Showing 1 - 10 of 3,445
linkages between Germany and the Czech Republic, Hungary, Poland, and the Slovak Republic (CE4) have expanded rapidly …
Persistent link: https://www.econbiz.de/10011243491
emerging markets in international trade. Increased international spillovers call for stronger ex post coordination mechanisms …
Persistent link: https://www.econbiz.de/10008533228
This Selected Issues Paper focuses on the economic and financial ties between Poland and the euro area and analyzes the … associated spillovers. It documents stylized facts about trade, vertical integration, foreign direct investment, and banking … system linkages between Poland and core euro area countries. The impact of shocks originating from the euro area on economic …
Persistent link: https://www.econbiz.de/10011242491
This paper examines the effect of the major Canada-U.S. trade agreements on the dynamics of business cycles and productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement (CUSFTA), have led to a substantial expansion of trade...
Persistent link: https://www.econbiz.de/10005769318
This paper examines the relative importance of external shocks as sources of business cycle fluctuations in Mexico, and identifies the dynamic responses of domestic output to foreign disturbances. Using a VAR model with block exogeneity restrictions, it finds that U.S. shocks explain a large...
Persistent link: https://www.econbiz.de/10005825765
This 2013 Article IV Consultation highlights that Germany’s economic rebound of 2010–11 gave way to weakening momentum during the course of 2012. Although exports to non-European trading partners began to recover by mid-2012, in line with improved prospects in the United States and...
Persistent link: https://www.econbiz.de/10011244067
Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...
Persistent link: https://www.econbiz.de/10005252532
This Working Paper brings together three papers prepared as background for discussions at the Second High-Level Conference on Asian Integration cohosted by the Monetary Authority of Singapore and the IMF on May 25, 2006. The first documents recent trends in the intraregional flow of goods and...
Persistent link: https://www.econbiz.de/10005826187
The Mauritian economy showed strong performance owing to its sound macroeconomic policies. Executive Directors emphasized the need to remain competitive and address the growing unemployment problem. They commended the efforts to support the developments in financial services, free port...
Persistent link: https://www.econbiz.de/10005599096
This paper studies economic and financial spillovers from the euro area to Poland in a two-country semi …-structural model. The model incorporates various channels of macrofinancial linkages and cross-border spillovers. We parameterize the …. Simulation results suggest a prominent role of foreign demand shocks (euro area and global) in driving Poland’s output …
Persistent link: https://www.econbiz.de/10011142199