This paper studies empirically the effects of financial crises on international trade. The major findings are that banking crises had a negative impact on imports but a positive impact on exports in the short term, whereas currency crises decreased imports in the short term and stimulated exports in the longer term.
|Title of host publication||International trade in East Asia|
|Publisher||University of Chicago Press|
|Number of pages||30|
|Publication status||Published - 1 Jan 2005|