The crisis-resilience of services trade (English)

Much attention has focused on the impact of the current crisis on goods trade; hardly any on its impact on services trade. Using new trade data from the United States, and more aggregate data from other OECD countries, the authors show that services trade is weathering the current crisis much better than goods trade. As of February 2009, the value of US goods imports had declined year-on-year by 33 percent and the value of goods exports by 21 percent;...

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Author

Borchert,Ingo;

Mattoo,Aaditya;
Document Date
2009/04/01
Document Type
Policy Research Working Paper
Report Number
WPS4917
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
The crisis-resilience of services trade
Keywords
reserve bank of india

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Citation

Borchert,Ingo; Mattoo,Aaditya.

The crisis-resilience of services trade (English). Policy Research working paper ; no. WPS 4917 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/695621468338935949

The crisis-resilience of services trade (English)

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