Spillovers to low-income countries: importance of systemic emerging markets

This paper documents the expanding economic linkages between low-income countries (LICs) and a narrow group of "Emerging Market leaders" that have become major players in international trade and financial flows. VAR models show that these linkages have increased the share of growth volatil...

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Бібліографічні деталі
Автори: Espinoza, E, Jahan, S
Формат: Working paper
Опубліковано: University of Oxford 2012