The Effects of Financial Crises on International Trade
Working Paper 10172
DOI 10.3386/w10172
Issue Date
This paper studies empirically the effects of financial crises on international trade. The major findings are that banking crises had a negative impact on imports but a positive impact on exports in the short term, whereas currency crises decreased imports in the short term and stimulated exports in the longer term.
Published Versions
Ito, Takatoshi and Andrew K. Rose (eds.) International Trade in East Asia, NBER-East Asia Seminar on Economics, vol. 14. Chicago and London: University of Chicago Press, 2005.
The Effects of Financial Crises on International Trade, Zihui Ma, Leonard Cheng. in International Trade in East Asia, Ito and Rose. 2005