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-term growth prospect of East Asia. Historically, a US slowdown has often been associated with a global slowdown. East Asia has …, and declining growth rates in East Asia. Using the Oxford Economics' Global Model, this paper examines the possible … impacts on East Asia of a sharper and longer US slowdown than is currently anticipated by the Asian Development Bank in its …
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The integration of China into the global economy is one of the most spectacular events in economic history. This paper investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified to explore interdependencies between business...
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The global economy remained on track in the first months of 2021, despite surging covid-19 infections and renewed containment measures in many countries. The impact of the pandemic was largely confined to the service sectors. Meanwhile, the pronounced upturn in industrial production and global...
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As a result of the Covid-19 pandemic, global economic activity is expected to have fallen by almost 10 percent in the first half of 2020. However, the low point seems to have been passed in the meantime, and in China the economy has even already made up a considerable part of the production...
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