How Does Globalization Affect the Synchronization of Business Cycles? /

This paper examines the impact of rising trade and financial integration on international business cycle comovement among a large group of industrial and developing countries. The results provide at best limited support for the conventional wisdom that globalization has increased the degree of synch...

Full description

Bibliographic Details
Main Author: Kose, Ayhan
Other Authors: Prasad, Eswar, Terrones, Marco
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Working Papers; Working Paper ; No. 2003/027
Online Access:Full text available on IMF

Similar Items