01850cas a2200265 a 4500 AALejournalIMF000240 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451969627 1018-5941 BD-DhAAL BD-DhAAL Hoffmaister, Willy. Have North-South Growth Linkages Changed? / Willy Hoffmaister, Mahmood Pradhan, Hossein Samiei. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (38 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper provides preliminary econometric evidence suggesting that the traditional trade-based business cycle linkages between the North and the South have changed. Many countries in the South, in particular in Asia, appear to have become more resilient to cyclical movements in the North, and to have come to play a more significant role in sustaining global activity, in particular during the 1991-93 slowdown. A number of factors may have contributed to these changes: improved domestic policies and more open trade and exchange regimes; closer financial linkages with the North and a substantial increase in capital flows; a marked rise in inter-regional trade; and greater diversification of the exports of the South. Mode of access: Internet Pradhan, Mahmood. Samiei, Hossein. IMF Working Papers; Working Paper ; No. 1996/054 Full text available on IMF http://elibrary.imf.org/view/journals/001/1996/054/001.1996.issue-054-en.xml IMF e-Library