Changing Patterns of Global Trade

Author: Nagwa Riad, Mr. Luca Errico, Christian Henn, Christian Saborowski, Mika Saito, and Mr. Jarkko Turunen

Volume/Issue: Volume 2012 Issue 001

Publication date: January 2012

ISBN: 9781616352073

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Finance , DPPP , DP , trade flow , exchange rate , market share , comparative advantage , high-technology export , gross export , trade interconnectedness , trade relationship , size indicator , export structure , processing trade , trade pattern , trading partner , trade sector , export relationship , Exports , Trade balance , Imports , Financial contagion , Exchange rate adjustments , Global , East Asia , Middle East and Central Asia , Europe , Asia and Pacific

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Summary

Changing Patterns of Global Trade 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 and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: 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.