Format:
VI, 308.
,
graph. Darst.
ISBN:
9780262019804
Series Statement:
CESifo seminar series
Content:
One lens through which to view global economic interdependence and the spillover of shocks is that of decoupling (and then recoupling). Decoupling between developed and developing countries can be seen in the strong economic performance of China and India relative to that of the United States and Europe in the early 2000s. Recoupling then took place as developing countries sank along with the developed world during the deepening financial crisis of 2008. This volume examines patterns of global economic interdependence and the propagation of shocks in an increasingly integrated world economy. - The contributors discuss such topics as the transmission of exogenous shocks; causes of business cycle synchronicity; the differences between global and regional shocks; the South-South trade relationship and its effect on decoupling; vertical specialization and Mexico’s manufacturing exports; growth prospects in China, the United States, and Europe after the financial crisis; and the evolving role of the U.S. dollar in international monetary architecture.
Note:
Includes bibliographical references and index
,
Erscheinungsjahr in Vorlageform:[2013]
,
Introduction
,
Measuring international spillovers during economic expansions and slowdowns
,
Building a synchronous common-cycle index for the European Union
,
No coupling, no decoupling, only mutual interdependence : business cycles in emerging versus mature economies
,
Regionalization versus globalization
,
The role of household saving in the economic rise of China
,
The rise of South-South trade : does it mean less dependence on the North?
,
Estimating foreign value-added in Mexico's manufacturing exports
,
On the persistence of trade imbalances : evidence from Europe
,
China, the United States, and Europe after the Great Recession : has anything changed?
,
The international role of the dollar : does it matter if it changes?
,
The Penn effect : decoupling and recoupling in the price-income relationship?
Additional Edition:
Online-Ausg. Global interdependence, decoupling and recoupling Cambridge, Massachusetts : The MIT Press, 2013 ISBN 0262314444
Additional Edition:
ISBN 9780262314442
Language:
English
Subjects:
Economics
Keywords:
Internationale Wirtschaftsorganisation
;
Globalisierung
;
Weltwirtschaft
;
Wirtschaftskreislauf
;
Interdependenz
;
Schock
;
Internationaler Vergleich
;
Aufsatzsammlung
;
Bibliografie
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