Current Economic and Financial Crisis on World Trade Business in Developed and Developing Countries

Abstract

This paper aims to highlight the impact of the current economic and financial crisis on world trade business in developed and developing countries, specifically for the global foreign direct investment (FDI) inflows; growth rates of gross domestic product (GDP), trade and employment growth; and FDI prospects in 2014. This academic research would be beneficial not only to the researchers but also to the Academe-industry consultants, economists, businessmen, investors, entrepreneurs, bankers, financial analysts, accountants as well as business professors respectively. Hence, this article was based on published research papers but does not include empirical investigation.

Keywords: Economic Crisis, Financial Crisis, Foreign Direct Investment, FDI Inflows, Gross Domestic Product, World Trade Business