Growth Spillover Dynamics From Crisis To Recovery

Download Growth Spillover Dynamics From Crisis To Recovery full books in PDF, epub, and Kindle. Read online Growth Spillover Dynamics From Crisis To Recovery ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Growth Spillover Dynamics From Crisis to Recovery

Author : Ms.Helene Poirson Ward
Publisher : International Monetary Fund
ISBN 13 : 1463903510
Total Pages : 52 pages
Book Rating : 4.4/5 (639 download)

DOWNLOAD NOW!

Book Synopsis Growth Spillover Dynamics From Crisis to Recovery by : Ms.Helene Poirson Ward

Download or read book Growth Spillover Dynamics From Crisis to Recovery written by Ms.Helene Poirson Ward and published by International Monetary Fund. This book was released on 2011-09-01 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can positive growth shocks from the faster-growing countries in Europe spill over to the slower growing countries, providing useful tailwinds to their recovery process? This study investigates the potential relevance of growth spillovers in the context of the crisis and the recovery process. Based on a VAR framework, our analysis suggests that the U.S. and Japan remain the key source of growth spillovers in this recovery, with France also playing an important role for the European crisis countries. Notwithstanding the current export-led cyclical upswing, Germany generates relatively small outward spillovers compared to other systemic countries, but likely plays a key role in transmitting and amplifying external growth shocks to the rest of Europe given its more direct exposure to foreign shocks compared to other European countries. Positive spillovers from Spain were important prior to the 2008 - 09 crisis, however Spain is generating negative spillovers in this recovery due to a depressed domestic demand. Negative spillovers from the European crisis countries appear limited, consistent with their modest size.

Growth Dynamics: The Myth of Economic Recovery

Author : Valerie Cerra
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451861662
Total Pages : 43 pages
Book Rating : 4.8/5 (616 download)

DOWNLOAD NOW!

Book Synopsis Growth Dynamics: The Myth of Economic Recovery by : Valerie Cerra

Download or read book Growth Dynamics: The Myth of Economic Recovery written by Valerie Cerra and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-07-01 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using panel data for a large number of countries, we find that economic contractions are not followed by offsetting fast recoveries. Trend output lost is not regained, on average. Wars, crises, and other negative shocks lead to absolute divergence and lower long-run growth, whereas we find absolute convergence in expansions. The output costs of political and financial crises are permanent on average and long-term growth is negatively linked to volatility. These results also imply that panel data studies can help identify the sources of growth and that economic models should be capable of explaining growth and fluctuations within the same framework.

Germany In An Interconnected World Economy

Author : Mr.Ashoka Mody
Publisher : International Monetary Fund
ISBN 13 : 1616354240
Total Pages : 280 pages
Book Rating : 4.6/5 (163 download)

DOWNLOAD NOW!

Book Synopsis Germany In An Interconnected World Economy by : Mr.Ashoka Mody

Download or read book Germany In An Interconnected World Economy written by Mr.Ashoka Mody and published by International Monetary Fund. This book was released on 2013-04-10 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Germany has been a central player in discussions on the future architecture of Europe, and has been called on to play a larger role in supporting global and, especially, European recovery from the financial crisis that triggered the Great Recession. This book focuses on the possible economic role of Germany and shows that the quantitative effects of a German fiscal stimulus would be small on the heavily indebted euro area periphery countries that most need the boost. The book finds that Germany itself faces a growth challenge and that efforts to raise its own growth potential are important for Germany, and that more rapid growth of domestic demand will more powerfully stimulate European economic growth through its expanded demand for imports.

Global Growth and Financial Spillovers and the South African Macro-economy

Author : Mthuli Ncube
Publisher : Springer
ISBN 13 : 1137512962
Total Pages : 187 pages
Book Rating : 4.1/5 (375 download)

DOWNLOAD NOW!

Book Synopsis Global Growth and Financial Spillovers and the South African Macro-economy by : Mthuli Ncube

Download or read book Global Growth and Financial Spillovers and the South African Macro-economy written by Mthuli Ncube and published by Springer. This book was released on 2016-04-29 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: To what extent is South Africa affected by G8 economies and BRIC growth shocks? This book identifies channels that amplify these shock effects, the relevance of third country transmission effects and the effects of the first and second rounds of US quantitative easing. The changing reactions of South African variables over time to financial shocks emanating from the US and selected countries in the Euro area, is presented. The book quantifies the effects of capital flow shocks, determines the counterfactuals of asset prices and economic growth variables, and compares the contribution of capital flows and domestic macro factors on asset prices. The effects of the exchange rate depreciation are contrasted to the decline in investment as key drivers of the trade balance. Stock market interdependence is determined amongst South African, Indian and Brazilian equities. The contributions of stock price returns and volatility on South African economic growth are contrasted. The authors construct a financial stress index for South Africa and determine how it amplifies shocks.

Spain

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484342917
Total Pages : 31 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Spain by : International Monetary Fund. European Dept.

