Trends in the Development of World Trade before and after the Global Financial and Economic Crisis

Authors

  • Eugeniusz Gostomski University of Gdańsk
  • Tomasz Michałowski University of Gdańsk

DOI:

https://doi.org/10.18559/SOEP.2017.8.6

Keywords:

Trade, International trade, Foreign trade, Export, Export-import concessions, Import, Economic crisis, Crisis situations, Global financial policy

Abstract


The subject of discussion in this paper are the changes which have taken place in world trade since 1950. The authors analyse changes in the value, volume, as well as commodity and geographical structure of trade. Particular attention is devoted to the period of the global financial and economic crisis, when the largest contraction in global trade since the end of World War II was observed. In the end, the most important focus in on prospects for the further development of global trade. The paper has been based on the available literature on the subject, reports of international organizations and statistics.

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Published

2017-08-31

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Articles

How to Cite

Gostomski, E., & Michałowski, T. (2017). Trends in the Development of World Trade before and after the Global Financial and Economic Crisis. Studia Oeconomica Posnaniensia, 5(8), 86-99. https://doi.org/10.18559/SOEP.2017.8.6