Publication:
Trade Crisis and Recovery : Restructuring of Global Value Chains

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dc.contributor.authorMilberg, William
dc.contributor.authorWinkler, Deborah
dc.date.accessioned2012-03-19T18:39:41Z
dc.date.available2012-03-19T18:39:41Z
dc.date.issued2010-05-01
dc.description.abstractThe recent large and rapid slowdown in economic activity has resulted in even larger and more rapid declines in international trade. As world trade is set to rebound, this paper addresses three questions: (i) Will trade volumes rebound in a symmetric fashion as world economic growth rebounds? (ii) Will the crisis result in a change in the structure of trade, and in particular will it lead to a reversal of the pattern of more diversified sourcing and thus to a consolidation of global value chains? (iii) What policies can improve the prospects for developing country growth in the event that trade volumes do not rebound symmetrically and there is a consolidation of some global value chains?en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100507080428
dc.identifier.doi10.1596/1813-9450-5294
dc.identifier.urihttps://hdl.handle.net/10986/3780
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5294
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABSOLUTE VALUE
dc.subjectAGGREGATE DEMAND
dc.subjectANNUAL GROWTH
dc.subjectAVERAGE COSTS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK CREDIT
dc.subjectBARRIERS
dc.subjectBENCHMARK
dc.subjectBILATERAL EXCHANGE RATE
dc.subjectBORROWERS
dc.subjectBUSINESS CYCLE
dc.subjectBUSINESS CYCLES
dc.subjectBUSINESS INVESTMENT
dc.subjectCAPITAL
dc.subjectCAPITAL ALLOCATION
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL GOOD
dc.subjectCAPITAL GOODS
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMUNICATION
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCONSOLIDATION
dc.subjectCONSUMER DEBT
dc.subjectCONSUMER DEMAND
dc.subjectCONSUMER DURABLES
dc.subjectCONSUMER GOODS
dc.subjectCONSUMPTION
dc.subjectCONSUMPTION EXPENDITURE
dc.subjectCONSUMPTION GOOD
dc.subjectCONSUMPTION GOODS
dc.subjectCOST STRUCTURE
dc.subjectCREDIT
dc.subjectCRITERIA
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectCURRENT ACCOUNT IMBALANCE
dc.subjectDEBT
dc.subjectDEMAND DECLINES
dc.subjectDEMAND GROWTH
dc.subjectDEPRECIATION
dc.subjectDEPRESSION
dc.subjectDEPRESSIONS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPING ECONOMIES
dc.subjectDEVELOPMENT
dc.subjectDEVELOPMENT STRATEGIES
dc.subjectDOLLAR PEG
dc.subjectDOMESTIC PRICE
dc.subjectDURABLE GOODS
dc.subjectECONOMETRICS
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC DOWNTURN
dc.subjectECONOMIC DOWNTURNS
dc.subjectECONOMIC GEOGRAPHY
dc.subjectECONOMIC GROUPINGS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC SLOWDOWN
dc.subjectECONOMIC THEORY
dc.subjectECONOMICS
dc.subjectECONOMIES
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITY
dc.subjectERROR CORRECTION MODEL
dc.subjectERROR CORRECTION TERM
dc.subjectERROR TERM
dc.subjectEXCHANGE RATE POLICY
dc.subjectEXPANSIONARY FISCAL POLICY
dc.subjectEXPORT CREDIT
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKETS
dc.subjectEXPORT REVENUE
dc.subjectEXPORT REVENUES
dc.subjectEXPORT SHARE
dc.subjectEXPORT SHARES
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNAL TRADE
dc.subjectFEDERAL RESERVE
dc.subjectFEDERAL RESERVE BANK
dc.subjectFINANCIAL ARCHITECTURE
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SERVICES
dc.subjectFISCAL POLICY
dc.subjectFIXED COSTS
dc.subjectFORECASTS
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFUTURE
dc.subjectGDP
dc.subjectGEOGRAPHIC DISTRIBUTION
dc.subjectGLOBAL CORPORATIONS
dc.subjectGLOBAL ECONOMICS
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL EXPORT
dc.subjectGLOBAL EXPORTS
dc.subjectGLOBAL TRADE
dc.subjectGLOBALIZATION
dc.subjectGOODS
dc.subjectGOVERNANCE
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH IN TRADE
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHIGH-INCOME COUNTRIES
