Flexibility of adjustment to shocks economic growth and volatility of middle income countries before and after the global financial crisis of 2008.
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 economic institutions and fundamentals. It finds that the associations of growth, volatility, shocks, insti...
Format: | Electronic Resource |
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Language: | English |
Published: |
Metro Manila, Philippines
Asian Development Bank
2017.
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Series: | Economic working paper.
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Subjects: | |
Online Access: | https://www.adb.org/publications/flexibility-adjustment-shocks-middle-income-countries |