Emerging Markets

Resilience and Growth Amid Global Turmoil

by M. Ayhan Kose, Eswar Prasad

Emerging Markets: Resilience and Growth Amid Global Turmoil
US$26.95
Subject categories
ISBNs
  • 0815705654
  • 9780815705642
  • 9780815705659
Over the past two decades, emerging market economies (EMEs) have become a dominant presence in the world economy. They now account for a substantial share of world output and, with their rapid growth rates, have become a major driver of global growth during the past decade. But how sustainable are their growth and development in the face of unpredictable events and often rocky economic conditions? In this new book, accomplished international economists M. Ayhan Kose and Eswar Prasad assess the resilience of EMEs through empirical analysis of the changing nature nature of cyclical linkages between EMEs and advanced economies. The results are important for anyone trying to anticipate the future track of EMEs or hoping to do business with them.ContentChapter 1. Changes in the World Economic Order: A RoadmapChapter 2. Rising Global Linkages and International Business Cycles: A SurveyChapter 3. Constructing the DatabaseChapter 4. Shifting Dynamics of Global GDP and GrowthChapter 5. Global Trade LinkagesChatper 6. Global Financial LinkagesChapter 7. Business Cycle VolatilityChapter 8. Business Cycle ComovementChapter 9. Exploring the Sources of Business Cycle ComovementChapter 10. Macroeconomics of Recessions and Financial CrisesChapter 11. Emerging Markets during the Global Financial CrisisChapter 12. The Good and the Ugly: Emerging Asia and Emerging EuropeChapter 13. What Explains the Resilience of Emerging Markets?Chapter 14. Conclusions and Policy ImplicationsAppendix: List of Countries and Country Groups
  • Brookings Institution Press; November 2010
  • ISBN: 9780815705659
  • Edition: 1
  • Read online
  • Title: Emerging Markets
  • Author: M. Ayhan Kose; Eswar Prasad
  • Imprint: Brookings Institution Press
Subject categories
ISBNs
  • 0815705654
  • 9780815705642
  • 9780815705659