01984cas a2200241 a 4500 AALejournalIMF008021 230101c9999 xx r poo 0 0eng d 20.00 USD 9781455245161 2616-5333 BD-DhAAL BD-DhAAL International Monetary Fund. Spillover Effects and the East African Community : Explaining the Slowdown and the Recovery. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (33 pages) Departmental 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 The East African Community (EAC) countries (Kenya, Tanzania, Uganda, and Rwanda) have been affected by the global financial crisis and global recession. The fall in global demand and inflows and tighter liquidity conditions abroad affected the countries in this region as elsewhere in sub-Saharan Africa. But how hard have countries in the EAC been hit? Have the spillovers from the global crisis affected countries in the region as much as other countries in the sub-Saharan region? Have the transmission channels or magnitudes of the spillovers been different across EAC countries? How can these countries return quickly to a path of sustained high growth? What is the role for policy? Would acceleration of regional integration and policy coordination help achieve this goal? Would it make the region less susceptible to shocks? This paper focus on the EAC countries and attempts to address these questions. Mode of access: Internet Departmental Papers; Departmental Paper ; No. 2009/005 Full text available on IMF http://elibrary.imf.org/view/journals/087/2009/005/087.2009.issue-005-en.xml IMF e-Library