Publication:
Global Trade Watch: Trade Developments in 2015

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dc.contributor.authorConstantinescu, Cristina
dc.contributor.authorRuta, Michele
dc.contributor.authorMattoo, Aaditya
dc.date.accessioned2016-03-09T15:03:01Z
dc.date.available2016-03-09T15:03:01Z
dc.date.issued2016-03-09
dc.description.abstractAfter sharply declining in the first half of 2015, world trade began to grow, albeit at a slow pace. Preliminary data indicate that merchandise import growth was 1.7 percent in 2015, down from 3 percent in 2014. Recent trade developments should be seen in the context of a deceleration in trade growth since the early 2000s, and particularly since the global financial crisis. These developments reflected a combination of old and new cyclical factors as well as enduring structural determinants, such as the maturation of global value chains and the slower pace of trade liberalization. In particular, trade developments in Latin America and Eastern Europe and Central Asia mostly reflected lower imports of recession hit commodity exporters such as Brazil and Russia. Latin America contributed 6 percent to the downward pull in global imports in 2015. Except for Japan, imports and exports of advanced economies did not show signs of a significant downturn, but were sluggish. Lower commodity prices have reduced real incomes in commodity producers and led to a contraction in their imports from all regions, including China. At the same time, the gradual shift from investment to consumption in China, and the more significant contraction in its industrial production seen in early 2015, have reduced its imports from other regions, including commodity producers.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/03/26040867/global-trade-watch-trade-developments-2015
dc.identifier.doi10.1596/23889
dc.identifier.urihttps://hdl.handle.net/10986/23889
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectGROWTH RATES
dc.subjectTRADE VOLUMES
dc.subjectMERCHANDISE
dc.subjectPARTICULAR COUNTRY
dc.subjectPRODUCTION
dc.subjectTRADE EFFECTS
dc.subjectTRADE VALUES
dc.subjectEXPECTATIONS
dc.subjectEMERGING ECONOMIES
dc.subjectEXCHANGE
dc.subjectREAL GDP
dc.subjectBALANCE OF PAYMENTS
dc.subjectCONSUMER GOODS
dc.subjectPROTECTIONIST
dc.subjectEXPORTS
dc.subjectSERVICES MARKETS
dc.subjectELASTICITY
dc.subjectTRADE FLOWS
dc.subjectEXPORTERS
dc.subjectDEVELOPING ECONOMIES
dc.subjectECONOMIC POLICY
dc.subjectTRADE REFORMS
dc.subjectPRICE
dc.subjectINPUTS
dc.subjectPAYMENTS
dc.subjectPRICE UNCERTAINTY
dc.subjectINDUSTRIAL PRODUCTION
dc.subjectMERCHANDISE TRADE
dc.subjectTRENDS
dc.subjectECONOMIC OUTLOOK
dc.subjectFINAL GOODS
dc.subjectADVANCED COUNTRIES
dc.subjectGROSS EXPORTS
dc.subjectIMPORT DATA
dc.subjectINFLUENCE
dc.subjectEXPORT GROWTH
dc.subjectADVANCED ECONOMIES
dc.subjectMERCHANDISE IMPORT
dc.subjectREGIONAL TRADE
dc.subjectSPECIALIZATION
dc.subjectPRODUCTS
dc.subjectCOMMODITY EXPORTERS
dc.subjectEMERGING MARKET
dc.subjectEXPORT VOLUME
dc.subjectCAPITAL OUTFLOWS
dc.subjectPRICE DECLINES
dc.subjectMARKETS
dc.subjectWTO
