Melise Jaud is a senior economist in the Chief Economist Office of the World Bank’s Middle East and North Africa region.Her research primarily covers international trade in particular the determinants and impacts of firms' export dynamics and growth, food safety issues in trade, and policy reforms in developing and transition countries. She also works on political economy issues in the Middle East and North Africa. She received her PhD from the Paris School of Economics.
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.