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This paper presents some facts on China’s role in the world economy and measures the impact of China’s growth on growth in the rest of the world in the short and long term. Short-run estimates based on VARs and error-correction models suggest that spillover effects of...
Persistent link: https://www.econbiz.de/10008560430
-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers … from an investment slowdown in China. It finds that a one percentage point slowdown in investment in China is associated … vulnerable to an investment slowdown in China. The spillover effects also register strongly across a range of macroeconomic …
Persistent link: https://www.econbiz.de/10011242248
This Detailed Assessment of the Observance of International Association of Insurance Supervisors (IAIS) Insurance Core Principles for Portugal highlights the market analysis of the insurance market. Investment in domestic government bonds has decreased and is outweighed by nondomestic government...
Persistent link: https://www.econbiz.de/10011243620
Japan’s position is one of the largest and richest economies in the world. Tokyo as a financial marketplace is not a major intermediator of global capital flows. The current macroeconomic environment is conducive to spillovers being larger than captured by the empirical analysis. Apart...
Persistent link: https://www.econbiz.de/10011244326
This Selected Issues paper reports that the Philippines is influenced by global developments through both trade and financial channels. Weaker global growth hurts demand for Philippine exports, which in turn affects consumption and investment. The financial system has only limited exposure to...
Persistent link: https://www.econbiz.de/10011244763
This 2012 Article IV Consultation reports that the German economy’s performance has been remarkable despite facing considerable headwinds. Several conditions are now in place in Germany for a domestic demand-led recovery. Employment creation has been robust and unemployment at 5.3 percent...
Persistent link: https://www.econbiz.de/10011245124
Staff Report for the 2012 Article IV consultation, prepared by a staff team of the IMF, following discussions that ended on July 6, 2012, with the officials of Indonesia on economic developments and policies. Based on information available at the time of these discussions, the staff report was...
Persistent link: https://www.econbiz.de/10011245431
The Chinese authorities welcomed the spillover analysis, noting that their policies have important global spillover effects. The note also discusses China’s evolving role in global trade, impact of rebalancing on the supply chain, estimating China’s spillovers, elasticities...
Persistent link: https://www.econbiz.de/10011245636
Japan showed strong economic recovery from the crisis. Executive Directors welcomed the development and stressed the need for a strong monetary framework, well-designed fiscal consolidation, and structural reforms. Directors agreed that the Bank of Japan’s monetary framework is well...
Persistent link: https://www.econbiz.de/10011245637
Germany’s economic growth and recovery from the global crisis are explained in this study. Tax, education, and innovation policies are specific measures supported by the authorities. External and financial shocks received by Germany and other outward spillovers are outlined. Germany has a...
Persistent link: https://www.econbiz.de/10011245844