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What the 2008/2009 World Economic Crisis Means for Global Agricultural Trade
- 英文名称：
- What the 2008/2009 World Economic Crisis Means for Global Agricultural Trade
- 作者：
- May Peters; Mathew Shane; David Torgerson
- 工作单位：
- USDA's Economic Research Service
- 关键词：
- World economic crisis; international agricultural markets; international agricultural trade; agricultural imports; agricultural exports; world economic growth;
- 年份：
- 2009
- 出版地：
- Washington, DC, USA
- 总页数：
- 32 pp
- 语种：
- English
- 摘要：
- The global economic crisis that started in late 2008 has led to a sharp curtailment of international trade, including a short-term decline in the value of global agricultural trade of around 20 percent. After slowing, global agricultural trade will continue to grow in the future. The crisis is leading to a realignment of exchange rates, and the ultimate resolution of the crisis will depend on adjustments in the exchange value of the U.S. dollar. The U.S. agricultural sector would benefit from a depreciating dollar, which results in high export earnings, high agricultural commodity prices, increased production, and increased farm income.
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