scholarly journals Research on the Approaches of the participation of China’s SMEs in International Trade under Financial Crisis

2009 ◽  
Vol 5 (1) ◽  
Author(s):  
Yanan Zhao
Keyword(s):  
International Trade ◽  
Financial Crisis

How the Global Financial Crisis and International Trade Affected Corporate Decisions?

2021 ◽  
pp. 137-157
Author(s):  
Hasan Tekin
Keyword(s):  
International Trade ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Positive Impact ◽  
Institutional Setting ◽  
Financial Decisions ◽  
Corporate Decisions ◽  
The Global Financial Crisis ◽  
The Impact ◽  
Positive Effect

This chapter, first, draws an overview of the theoretical and conceptual framework of corporate decisions in the global financial crisis (GFC) context. Then, it shows the connectedness of corporate finance and international trade. Finally, employing a rich dataset, this chapter assesses the impact of international trade as well as the GFC on corporate financial decisions, particularly cash holdings, debt financing, and dividend payouts over the period 2002-2016. The findings show that international trade significantly affects corporate decisions. Firms with higher trade countries have higher debt level but lower cash and dividends across the globe. During the GFC, the positive impact of trade on debt shifts to negative. Also, trade has a positive effect on both cash and debt in the aftermath of the GFC. Taken together, international trade as an institutional setting influences corporate decisions and its role on cash, debt, and dividend differ during and after the GFC.

scholarly journals Peak of SO2 Emissions Embodied in International Trade: Patterns, Drivers and Implications

2021 ◽  
Vol 13 (23) ◽  
pp. 13351
Author(s):  
Bin Wang ◽  
Dechun Huang ◽  
Chuanhao Fan ◽  
Zhencheng Xing
Keyword(s):  
International Trade ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Developing Economies ◽  
Decomposition Analysis ◽  
Energy Structure ◽  
So2 Emissions ◽  
Trade Patterns ◽  
Developed Economies ◽  
Production And Consumption

International trade links countries consuming goods and services to those where products and related SO2 pollution are produced, thereby affecting national mitigation responsibilities. This study combined accounting and decomposition techniques to investigate the patterns and drivers of SO2 emissions embodied in international trade from 1995 to 2015 and quantified the contribution of each country or region on the production and consumption sides. The global embodied emissions increased at an accelerated rate before the global financial crisis and peaked at 51.3 Mt in 2008, followed by a fluctuating decline from 2008 to 2015. Spatially, the transfers of SO2 emissions tended to flow from developed countries to less developed ones, but the trend has weakened after the financial crisis. Our decomposition analysis suggests that the energy and production system transitions and the slowdown in international trade jointly accounted for the peak and decline in emissions. Our contribution analysis indicates that developing economies have contributed to decreased emissions due to their recent efforts in production technology upgrading, energy efficiency improvement and energy structure optimization. The influence of developed economies on emissions decreased due to their reduced dependency on imports. Targeted policy methods are provided from the production and consumption perspectives for developing and developed economies, respectively.

Book Reviews

2017 ◽  
Vol 55 (2) ◽  
pp. 653-655
Keyword(s):  
International Trade ◽  
Labor Market ◽  
Financial Crisis ◽  
Economic Applications ◽  
Northwestern University ◽  
Exchange Markets ◽  
Recent Financial Crisis

Bryony Reich of Northwestern University reviews “The Oxford Handbook of the Economics of Networks,” edited by Yann Bramoulle, Andrea Galeotti, and Brian Rogers. The Econlit abstract for this book begins: “Thirty papers present current research on economic applications of networks, including the study of exchange markets, the recent financial crisis, international trade, migration, development, and the labor market.”

Trends of Development of International Trade in Goods in 1990–2008

2011 ◽  
pp. 36-47
Author(s):  
V. Sokolov
Keyword(s):  
International Trade ◽  
Financial Crisis ◽  
North America ◽  
East Asia ◽  
Industrial Production ◽  
Western Europe ◽  
Negative Impact ◽  
Balance Of Payments ◽  
Global Crisis ◽  
The World

In today's world there are three centers of industrial production: Western Europe, North America and East Asia. These regions account for the lion's share of world exports of industrial products. The financial crisis of 2008-2009 exerted major negative impact on the growth of international trade in these products. The article examines the trade in certain branches of engineering products in 1990-2000, the influence of the global crisis on international trade, as well as the balance of payments problems of major countries and regions of the world.

Transparency as a trade policy tool: the WTO's cloudy windows

2010 ◽  
Vol 9 (4) ◽  
pp. 551-581 ◽  
Author(s):  
TERRY COLLINS-WILLIAMS ◽  
ROBERT WOLFE
Keyword(s):  
International Trade ◽  
Financial Crisis ◽  
Trade Policy ◽  
Analytic Framework ◽  
Trading System ◽  
International Effort ◽  
Policy Tool ◽  
Monitoring And Surveillance ◽  
Emergency Measures

AbstractTransparency, one of the fundamental norms of the trading system, is increasingly seen as an essential tool in the governance of international trade. Enhanced monitoring and surveillance of emergency measures was central to the international effort to mitigate the effects of the financial crisis that began in 2008. This paper develops a new analytic framework for thinking about WTO transparency provisions. We apply this framework to a detailed case study of the Agreement on Subsidies and Countervailing Measures, and then compare this experience to other domains within the WTO. We show that the WTO's windows on the trading system are cloudier than they ought to be. We conclude with some recommendations for improving WTO transparency tools.

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