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Asia Beyond the Global Economic Crisis

The Transmission Mechanism of Financial Shocks

Satoshi Inomata ,

 
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Asia Beyond the Global Economic Crisis: The Transmission Mechanism of Financial Shocks
Asia Beyond the Global Economic Crisis: The Transmission Mechanism of Financial Shocks

About the eBook

The characteristic feature of the recent global economic crisis is the speed and extent of the shock transmission. The development of cross-national production networks in recent years has significantly deepened the economic interdependency between countries, and a shock that occurs in one region can be swiftly and extensively transmitted to the rest of the globe. The sudden contraction of world trade and output is a negative outcome of this intertwined global economic system. Based on the method known as international input-output analyses, this book provides a detailed examination of the mechanics of shock transmission by probing the labyrinth of complex supply networks among nations.

Written for experts and non-experts alike, this book will be a valuable read for academics and students interested in global supply chains as well as researchers from private companies or consulting agencies who consider post-crisis Asia as a significant target market. Government policymakers and specialists in international organizations will also find this book of value for designing a grand scheme for economic coordination and cooperation.

Contributors include: H. Escaith, F. Gonguet, K. Hayakawa, S. Inomata, I. Kuroiwa, H. Kuwamori, B. Meng, N. Okamoto, P.A. Petri, H. Sato, Y. Uchida

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