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Zihui Ma, Leonard Cheng
NBER Working Paper No. 10172
Issued in December 2003
NBER Program(s): IFM
ITI
---- Abstract -----
This paper studies empirically the effects of financial crises on international trade. The major findings are that banking crises had a negative impact on imports but a positive impact on exports in the short term, whereas currency crises decreased imports in the short term and stimulated exports in the longer term.
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