The volatility of international trade flows in the 21st century : whose fault is it anyway ? (English)

After investment, exports and imports are the most volatile components of aggregate demand within countries. Moreover, the volatility of growth and the volatility of trade flows tend to move together; they declined from the 1990s until 2009, followed by an increase since 2009. This paper explores the drivers of such movements in trade-flow volatility. The analysis decomposes trade growth into six components to study their contribution to the overall...

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Author

Bennett,Federico Roberto;

Lederman,Daniel;

Pienknagura,Samuel Jaime;

Rojas,Diego;
Document Date
2016/08/04
Report Number
WPS7781
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2016/08/04
Disclosure Status
Disclosed
Doc Name
The volatility of international trade flows in the 21st century : whose fault is it anyway ?
Keywords
process of trade liberalization

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Citation

Bennett,Federico Roberto; Lederman,Daniel; Pienknagura,Samuel Jaime; Rojas,Diego.

The volatility of international trade flows in the 21st century : whose fault is it anyway ? (English). Policy Research working paper|no. WPS 7781 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/610941470315351163

The volatility of international trade flows in the 21st century : whose fault is it anyway ? (English)

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