Download or read book Spain written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2013-08-02 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes household savings ratio in Spain. The household savings ratio has fallen to its lowest historical rate in 2012, as households cut back savings to support consumption in response to negative income shocks. Household savings fell across all households, but the declines were likely more material among lower income and highly indebted groups. Declining household income and savings slowed deleveraging and put household balance sheets under pressure. Looking ahead, households may need to restrain consumption further to free resources for repaying debt. Household savings rates will likely stay below historical levels for some time then slowly increase.

Trade Tensions, Global Value Chains, and Spillovers

Author : Raju Huidrom
Publisher : International Monetary Fund
ISBN 13 : 1498319017
Total Pages : 76 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Trade Tensions, Global Value Chains, and Spillovers by : Raju Huidrom

Download or read book Trade Tensions, Global Value Chains, and Spillovers written by Raju Huidrom and published by International Monetary Fund. This book was released on 2019-06-12 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe is deeply integrated into global value chains and recent trade tensions raise the question of how European economies would be affected by the introduction of tariffs or other trade barriers. This paper estimates the impact of trade shocks and growth spillovers using value added measures to better gauge the associated costs across European countries.

Finland

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1475506015
Total Pages : 90 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!

Book Synopsis Finland by : International Monetary Fund

Download or read book Finland written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-08-31 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues and Analytical Note on Finland discusses the potential spillovers to Finland from various shocks associated with cross-country interlinkages. The note provides an overview of the trade and financial linkages, assesses the impact of global fiscal consolidation on Finland via trade links, quantifies dynamic contributions from external sources to growth, and uses these contributions to forecast the potential loss to Finnish GDP from a growth slowdown in other European countries; and analyzes the potential impact from the banking sector or sovereign stress.

El Salvador

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484397037
Total Pages : 72 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis El Salvador by : International Monetary Fund. Western Hemisphere Dept.

Download or read book El Salvador written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2013-05-22 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization

Author : Bayar, Yilmaz
Publisher : IGI Global
ISBN 13 : 1799844609
Total Pages : 699 pages
Book Rating : 4.7/5 (998 download)

DOWNLOAD NOW!

Book Synopsis Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization by : Bayar, Yilmaz

Download or read book Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization written by Bayar, Yilmaz and published by IGI Global. This book was released on 2020-11-06 with total page 699 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization is a multi-dimensional concept reflecting the increased economic, social, cultural, and political integration of countries. There has been no pinpointed consensus on the history of globalization; however, the globalization process has gained significant speed as of the 1980s in combination with liberalization. Many countries have removed or loosened barriers over the international flows of goods, services, and production factors. In this context, both liberalization and globalization have led to considerable institutional, economic, social, cultural, and political changes in the world. The liberalization and globalization processes have affected economic units, institutions, cultures, social lives, and national and international politics. The Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization provides a comprehensive evaluation of the institutional, economic, and social impacts of globalization and liberalization processes across the world. While highlighting topics like economics, finance, business, and public administration, this book is ideally intended for government officials, policymakers, practitioners, stakeholders, researchers, and academicians interested in the international impacts of globalization and liberalization across a variety of different domains.

Guatemala

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498335985
Total Pages : 48 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Guatemala by : International Monetary Fund. Western Hemisphere Dept.

Download or read book Guatemala written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2014-09-18 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues note estimates Guatemala’s potential output and output gap using the production function approach, univariate statistical filters, and multivariate models based on the Kalman filter method. In the production function approach, potential output is modeled as a function of potential labor and capital inputs, and total factor productivity (TFP). Results are robust to different methodologies and suggest that its potential output growth is about 3.5 percent and the output gap is on average closed. Structural breaks in potential output were identified in 1994, 2003, and 2008, which coincide to the Mexican tequila crisis, the free trade agreement with the US, and the financial crisis. Going forward, it is critical to undertake structural reforms to strengthen capital, labor, and TFP growth in order to accelerate potential growth. Univariate statistical methods provide a simple measure of potential output. The production function approach also indicates that the absence of productivity growth is a significant barrier to potential output growth.

Belgium

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1475502397
Total Pages : 56 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!

Book Synopsis Belgium by : International Monetary Fund

Download or read book Belgium written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-03-20 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues Paper on Belgium provides an overview of the extent of trade and financial openness of Belgium and the links to particular countries. With an export-to-GDP ratio of 79 percent, Belgium belongs to the most open economies in Europe and also globally. Its exports are highly concentrated with a share of three-fourths of total merchandise exports accounted for by the European Union, of which close to two-thirds go to Germany, France, and the Netherlands.

Costa Rica

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498305571
Total Pages : 100 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Costa Rica by : International Monetary Fund. Western Hemisphere Dept.

