Demand Spillovers and the Collapse of Trade in the Global Recession /

This paper uses a global input-output framework to quantify US and EU demand spillovers and the elasticity of world trade to GDP during the global recession of 2008-2009. We find that 20-30 percent of the decline in the US and EU demand was borne by foreign countries, with NAFTA, Emerging Europe, an...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Yi, Kei-Mu
अन्य लेखक: Bems, Rudolfs, Johnson, Robert
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2010.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2010/142
ऑनलाइन पहुंच:Full text available on IMF