01805cas a2200253 a 4500 AALejournalIMF014384 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484380796 1018-5941 BD-DhAAL BD-DhAAL Behar, Alberto. Export Spillovers from Global Shocks for the Middle East and Central Asia / Alberto Behar, Jaime Espinosa-Bowen. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (31 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 quantifies the effect of realized and potential global growth disappointments on export volumes from the Middle East, North Africa, the Caucasus, and Central Asia. Estimates of export elasticities with respect to trading partner GDP indicate non-oil export volumes are relatively responsive while service exports are less responsive. Downward revisions to global GDP growth for 2011-14 have impeded export performance, and the possibility of disappointing GDP growth in Europe and emerging markets presents further downside risks for exports. The Maghreb countries are particularly sensitive to developments in Europe, while CCA countries are more susceptible to growth in the BRICS. Mode of access: Internet Espinosa-Bowen, Jaime. IMF Working Papers; Working Paper ; No. 2014/080 Full text available on IMF http://elibrary.imf.org/view/journals/001/2014/080/001.2014.issue-080-en.xml IMF e-Library