Download or read book Costa Rica written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2015-02-05 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper examines several real sector issues, including estimates of potential output, the effect of Intel’s withdrawal on gross domestic product (GDP), labor market and inequality and electricity prices in Costa Rica. The production function approach shows that the main drivers of fluctuations in GDP growth are total factor productivity (TFP) and labor supply. These results on TFP, however, should be interpreted with caution. The TFP measure is a residual—the difference between output growth and the growth in the quantity (and quality) of inputs. Estimates suggest that potential GDP growth is about 4.3 percent, the output gap is broadly closed, and Intel’s withdrawal will lower real GDP growth in about 1/2 percentage point. Significant wage premia are identified across public versus private sectors and some evidence of intergenerational inequality is also presented. Electricity tariffs are found to be regionally competitive albeit with inefficiencies in their determination.

Colombia

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498331017
Total Pages : 86 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Colombia by : International Monetary Fund. Western Hemisphere Dept.

Download or read book Colombia written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2014-06-23 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes spillover risks for Colombia. It highlights that external shocks could spill over to the Colombian economy through the country’s important and growing trade and financial linkages with the rest of the world. Colombia would be most exposed to a decline in oil prices, which could have a sizable adverse impact on the balance of payments, the fiscal accounts and growth. Growth shocks in key trading partners could also have a negative impact, particularly in the United States, which is Colombia’s main trading partner. Colombia’s fiscal rule and adjustment in the context of resource wealth is also analyzed.

France

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1475576293
Total Pages : 79 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!

Book Synopsis France by : International Monetary Fund. European Dept.

Download or read book France written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2013-01-08 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper identifies France’s structural reforms that would yield the largest competitiveness gains based on macro-empirical evidence, and reviews signs of potential gains from a deregulation of the services sector. It is expected that completing deregulation in the services sector would benefit the entire French economy, by boosting productivity and exports. Econometric results have estimated the impact of reducing the labor taxation and labor market rigidities and of increasing innovation to the average level of other advanced countries.

CEPAL Review No.126, December 2018

Author : Economic Commission for Latin America and the Caribbean
Publisher : United Nations
ISBN 13 : 9210041941
Total Pages : 210 pages
Book Rating : 4.2/5 (1 download)

DOWNLOAD NOW!

Book Synopsis CEPAL Review No.126, December 2018 by : Economic Commission for Latin America and the Caribbean

Download or read book CEPAL Review No.126, December 2018 written by Economic Commission for Latin America and the Caribbean and published by United Nations. This book was released on 2019-05-29 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of reforms and transfer of technology. Written in English and Spanish (Revista De La Cepal), each tri-annual issue brings you approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

World Economic Outlook, October 2017

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
ISBN 13 : 148431249X
Total Pages : 304 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis World Economic Outlook, October 2017 by : International Monetary Fund. Research Dept.

Download or read book World Economic Outlook, October 2017 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2017-10-10 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global upswing in economic activity is strengthening. Global growth, which in 2016 was the weakest since the global financial crisis at 3.2 percent, is projected to rise to 3.6 percent in 2017 and to 3.7 percent in 2018. The growth forecasts for both 2017 and 2018 are 0.1 percentage point stronger compared with projections earlier this year. Broad-based upward revisions in the euro area, Japan, emerging Asia, emerging Europe, and Russia—where growth outcomes in the first half of 2017 were better than expected—more than offset downward revisions for the United States and the United Kingdom. But the recovery is not complete: while the baseline outlook is strengthening, growth remains weak in many countries, and inflation is below target in most advanced economies. Commodity exporters, especially of fuel, are particularly hard hit as their adjustment to a sharp step down in foreign earnings continues. And while short-term risks are broadly balanced, medium-term risks are still tilted to the downside. The welcome cyclical pickup in global activity thus provides an ideal window of opportunity to tackle the key policy challenges—namely to boost potential output while ensuring its benefits are broadly shared, and to build resilience against downside risks. A renewed multilateral effort is also needed to tackle the common challenges of an integrated global economy.

World Economic Outlook, October 2018

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
ISBN 13 : 148437679X
Total Pages : 215 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis World Economic Outlook, October 2018 by : International Monetary Fund. Research Dept.

Download or read book World Economic Outlook, October 2018 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2018-10-09 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth for 2018–19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and it has become less balanced. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded. Global growth is projected at 3.7 percent for 2018–19—0.2 percentage point lower for both years than forecast in April. The downward revision reflects surprises that suppressed activity in early 2018 in some major advanced economies, the negative effects of the trade measures implemented or approved between April and mid-September, as well as a weaker outlook for some key emerging market and developing economies arising from country-specific factors, tighter financial conditions, geopolitical tensions, and higher oil import bills. The balance of risks to the global growth forecast has shifted to the downside in a context of elevated policy uncertainty. Several of the downside risks highlighted in the April 2018 World Economic Outlook (WEO)—such as rising trade barriers and a reversal of capital flows to emerging market economies with weaker fundamentals and higher political risk—have become more pronounced or have partially materialized. Meanwhile, the potential for upside surprises has receded, given the tightening of financial conditions in some parts of the world, higher trade costs, slow implementation of reforms recommended in the past, and waning growth momentum.