Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.22617/WPS179127-2 |
Flexibility of Adjustment to Shocks: Economic Growth and Volatility of Middle-Income Countries Before and After the Global Financial Crisis of 2008 | |
[unavailable] | |
2017-11-21 | |
出版年 | 2017 |
语种 | 英语 |
国家 | 国际 |
领域 | 气候变化 |
英文摘要 |
![]() This paper analyzes the role of institutions and macroeconomic fundamentals on countries' adjustment to shocks especially for middle-income countries before and after the global financial crisis. This paper examines how economic growth and growth volatility are associated with internal and external shocks, as well as shock spillovers from trade partners, taking into account the country’s economic institutions and fundamentals. It finds that the associations of growth, volatility, shocks, institutions, and macro fundamentals have changed in important ways after the recent global financial crisis. In particular, gross domestic product growth across countries has become more dependent on external factors, including global growth, global oil prices, and global financial volatility. Contents
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来源平台 | Asian Development Bank |
引用统计 | |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/234430 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | [unavailable]. Flexibility of Adjustment to Shocks: Economic Growth and Volatility of Middle-Income Countries Before and After the Global Financial Crisis of 2008,2017. |
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