Journal Article
Understanding the great trade collapse of 2008–09 and the subsequent trade recovery
Luo, Xi; Crowley, Meredith A. (2011-04)
This article documents the Great Trade Collapse of 2008?09, as well as the dramatic recovery in trade of 2009?10. The authors consider how three distinct policy actions ? fiscal stimulus, funding for trade finance and a commitment to refrain from increasing trade barriers ? might have affected both the collapse and recovery.
Economic Perspectives , Volume 35 , Issue Q II