WORLD CRISIS IMPACT ON INTERNATIONAL TRADE

Florina Popa

Management Intercultural, 2013, issue 29, 280-288

Abstract: Characteristic of world recession was its global, synchronized feature, expression of the interconnection occurring between the financial markets and goods markets. The negative effects of the financial crisis, with impact on the real economy, have led to sudden decrease of economic growth, at global level, still from the year 2008, having a strong echo on the international trade, both in the goods area and in that of services. The study expounds aspects of world trade contraction, in the context of global crisis, the main phenomena that had drawn it, influencing the international trade development. The are presented some analyzes, in dynamics, on the basis of statistical data about the evolution of trade in goods and services, at the EU level, and, distinct, for Romania, accompanied by comments and conclusions.

Keywords: World recession; Markets; International trade (search for similar items in EconPapers)
JEL-codes: P45 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:interc:y:2013:i:29:popa

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