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- W2088434071 abstract "We examine how the structure of the world trade network has been shaped by globalization and recessions over the last 40 years. We show that by treating the world trade network as an evolving system, theory predicts the trade network is more sensitive to evolutionary shocks and recovers more slowly from them now than it did 40 years ago, due to structural changes in the world trade network induced by globalization. We also show that recession-induced change to the world trade network leads to an emph{increased} hierarchical structure of the global trade network for a few years after the recession." @default.
- W2088434071 created "2016-06-24" @default.
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- W2088434071 date "2010-11-05" @default.
- W2088434071 modified "2023-10-18" @default.
- W2088434071 title "Structure and Response in the World Trade Network" @default.
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- W2088434071 doi "https://doi.org/10.1103/physrevlett.105.198701" @default.
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