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|c 5.00 USD
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|z 9781451847505
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|a 1018-5941
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|c BD-DhAAL
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|a Kireyev, Alexei.
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|a Comparative Macroeconomic Dynamics in the Arab World :
|b A Panel Var Approach /
|c Alexei Kireyev.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2000.
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|a 1 online resource (52 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The paper presents a comparative analysis of macroeconomic dynamics of 18 Arab countries based on a panel vector autogression estimation. Comparing growth performance, fiscal and current account developments in these countries, the study concludes that (1) in the short run, external and country-specific factors play an almost equal role in explaining macroeconomic fluctuations, but in the long run external factors dominate; (2) on average, program countries are less vulnerable to adverse exogeneous shocks than nonprogram countries; (3) to mitigate the negative impact of an external shock, domestic policy response should be consistent with the size of the shock.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2000/054
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2000/054/001.2000.issue-054-en.xml
|z IMF e-Library
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