dc.subjectIMPORT VOLUME
dc.subjectIMPORTS
dc.subjectPRODUCT
dc.subjectINVENTORIES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectINVENTORY
dc.subjectCOMMODITY PRICE
dc.subjectLIBERALIZATION
dc.subjectEXPORT VALUE
dc.subjectEXPENDITURE
dc.subjectEMERGING MARKETS
dc.subjectPROTECTIONIST MEASURES
dc.subjectTRADE VOLUME
dc.subjectCOMMODITY EXPORTS
dc.subjectCONSUMPTION
dc.subjectVALUE ADDED
dc.subjectTRAVEL
dc.subjectWAGES
dc.subjectINTERNATIONAL TRADE
dc.subjectFINANCIAL CRISIS
dc.subjectEXPORT COMPETITIVENESS
dc.subjectMERCHANDISE EXPORTS
dc.subjectFUTURE
dc.subjectVALUE
dc.subjectCOMPETITIVENESS
dc.subjectIMPORT VALUES
dc.subjectDEMAND
dc.subjectAGGREGATE DEMAND
dc.subjectINTERMEDIATE GOODS
dc.subjectINCOMES
dc.subjectTOURISM
dc.subjectSHARE OF CAPITAL
dc.subjectMEASUREMENT
dc.subjectFOREIGN VALUE
dc.subjectMARKET
dc.subjectTRADE LIBERALIZATION
dc.subjectSUPPLY CHAIN
dc.subjectTERMS OF TRADE
dc.subjectOUTPUT
dc.subjectCAPITAL GOODS
dc.subjectEXPOSURE
dc.subjectTRADE VALUE
dc.subjectREGIONAL INTEGRATION
dc.subjectTRADE
dc.subjectGDP
dc.subjectEXPORT PRICE
dc.subjectGOODS
dc.subjectSUPPLY CHAINS
dc.subjectGLOBAL IMPORTS
dc.subjectGLOBAL TRADE
dc.subjectGROWTH RATE
dc.subjectVERTICAL SPECIALIZATION
dc.subjectINVESTMENT
dc.subjectMERCHANDISE IMPORTS
dc.subjectSHARE
dc.subjectGLOBAL OUTPUT
dc.subjectADVERSE IMPACT
dc.subjectSUPPLY
dc.subjectADVERSE EFFECT
dc.subjectEXPORT VOLUMES
dc.subjectEXPORT BASKET
dc.subjectWORLD TRADE
dc.subjectCOMMODITIES
dc.subjectEXCHANGE RATE
dc.subjectCOUNTRY OF ORIGIN
dc.subjectINDUSTRIAL SECTOR
dc.subjectCOMMODITY PRICES
dc.subjectCOMMODITY
dc.subjectIMPORT VALUE
dc.subjectGLOBAL ECONOMIC PROSPECTS
dc.subjectPRICES
dc.subjectVALUE OF EXPORTS
dc.subjectMERCHANDISE EXPORT
dc.titleGlobal Trade Watchen
dc.title.subtitleTrade Developments in 2015en
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleGlobal Trade Watch: Trade Developments in 2015
okr.date.disclosure2016-03-09
okr.date.doiregistration2025-04-07T08:19:44.249707Z
okr.date.doiregistration2025-04-08T16:09:02.654958Z
okr.date.doiregistration2025-04-09T02:55:47.271862Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/03/26040867/global-trade-watch-trade-developments-2015
okr.guid913061468196142457
okr.identifier.doi10.1596/23889
okr.identifier.externaldocumentum090224b0842b5085_2_0
okr.identifier.internaldocumentum26040867
okr.identifier.report103903
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/03/08/090224b0841e60d0/1_0/Rendered/PDF/Global0trade0w0developments0in02015.pdfen
okr.topicInternational Economics and Trade::Trade Policy
okr.topicInternational Economics and Trade::Free Trade
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicPrivate Sector Development::Emerging Markets
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitTrade & Compet - GP - IBRD (GTCDR)
relation.isAuthorOfPublicationf938bd19-ef80-50c5-9b58-e8429fce3b91
relation.isAuthorOfPublication1e63409b-8428-4de9-8942-70e823b051f4
relation.isAuthorOfPublication.latestForDiscoveryf938bd19-ef80-50c5-9b58-e8429fce3b91
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