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#TradeGDPRatioAt2008
"World trade-to-GDP ratio rose until 2008 to reach 61%, before crashing to 52% in 2009.
The trade-to-GDP ratio recovered in 2011 to 60%, but since trended back to 52%"
livemint.com/economy/world-…
"World trade-to-GDP ratio rose until 2008 to reach 61%, before crashing to 52% in 2009.
The trade-to-GDP ratio recovered in 2011 to 60%, but since trended back to 52%"
livemint.com/economy/world-…
"South Asia and Latin America and the Caribbean (LAC) come on top..The case of South Asia, while surprising at first sight, is driven by India and in line with the results in figure.
"After underperforming the world economy and having serious difficulties, India made rapid progress (starting around 1990) in integrating into the global economy and recovered the lost ground to a large extent," the report further added.
