Abstract
World trade is currently undergoing a period of pronounced weakness. Following average growth of a good 10% in 1997, it increased by only around 4% last year. Yet even this increase was due to the high level at the start of the year; during the course of last year it virtually stagnated. This year, however, recovery is likely to assert itself once more.
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This paper is based on the results of the Working Group on Foreign Trade of the Association of European Conjuncture Institutes (AIECE) from spring 1999. The working group comprises the following members: COE Chambre de Commerce et d'Industrie de Paris, Paris; CPB Netherlands Bureau for Economic Policy Analysis, The Hague; DULBEA Départment d'Économie Appliquée de l'Université Libre de Bruxelles, Brussels; FIRI Foreign Trade Research Institute, Warsaw: Hamburg Institute for Economic Research (HWWA), Hamburg; INSEE Institut National de la Statistique et des Études Économiques, Paris: ISAE Istituto di Studie e Analisi Economica, Rome; KOPINT Economic Research, Marketing and Computing Co., Budapest.
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Crinius, W., Weinert, G. Slow recovery in world trade. Intereconomics 34, 152–156 (1999). https://doi.org/10.1007/BF02930167
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DOI: https://doi.org/10.1007/BF02930167