The Initial Impact of the Crisis on Emerging Market Countries
To understand the diverse impact of the crisis across emerging market countries, we explore the role of two shocks—the collapse in trade and the sharp decline in financial flows—in the transmission of the crisis from the advanced economies. We first develop a simple open economy model, which all...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
Brookings Institution Press
2011
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| Online Access: | http://hdl.handle.net/1721.1/64733 https://orcid.org/0000-0001-8142-5016 |