01675cas a2200241 a 4500 AALejournalIMF005847 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451872729 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Decoupling from the East Toward the West? : Analyses of Spillovers to the Baltic Countries. Washington, D.C. : International Monetary Fund, 2009. 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 uses VAR models to examine the magnitude and sources of growth spillovers to the Baltics from key trading partners, as well asfrom the real effective exchange rate (REER). Our results show there are significant cross-country spillovers to the Baltics with those from the EU outweighing spillovers from Russia. Shocks to the REER generally depress growth in the Baltics, and this intensifies over time. We also find that financial and trade channels dominate the transmission of spillovers to the region which partly explains the realization of downside risks to the Baltics from the global slowdown. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2009/125 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/125/001.2009.issue-125-en.xml IMF e-Library