
Economic research and trade policy analysis.
Local Subjects:
Economic research and trade policy analysis.
Physical Description:
1 online resource (41 pages).
Place of Publication:
Geneva : World Trade Organization, 2017.
System Details:
text file
Summary:
Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre-crisis, in both absolute terms (growth rates) and relative terms (relative to GDP, from 2:1 in the great 1990's to 1:1 since 2012) A debate has arisen as to whether this global trade slowdown, and related falling trade-to-income elasticity, was structural or cyclical.
Access Restriction:
Restricted for use by site license.

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