The Effects of Financial Crises on International Trade
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.
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Copy CitationZihui Ma and Leonard Cheng, "The Effects of Financial Crises on International Trade," NBER Working Paper 10172 (2003), https://doi.org/10.3386/w10172.
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
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