IMF Research Bulletin, September 2010

Released on by International Monetary Fund. Research Dept.
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  • IMF Research Bulletin, September 2010 Book Detail

  • Author : International Monetary Fund. Research Dept.
  • Release Date : 2010-09-30
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 12
  • ISBN 13 : 1455243140
  • File Size : 11,11 MB
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IMF Research Bulletin, September 2010 by International Monetary Fund. Research Dept. PDF Summary

Book Description: This paper analyzes transmission of the great recession from advanced to emerging economies. The widespread impact of the global financial crisis of 2008–09 has spurred researchers to examine how the associated recession was transmitted from advanced to emerging economies. Recent IMF studies have found that precrisis vulnerabilities such as large current account deficits, rapid credit growth, and high levels of short-term debt were strongly associated with the magnitude of spillovers. Trade, bank lending, and financial markets served as key transmission channels.

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