Trade-Related Policy Responses to the Crisis : A Stock Taking

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dc.creatorEvenett, Simon
dc.creatorHoekman, Bernard
dc.creatorCattaneo, Olivier
dc.date2012-08-13T14:10:50Z
dc.date2012-08-13T14:10:50Z
dc.date2009-07
dc.date.accessioned2026-07-01T01:19:59Z
dc.descriptionThe world is facing the most severe global economic crisis since the great depression of the 1930s. For the first time since World War two, World Bank projections for annual economic growth show that world gross domestic product (GDP) will decline 2.9 percent in 2009 and growth in developing countries will fall to 1.2 percent from 5.9 percent in 2008. Excluding China and India, other developing nations' economies will shrink on average by 1.6 percent. Net private capital flows to developing countries will likely turn negative in 2009 a more than $800 billion drop from the 2007 peak. The decline in global foreign direct investment (FDI) flows that started in 2008 will deepen and spread to the developing world, with overall inflows projected to fall some 30 percent compared to 2008, the first time FDI has fallen more than 10 percent in a year since 1986. The value of remittances, perhaps the most stable source of external financing for developing countries, is expected to drop by at least 5 percent this year.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2009/07/11362157/trade-related-policy-responses-crisis-stock-taking
dc.identifierhttps://hdl.handle.net/10986/11112
dc.identifierhttps://doi.org/10.1596/11112
dc.identifier.urihttp://hdl.handle.net/123456789/417133
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPREM Notes; No. 139
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCORDS
dc.subjectAGREEMENT ON GOVERNMENT PROCUREMENT
dc.subjectAGRICULTURAL SUBSIDIES
dc.subjectAGRICULTURE
dc.subjectANTIDUMPING
dc.subjectAPPAREL
dc.subjectAPPAREL INDUSTRIES
dc.subjectBARRIERS TO INVESTMENT
dc.subjectBARRIERS TO TRADE
dc.subjectBILATERAL INVESTMENT TREATIES
dc.subjectCARBON EMISSIONS
dc.subjectCENTRAL BANKS
dc.subjectCOMMERCIAL POLICY
dc.subjectCOMMODITIES
dc.subjectCOMPETITION POLICY
dc.subjectCOMPETITIVENESS
dc.subjectCOMPETITIVENESS OF FIRMS
dc.subjectCOUNTERVAILING DUTIES
dc.subjectCUSTOMER BASE
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING NATIONS
dc.subjectDEVELOPING WORLD
dc.subjectDEVELOPMENT FINANCE
dc.subjectDISPUTE SETTLEMENT
dc.subjectDISPUTE SETTLEMENT PROCEDURES
dc.subjectDOMESTIC INDUSTRIES
dc.subjectDOMESTIC MARKETS
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DOWNTURN
dc.subjectECONOMIC LAW
dc.subjectECONOMIC ORDER
dc.subjectECONOMIC POLICY
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPANSIONARY POLICIES
dc.subjectEXPORT CREDIT
dc.subjectEXPORT RESTRICTIONS
dc.subjectEXPORT SUBSIDIES
dc.subjectEXPORT TAXES
dc.subjectEXPORTS
dc.subjectEXTERNAL FINANCING
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL POLICY
dc.subjectFORECASTS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN GOODS
dc.subjectFOREIGN SUPPLIERS
dc.subjectGDP
dc.subjectGLOBAL TRADE
dc.subjectGLOBALIZATION
dc.subjectGOLD STANDARD
dc.subjectGOVERNMENT ACTIONS
dc.subjectIMPORT BANS
dc.subjectIMPORTS
dc.subjectINDUSTRIAL POLICIES
dc.subjectINTERNATIONAL COMMERCE
dc.subjectINTERNATIONAL COMMUNITY
dc.subjectINTERNATIONAL ECONOMIC LAW
dc.subjectINTERNATIONAL RULES
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTMENT INCENTIVES
dc.subjectJURISDICTION
dc.subjectJURISDICTIONS
dc.subjectMARKET ACCESS
dc.subjectMARKET FAILURE
dc.subjectMINISTERIAL MEETING
dc.subjectMONETARY POLICY
dc.subjectMULTILATERAL DISCIPLINES
dc.subjectMULTILATERAL RULES
dc.subjectMULTILATERAL TRADE
dc.subjectMULTILATERAL TRADE NEGOTIATION
dc.subjectNATIONAL TREATMENT
dc.subjectNEW MARKET
dc.subjectOPEN ECONOMIES
dc.subjectOPEN MARKETS
dc.subjectOPEN TRADE
dc.subjectOPEN TRADE REGIME
dc.subjectOPPORTUNITY COST
dc.subjectPOLICY PRIORITIES
dc.subjectPOLICY RESEARCH
dc.subjectPREFERENTIAL TRADE
dc.subjectPREFERENTIAL TRADE AGREEMENTS
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE CAPITAL FLOWS
dc.subjectPROTECTIONISM
dc.subjectPROTECTIONIST
dc.subjectPROTECTIONIST MEASURES
dc.subjectPROTECTIONIST POLICIES
dc.subjectPROTECTIONIST PRESSURES
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONAL INTEGRATION AGREEMENTS
dc.subjectREGULATORS
dc.subjectREINVESTMENT
dc.subjectRISK PREMIUM
dc.subjectSAFEGUARD ACTIONS
dc.subjectSETTLEMENT PROCEDURES
dc.subjectSYSTEMIC RISKS
dc.subjectTARIFF REDUCTIONS
dc.subjectTOURISM
dc.subjectTRADE AGREEMENTS
dc.subjectTRADE ALERT
dc.subjectTRADE DISCIPLINES
dc.subjectTRADE FINANCE
dc.subjectTRADE IN GOODS
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRADE REGIME
dc.subjectTRADE REMEDIES
dc.subjectTRADE RULES
dc.subjectTRADE SYSTEM
dc.subjectTRADE VOLUMES
dc.subjectTRADING SYSTEM
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT COSTS
dc.subjectUNEMPLOYMENT
dc.subjectVOLUNTARY EXPORT RESTRAINTS
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANISATION
dc.subjectWTO
dc.titleTrade-Related Policy Responses to the Crisis : A Stock Taking

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