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...

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Bibliographic Details
Format: Electronic Resource
Language:English
Published: Metro Manila, Philippines Asian Development Bank 2017.
Series:Economic working paper.
Subjects:
Online Access:https://www.adb.org/publications/flexibility-adjustment-shocks-middle-income-countries