Narrow search
Showing 1 - 10 of 231
Cover Image
The United States : Spillover Report: 2011 Article IV Consultation
International Monetary Fund - 2011
The size of the U.S. economy and, in particular, the global dominance of its financial markets creates uniquely large policy spillovers. Concerns that the end of QE2 could lead to a rapid reversal of emerging market capital flows appear overblown. A credible plan for a gradual U.S. fiscal...
Persistent link: https://www.econbiz.de/10014398572
Cover Image
Deconstructing the International Business Cycle : Why Does a U.S. Sneeze Give the Rest of the World a Cold?
International Monetary Fund - 2010
The 2008 crisis underscored the interconnectedness of the international business cycle, with U.S. shocks leading to the largest global slowdown since the 1930s. We estimate spillover effects across major advanced country regions in a structural VAR (SVAR) using pre-crisis data. Our new method...
Persistent link: https://www.econbiz.de/10014402644
Cover Image
Decoupling From the East toward the West? : Analyses of Spillovers to the Baltic Countries
International Monetary Fund - 2009
This paper uses VAR models to examine the magnitude and sources of growth spillovers to the Baltics from key trading partners, as well asfrom the real effective exchange rate (REER). Our results show there are significant cross-country spillovers to the Baltics with those from the EU outweighing...
Persistent link: https://www.econbiz.de/10014402484
Cover Image
People's Republic of China : Spillover Report for the 2011 Article IV Consultation and Selected Issues
International Monetary Fund - 2011
effects. The note also discusses China’s evolving role in global trade, impact of rebalancing on the supply chain, estimating … China’s spillovers, elasticities approach, factor pricing, overcapacity, and sustainability risks. It elaborates on the … impact of competition from Brazil and Mexico, China’s closed capital account and capital flows to emerging markets, the …
Persistent link: https://www.econbiz.de/10014398327
Cover Image
Crouching Tiger, Hidden Dragon : What Are the Consequences of China's WTO Entry for India'S Trade
International Monetary Fund - 2005
One of the most significant recent developments in world trade has been the entry of China into the World Trade … Organization (WTO). This paper examines the implications of China''s WTO accession for India''s trade, using both econometrics and … computable general equilibrium (CGE) models. The paper analyzes how India stands to lose or gain from China''s WTO entry in terms …
Persistent link: https://www.econbiz.de/10014400923
Cover Image
Indonesia: selected issues
Heenan, Geoffrey; Benedek, Dora; Zhou, Sarah; Chivakul, Mali - 2011
This study estimated Indonesia's potential growth rate and examined its underlying determinants. Implementing a comprehensive program to address key influencing issues can improve the effectiveness of monetary policy, increase financial stability, and support capital market development. This...
Persistent link: https://www.econbiz.de/10009510804
Cover Image
Euro Area Policies : Spillover Report for the 2011 Article IV Consultation and Selected Issues
International Monetary Fund - 2011
The euro area (EA) plays a major role in the global economy. Market perceptions of events in the EA program countries illustrate the possibility of large spillovers from the area in times of stress. The prospect of large spillovers underscores the urgent need for actions to contain, and...
Persistent link: https://www.econbiz.de/10014398514
Cover Image
Spillovers Through Banking Centers : A Panel Data Analysis
International Monetary Fund - 2000
To test the role of bank lending in transmitting currency crisis we examine a panel of BIS data on bank flows to 30 emerging markets disaggregated by 11 banking centers. We find that bank exposures to a crisis country help predict bank flows in third countries after the Mexican and Asian crisis,...
Persistent link: https://www.econbiz.de/10014399830
Cover Image
Sources of Contagion : Finance or Trade?
International Monetary Fund - 1999
This paper presents evidence that spillovers through bank lending, as opposed to trade linkages and country characteristics, can help explain contagion. We construct a measure of competition for bank funds and find evidence in favor of a common lender effect in the Mexican, Thai, and Russian...
Persistent link: https://www.econbiz.de/10014401017
Cover Image
Spillovers From the Rest of the World Into Sub-Saharan African Countries
International Monetary Fund - 2009
This paper investigates the impact of a global slowdown on individual African countries using a series of dynamic panel regressions for countries in the region, relating real growth in domestic output to world growth in trade weighted by partner countries and several control variables: oil...
Persistent link: https://www.econbiz.de/10014403000