Post-crisis foreign trade trends and policies on the periphery of the European Union – comparison of the Iberian, Baltic and Central European region
Journal: Repository of the Academy's Library (Library of the Hungarian Academy of Sciences)
Year: 2016

The year of the great trade collapse in the world was 2009. The international crisis caused a shrinkage of domestic demand and general credit crunch. As a consequence, the growth-enhancing role of exports came into focus in most countries. Exports gained momentum from 2010 but with certain changes in structure and direction. Trade within global value chains has become more pronounced and non-EU markets were targeted by several firms. In certain countries it became a deliberate state policy to tu