Global supply chains and trade policy responses to the 2008 crisis (English)

The collapse in trade and the contraction of output that occurred during 2008–9 was comparable to, and in many countries more severe than, the Great Depression of the 1930s. However, it did not give rise to the rampant protectionism that followed the Great Crash. The idea that the rise in the fragmentation of production across global value chains – vertical specialization – may be a deterrent against protectionism is under appreciated in the literature...

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Author

Gawande,Kishore;

Hoekman,Bernard M.;

Cui,Yue;
Document Date
2014/01/23
Document Type
Journal Article
Report Number
112419
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2017/03/01
Disclosure Status
Disclosed
Doc Name
Global supply chains and trade policy responses to the 2008 crisis
Keywords
baseline model

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Gawande,Kishore; Hoekman,Bernard M.; Cui,Yue.

Global supply chains and trade policy responses to the 2008 crisis (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/568371488366975320

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Global supply chains and trade policy responses to the 2008 crisis (English)

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