Marie-Ange Véganzonès-Varoudakis is a research fellow at the Centre d’Études et de Recherches sur le Développement International (CERDI), Centre National de la Recherche Scientifique (CNRS), Université. . She has held assignments with the World Bank, the Organization of Economic Cooperation and Development (OECD), the French Ministry of Economy and the United Nations. Her research has focused on economic policy, economic growth, trade, exchange rate, foreign direct investment, corporate productive performances, innovation, technology transfer and governance, with emphasis on the Middle East, Latin America, and South Asia.
How does the financial vulnerability of many developing economies affect the ability of their firms to participate effectively in export markets? This column summarises research on 34 developing countries between 1997 and 2011. Financial crises in both the exporting and importing countries have a big negative effect on export dynamics.