dc.subjectIMBALANCES
dc.subjectIMPORT
dc.subjectIMPORT CONTENT
dc.subjectIMPORT DEMAND
dc.subjectIMPORT GROWTH
dc.subjectIMPORT TARIFF
dc.subjectIMPORTS
dc.subjectIMPORTS GOODS
dc.subjectINCOME ELASTICITIES
dc.subjectINCOME ELASTICITY
dc.subjectINDUSTRIAL COUNTRIES
dc.subjectINDUSTRIAL ECONOMICS
dc.subjectINFORMATION SERVICES
dc.subjectINPUTS
dc.subjectINSURANCE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL BANKING
dc.subjectINTERNATIONAL TRADE
dc.subjectINVENTORIES
dc.subjectINVENTORY
dc.subjectINVESTMENT DEMAND
dc.subjectINVESTMENT GOODS
dc.subjectLAGS
dc.subjectLIBERALIZATION OF TRADE
dc.subjectLINES OF CREDIT
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMAJOR CURRENCIES
dc.subjectMARGINAL PRODUCTIVITY
dc.subjectMARKET DEMAND
dc.subjectMARKET FAILURE
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMARKETS
dc.subjectMIDDLE INCOME COUNTRIES
dc.subjectMIDDLE-INCOME COUNTRIES
dc.subjectMIDDLE-INCOME COUNTRY
dc.subjectNATIONAL INCOME
dc.subjectOIL PRICES
dc.subjectOUTPUT
dc.subjectOUTSOURCING
dc.subjectPARTICULAR COUNTRIES
dc.subjectPAYMENT GUARANTEES
dc.subjectPAYMENT SYSTEMS
dc.subjectPAYMENTS
dc.subjectPOLITICAL ECONOMY
dc.subjectPRICE ELASTICITIES
dc.subjectPRIVATE SAVING
dc.subjectPRODUCTION
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTION STRUCTURE
dc.subjectPROTECTIONISM
dc.subjectREAL EFFECTIVE EXCHANGE RATE
dc.subjectREAL IMPORT
dc.subjectREAL INCOME
dc.subjectRECESSION
dc.subjectRECESSIONS
dc.subjectRENT
dc.subjectRESERVE ACCUMULATION
dc.subjectREVALUATION
dc.subjectRISK
dc.subjectSECONDARY MARKET
dc.subjectSIDE EFFECTS
dc.subjectSLOWDOWN
dc.subjectSPEED OF ADJUSTMENT
dc.subjectSTRUCTURAL CHANGE
dc.subjectSUBSTITUTION EFFECT
dc.subjectSUPPLIES
dc.subjectSUPPLY
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTECHNOLOGICAL CHANGE
dc.subjectTELECOMMUNICATIONS
dc.subjectTHEORY
dc.subjectTOTAL EXPORT
dc.subjectTOTAL EXPORTS
dc.subjectTOTAL IMPORTS
dc.subjectTOTAL MARKET
dc.subjectTRADE
dc.subjectTRADE CREDIT
dc.subjectTRADE DATA
dc.subjectTRADE EXPANSION
dc.subjectTRADE FINANCE
dc.subjectTRADE FINANCING
dc.subjectTRADE GROWTH
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE LOSSES
dc.subjectTRADE OPENNESS
dc.subjectTRADE PATTERNS
dc.subjectTRADE PROTECTION
dc.subjectTRADE RELATION
dc.subjectTRADE STATISTICS
dc.subjectTRADE TRANSACTIONS
dc.subjectTRADING PARTNERS
dc.subjectTRANSACTIONS COST
dc.subjectTRANSACTIONS COSTS
dc.subjectTRENDS
dc.subjectTROUGH
dc.subjectUNCERTAINTY
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATES
dc.subjectVALUE
dc.subjectVALUE ADDED
dc.subjectVARIABLE COSTS
dc.subjectVARIABLE INPUTS
dc.subjectVARIABLES
dc.subjectVERTICAL INTEGRATION
dc.subjectVOLATILITY
dc.subjectVOLUME OF TRADE
dc.subjectWAGES
dc.subjectWORLD DEMAND
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD ECONOMY
dc.subjectWORLD MARKET
dc.subjectWORLD MARKET SHARE
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleTrade Crisis and Recovery : Restructuring of Global Value Chainsen
dspace.entity.typePublication
okr.crossref.titleTrade Crisis And Recovery : Restructuring Of Global Value Chains
okr.date.doiregistration2025-04-10T11:51:30.826030Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100507080428
okr.guid136001468169754401
okr.identifier.doi10.1596/1813-9450-5294
okr.identifier.externaldocumentum000158349_20100507080428
okr.identifier.internaldocumentum12212821
okr.identifier.reportWPS5294
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/05/07/000158349_20100507080428/Rendered/PDF/WPS5294.pdfen
okr.region.administrativeThe World Region
okr.region.administrativeThe World Region
okr.sectorIndustry and trade :: Other domestic and international trade
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublication9e4e96f9-3911-532b-8ba9-36cbcc0141a5
relation.isAuthorOfPublication.latestForDiscovery9e4e96f9-3911-532b-8ba9-36cbcc0141a5
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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