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World Crisis Impact On International Trade

Author

Listed:
  • Florina POPA

    (Institutul de Economie Naţională, ACADEMIA ROMÂNĂ, Bucureşti, România)

Abstract

Characteristic of world recession was its global, synchronized feature, expression of the interconnection occurring between the financial markets and goods markets. The negative effects of the financial crisis, with impact on the real economy, have led to sudden decrease of economic growth, at global level, still from the year 2008, having a strong echo on the international trade, both in the goods area and in that of services. The study expounds aspects of world trade contraction, in the context of global crisis, the main phenomena that had drawn it, influencing the international trade development. The are presented some analyzes, in dynamics, on the basis of statistical data about the evolution of trade in goods and services, at the EU level, and, distinct, for Romania, accompanied by comments and conclusions.

Suggested Citation

  • Florina POPA, 2013. "World Crisis Impact On International Trade," Management Intercultural, Romanian Foundation for Business Intelligence, Editorial Department, issue 29, pages 280-288, October.
  • Handle: RePEc:cmj:interc:y:2013:i:29:popa
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    More about this item

    Keywords

    World recession; Markets; International trade;
    All these keywords.

    JEL classification:

    • P45 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - International Linkages

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