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The End of An Era? the Medium- and Long-Term Effects of the Global Crisison Growth in Low-Income Countries
Papageorgiou, Chris; Berg, Andrew; Pattillo, Catherine A.; … - International Monetary Fund (IMF) - 2010
growth. Given existing evidence that LICs were primarily impacted by such a shock in the global financial crisis, our … higher stock of international reserves are more likely to dampen the effects of an ED shock on growth. …
Persistent link: https://www.econbiz.de/10008671308
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Decoupling From the East toward the West? Analyses of Spillovers to the Baltic Countries
International Monetary Fund (IMF); International … - 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/10008528644
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Spillovers to Low-Income Countries; Importance of Systemic Emerging Markets
Dabla-Norris, Era; Espinoza, Raphael A.; Jahan, Sarwat - International Monetary Fund (IMF) - 2012
This paper documents the expanding economic linkages between low-income countries (LICs) and a narrow group of "Emerging Market leaders" that have become major players in regional and global trade and financial flows. VAR models show that these linkages have increased the share of growth...
Persistent link: https://www.econbiz.de/10009654155
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Changing Nature of North-South Linkages; Stylized Facts and Explanations
Akin, Çigdem; Kose, M. Ayhan - International Monetary Fund (IMF) - 2007
countries, the South, driven by the process of globalization?the phenomenon of rising international trade and financial flows … economic activity on the Emerging South has declined during the globalization period (1986-2005). In contrast, the growth …
Persistent link: https://www.econbiz.de/10005769105
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On the Sources of Oil Price Fluctuations
Unalmis, Deren; Unalmis, Ibrahim; Unsal, D. Filiz - International Monetary Fund (IMF) - 2009
and their distinct effects. Kilian (2009) analyzes the effects of an oil supply shock, an aggregate demand shock, and a … precautionary oil demand shock. The paper's aim is to model macroeconomic consequences of these shocks within a new Keynesian DSGE … framework. It models a small open economy and the rest of the world together to discover both accompanying effects of oil price …
Persistent link: https://www.econbiz.de/10008561072
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Botswana; 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
This paper discusses 2013 Article IV Consultation highlights slower economic performance and financial risks in Botswana. The output growth is expected to remain broadly unchanged in 2013 as strong nonmining sector growth would offset the subdued mining output. Banks’ high exposure to...
Persistent link: https://www.econbiz.de/10011244723
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A New International Economic and Financial Order
Danila, Nicolae - In: Theoretical and Applied Economics 12(529) (2008) 12(529), pp. 61-68
The today’s world is trying to find solutions to problems related to the global recession, which is accompanied by a …
Persistent link: https://www.econbiz.de/10005087843
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Evolution and Performance of Exchange Rate Regimes
Brooks, Robin; Rogoff, Kenneth; Mody, Ashoka; Oomes, Nienke - International Monetary Fund (IMF) - 2004
regimes. It also reviews the performance of exchange rate regimes in terms of inflation and business cycles. …
Persistent link: https://www.econbiz.de/10005590922
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The Rising Resilience of Emerging Market and Developing Economies
Abiad, Abdul; Bluedorn, John C; Guajardo, Jaime; … - International Monetary Fund (IMF) - 2012
Economic performance in many emerging market and developing economies (EMDEs) improved substantially over the past twenty years. The past decade was particularly good—for the first time EMDEs spent more time in expansion and had smaller downturns thanadvanced economies. In this paper we...
Persistent link: https://www.econbiz.de/10011142060
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Republic of Poland; Selected Issues
International Monetary Fund (IMF); International … - 2012
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...
Persistent link: https://www.econbiz.de/10011242491