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The World Trade Crisis

George Georgescu

MPRA Paper from University Library of Munich, Germany

Abstract: One of the roots of the current global imbalances resides in the asymmetry of the international trade flows under the constraints of maintaining non-tariff barriers and of protectionism revival. Trade liberalization is critical for restoring the financial global equilibrium. The study is emphasizing the importance of finding compromise solutions for finalizing the negotiations under the Doha Round multilateral agreement, otherwise increasing the risk of global imbalances deepening to unsustainable levels.

Keywords: Global Imbalances; World Trade; Trade Liberalization; Doha Round (search for similar items in EconPapers)
JEL-codes: F13 F53 G01 O19 (search for similar items in EconPapers)
Date: 2005-11-15
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Published in Revista Bilant 15-16 (2005): pp. 72-73

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