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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...
Persistent link: https://www.econbiz.de/10010790399
-à-vis the rest of the world –in particular vis-à-vis China, Central and Eastern Europe, and oil exporters- on the external …
Persistent link: https://www.econbiz.de/10011123828
in Europe with a focus on these two groups, looking at contributions from cyclical and other factors, and seeking to draw …
Persistent link: https://www.econbiz.de/10011242288
countries with the advanced Europe countries. The results show strong co-movements in output growth and interest rates but … weaker linkages bewteen inflation and real credit growth within Europe. While the euro area is the dominant source of … small but notable impact of CESEE countries on the rest of the Europe. …
Persistent link: https://www.econbiz.de/10011242313
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011245378
analysis finds strong role of supply links in cross-country export performance in Europe, where these links between countries …
Persistent link: https://www.econbiz.de/10011242362
whether financial globalization has helped induce governments to pursue better macroeconomic policies (the "discipline effect … robust causal evidence. There is some evidence that financial globalization may have induced countries to pursue low …
Persistent link: https://www.econbiz.de/10005768809
The paper examines the implications of lower trade barriers for sectoral diversification and macroeconomic stability in developing economies with a large primary goods sector. It shows that lower trade barriers can have ambiguous effects on macroeconomic stability. It shows also that...
Persistent link: https://www.econbiz.de/10005768953
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
This paper analyzes various indicators of the U.S. international investment position from a portfolio perspective. The 1990s saw a decline in home bias, which, coupled with rapid financial deepening, led to a large increase in gross international investment holdings. The home bias of non-U.S....
Persistent link: https://www.econbiz.de/10005769170