Some Vulnerabilities of the World Trading Landscape During Economic Turmoils

Rozalia Kicsi () and Burciu Aurel ()
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Burciu Aurel: "?tefan cel Mare" University of Suceava Faculty of Economics and Public Administration

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 1, 29-33

Abstract: In today's global and interdependent world, international trade remains a factor that can sustain economic growth of a country. Statistical data on synthetic indicators of international trade flows from 2007 up to the present (as the case may be, some comparisons are necessary for the entire postwar period) shows that in the context of moderate recessions, and especially in the context of severe economic crisis, certain paradoxes and/or "atypical" situations occur between countries of the world. In fact, our study aims to identify a few of such realities and attempts, as the case may be, to formulate empirical explanations with regard to the today's global trading landscape.

Keywords: trade openness; recession; crisis; trade balance (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:29-33

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