countries, away from advanced economies, they have also led SSA countries to become more susceptible to spillovers from China … resource-rich countries, especially oil exporters. These effects could be mitigated, however, to the extent that countries can …

This paper analyzes spillovers from macroeconomic shocks in systemic economies (China, the Euro Area, and the United … States) to the Middle East and North Africa (MENA) region as well as outward spillovers from a GDP shock in the Gulf … Cooperation Council (GCC) countries and MENA oil exporters to the rest of the world. This analysis is based on a Global Vector …