Showing 1 - 10 of 165,669
of the Covid-19 pandemic in early 2020, the results pointed towards large spillovers from the shutdown in China to … related to the shift of preferences towards goods with a large China valued-added content played a relevant role …. Interestingly, the impact of Chinese supply chain shocks is not limited to manufacturing sectors that are highly exposed to China …
Persistent link: https://www.econbiz.de/10013459723
of the Covid-19 pandemic in early 2020, the results pointed towards large spillovers from the shutdown in China to … related to the shift of preferences towards goods with a large China valued-added content played a relevant role …. Interestingly, the impact of Chinese supply chain shocks is not limited to manufacturing sectors that are highly exposed to China …
Persistent link: https://www.econbiz.de/10014263117
China's transition to a new growth model continues and the impact has been felt across the globe. Several trends … contribute to the 'maturing' of China's economy: i) structural slowing on the convergence path; ii) on-shoring deepening; and iii … developments, the overall impact on the global economy is not large. However, the impact on China's closest trading partners and …
Persistent link: https://www.econbiz.de/10012977756
What is the impact of economic spillovers from China on sub-Saharan Africa (SSA)? This is an increasingly important … question because of China's growing economic role as a partner of SSA countries for both trade and the buildup of … infrastructure in the region. The impact of spillovers from China has been an open question because of the challenge to use an …
Persistent link: https://www.econbiz.de/10013012435
The process of "redefining" capitalism or reinterpreting capitalism ideologies in a modern context can reveal the virtues of classical economics and the ways they can help solve contemporary global problems. In Redefining Capitalism in Global Economic Development, Kui-Wai Li helps us reconsider...
Persistent link: https://www.econbiz.de/10012832354
This paper empirically addresses the hypothesis that of the external commodity based sector, Chinese resource demand is the most important driver of emerging market economy business cycles using Brazil as a representative case. Using a structural VAR to examine the effects of Chinese resource...
Persistent link: https://www.econbiz.de/10012910668
We estimate the causal impact of countercyclical interest rates on macroeconomic outcomes in open economies. To identify countercyclical interest rates, we construct a new database of short-term interest rates, principal exports, and international commodity prices for 40 economies from 1870 to...
Persistent link: https://www.econbiz.de/10013266681
This paper sheds light on the impact of global macroeconomic uncertainty on the euro area economy. We build on the methodology proposed by Jurado et al. (2015) and estimate global as well as country-specific measures of economic uncertainty for fifteen key euro area trade partners and the euro...
Persistent link: https://www.econbiz.de/10012515462
Business cycles appear highly synchronized across countries. To understand this empirical phenomenon, I develop a multi-country international real business cycle model with international trade that offers several potential explanations: shocks to TFP, demand, leisure, investment, economic...
Persistent link: https://www.econbiz.de/10012840130
This paper studies the implications of globalization for the dynamics of macroeconomic variables over the business cycle for a small open trade-dependent economy, such as Korea. We study the impact of globalization through the lens of a structural model. Globalization is modeled as a...
Persistent link: https://www.econbiz.de/10013026024