In a recent report, " The Implications of the Global Financial Crisis for Low-Income Countries, " the Fund singled out sub-Saharan Africa as particularly vulnerable to the crisis, as lower global growth reduces export demand and depresses commodity prices.
That's just another reason for fading hopes that Asia might export its way out of the Crisis.
So during the financial crisis, as trade finance dried up, the Export-Import Bank lived up to its mission and stepped up to fill the void.
But Mr Berglof says the crisis in the eurozone, the region's biggest export market by far, is bad news.
If the ailing Italian economy were to recover, it would boost the Balkan country's export industry following sluggish growth since the financial crisis, Zoran Milanovic told CNN.
The eurozone, one of its biggest export markets, is still grappling with a debt crisis with no long term solution in sight.
We expect both the ECB, now facing a banking crisis, and emerging markets, facing enormous uncertainty in their export markets in the U.S. and Europe, will swing from monetary tightening to an easing posture.
Unless and until the export is being driven by a desire for more efficient and safe recycling, and not a desire to avoid real costs, export is not the answer to the e-waste crisis.
In its latest earnings, rivals UPS missed top and bottom-line estimates, while highlighting that uncertainty in the U.S., export weakness in Asia, and the European sovereign debt crisis would continue to put downward pressure on earnings, as my colleague Steve Schaefer reported.
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That sounds impressive, but in fact, it barely puts export totals back to the level they were at before the crisis.
In the wake of the economic crisis, the government is keen to foster industries other than financial services with export potential.
Recessions in Brazil and Argentina - its main export markets and sources of tourists - propelled the country into economic crisis in 2002.
Currently, global growth is threatened by several macro headwinds such as Euro-zone debt crisis and concerns over U.S. growth both of which can decelerate growth in export-reliant Asian economies and fuel inflation due to prolonged easy money policies.
The country felt the brunt of the crisis in comparison with its big emerging market peers because Russia is dependent on oil and gas export revenues to fill government coffers.
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