Introduction
- Author: United Nations Economic and Social Commission for Asia and the Pacific
- Main Title: Asia-Pacific Trade and Investment Report 2009 , pp 29-32
- Publication Date: August 2010
- DOI: https://doi.org/10.18356/4647b361-en
- Language: English
When the economic crisis hit Asia and the Pacific in the course of 2008, exports and economic growth rates tumbled while unemployment rose sharply and results for 2009 look set to be even worse. The World Trade Organization (WTO) expects world trade to drop by 10% in 2009. The severity and speed of the crisis were largely unpredicted and triggered widespread populist pressure on governments to protect national markets and jobs.
© United Nations
ISBN (PDF):
9789210543569
Book DOI:
https://doi.org/10.18356/7d80fe36-en
Related Subject(s):
International Trade and Finance
Sustainable Development Goals:
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