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The global financial crisis was a stark reminder of the importance of cross-country linkages in the global economy. We document growth synchronization across a diverse group of 185 countries covering 7 regions, and pay particular attention to the period around the global financial crisis. A...
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The global financial crisis was a stark reminder of the importance of cross-country linkages in the global economy. We document growth synchronization across a diverse group of 185 countries covering 7 regions, and pay particular attention to the period around the global financial crisis. A...
Persistent link: https://www.econbiz.de/10014395253
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negative GDP shock in China (equivalent to a one-off one percent growth shock) could have significant global macroeconomic … repercussions, with world growth reducing by 0:23 percentage points in the short-run; and (ii) a surge in global financial market … volatility could translate into a fall in world economic growth of around 0:29 percentage points, but it could also have negative …
Persistent link: https://www.econbiz.de/10012969747
negative GDP shock in China (equivalent to a one-off one percent growth shock) could have significant global macroeconomic … repercussions, with world growth reducing by 0.23 percentage points in the short-run; and (ii) a surge in global financial market … volatility could translate into a fall in world economic growth of around 0.29 percentage points, but it could also have negative …
Persistent link: https://www.econbiz.de/10012983788
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