The bursting of the subprime mortgage market in the United States in 2008 and the ensuing global financial crisis were associated with a rapid decline in global trade. The extent of the trade collapse was unprecedented: trade flows fell at a faster rate than had been observed even in the early years of the great depression. G-20 leaders held their first crisis-related summit in November 2008. The goal was to understand the root causes of the global...
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INFORMACIÓN
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2011/06/22
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Publicación
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63264
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1
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1
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2011/07/14
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Disclosed
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Trade finance during the great trade collapse
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trade finance