The effects of financial crises on international trade

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    Abstract

    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.
    Original languageEnglish
    Title of host publicationInternational trade in East Asia
    PublisherUniversity of Chicago Press
    Pages253-282
    Number of pages30
    ISBN (Print)226378969
    DOIs
    Publication statusPublished - 1 Jan 2005

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