Changing Patterns of Global Trade
Departmental Papers, January 9, 2012
Source details
- Canonical URL
- Changing Patterns of Global Trade
Other formats
Bibliographic details
- Authors: Nagwa Riad, Luca Errico, Christian Henn, Christian Saborowski, Mika Saito, Jarkko Turunen
- Published: January 9, 2012
- Series: Departmental Papers
- DOI: https://doi.org/10.5089/9781616352073.087
Overview and Key Findings
- Outlines the factors underlying important shifts in global trade that have occurred in recent decades.
- The emergence of global supply chains and their increasing role in trade patterns:
- allowed emerging market economies to boost their inputs in high-technology exports;
- is associated with increased trade interconnectedness.
- One important trend over the last decade identified:
- the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.
Analysis Highlights
- Focus on how global supply chains reshape export structure and comparative advantage.
- Examines trade interconnectedness and the role of processing trade in altering trade flows.
- Emphasizes changes in export relationships, market share, and trade patterns across regions including East Asia, Europe, Middle East and Central Asia, and the Asia and Pacific region.
Subjects and Keywords (as listed)
- Subjects: Exchange rate adjustments, Exports, Financial contagion, Financial sector policy and analysis, Foreign exchange, Imports, International trade, Trade balance
- Keywords: Asia and Pacific, comparative advantage, DP, DPPP, East Asia, Europe, exchange rate, Exchange rate adjustments, export relationship, export structure, Exports, Financial contagion, Global, gross export, high-technology export, Imports, market share, Middle East and Central Asia, processing trade, size indicator, Trade balance, trade flow, trade interconnectedness, trade pattern, trade relationship, trade sector, trading partner